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305 Timor Street

Warrnambool, VIC 3280, Australia
4 bed 0 bath 0 car1123m²

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Area Price Guide
$968,200$1.09m

Indicative price guide range

🏘️
64
Comparable
📊
$638,739
Area median
⚖️
+61%
vs median
📐
$917
Per m²
📏
1123 m²
Land
🗓️
Yesterday
Listed

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Positioned in a highly sought after central Warrnambool location, this standout property offers immediate income at the front with four fully operational squash courts, complete with male and female amenities, storage areas and an office. At the rear, the opportunity continues with three apartments in various stages of completion: • Two x two bedroom, one bathroom apartments nearing completion • One future three bedroom apartment with framing already in place This is a rare chance to transform the site into high demand central apartments, all within walking distance to Warrnambool's CBD, South West Healthcare (Warrnambool Base Hospital), shops, cafés and services. The proximity to the hospital makes the residential component particularly attractive for medical professionals, hospital staff and long-term tenants. With the potential to: • Generate dual income (commercial + residential) • Complete and hold as a strong investment • Or convert the entire complex into an apartment building and resell for profit Opportunities like this don't come around often. Vision, location and upside - all in one exceptional central Warrnambool property.

Property Features

    Location & Nearby

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    Approximate location shown. Contact agent for exact address.

    Neighbourhood Insights

    🚆
    1
    Transport
    Nearest 4.0km
    🌳
    20
    Parks
    Nearest 1.5km
    🛍️
    25
    Shops & dining
    Nearest 1.3km
    Nearby amenities from OpenStreetMap, within ~2km of this property

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