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305 Timor Street

Warrnambool VIC 3280

4
2
1123 m²
House
Currently for sale - view listing

Overview

A Truly Unique Investment Opportunity

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.

Features

4 bedrooms
2 bathrooms
1123 m² lot size
House

Happy sellers in Warrnambool

81%
81% of sellers in Warrnambool reported that their sale price either exceeded or met their price expectations.

Warrnambool stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 62 reviews in Warrnambool over the last 12 months.

Local market activity for 4 bedroom houses in Warrnambool

In the last 12 months, 179 four-bedroom houses similar to 305 Timor Street, have been sold.

This represents a 1% decrease in four-bedroom houses sales when compared to the previous 12 months.

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