1/221 Great Ocean Rd

Apollo Bay VIC 3233

107 m²

Apartment

Last sold for $702,000

Gary Van Someren, last sold this property on 05 February 2026 after 792 days on market.

Overview

Strong short stay rental returns

In a prime location, this exceptional front-row holiday apartment presents a rare opportunity, with staggering short stay rental returns, averaging over $5,000 per month, more than 7% return on investment. Positioned merely 50 paces away from the waters' edge, properties of this calibre, both affordable and prominently situated, seldom enter the market. Boasting a fresh and invigorating ambiance, this two-bedroom and one-bathroom holiday apartment is a haven of comfort and relaxation. The open plan kitchen and living space is bathed in natural light, offering a rejuvenating atmosphere that complements the mesmerizing sea views spanning from Cape Patton to the picturesque Apollo Bay Harbour. The property includes a functional laundry, a spacious carport and a welcoming courtyard on the northern side invites you to savour outdoor moments. Meticulously maintained, this apartment exudes a sense of pristine elegance, having been recently adorned with a fresh internal paint job. Convenience takes centre stage as this residence stands a mere 450 meters away from a vibrant array of Apollo Bay restaurants, cafes, and shops. Accessible via a scenic beach stroll or a charming footpath, the property seamlessly blends coastal tranquility with urban accessibility. Furthermore, the property proves to be a wise investment with its thriving holiday rental returns. In this coastal abode, it's not just about owning a property; it's about embracing the essence of the seafront and reveling in its panoramic beauty. Whether you seek an ideal weekend retreat, a steady income stream from holiday rentals, or a fusion of both, the versatility of this space caters to your aspirations.

Features

2 bedrooms

1 bathroom

1 carspace

107 m² floor area

107 m² lot size

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Apollo Bay over the last 12 months, the estimated median property value of 1/221 Great Ocean Rd is $605k.

Median value

$605k

Estimated value range

$599k - $702k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Apollo Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/221 Great Ocean Rd

2026

Sold

$702,000

Private Sale/Treaty on 05 Feb 2026 by Gary Van Someren, of Great Ocean Properties Apollo Bay

2018

Sold

$417,000

31 Jul 2018 by Troy Kincaid, of Richardson Real Estate Colac

Happy sellers in Apollo Bay

We have insufficient information to provide an overview of customer satisfaction for Apollo Bay. Viewing the agent profiles, reviews and sales for Apollo Bay can provide insights for this location.