342 Raglan Parade
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About this property
This is a unique investment opportunity situated on the eastern side of Warrnambool on the main highway, Princes Highway. With two streams of income this property offers both a residence and commercial business. This unique corner allotment on a service road provides fantastic highway frontage and generates plenty of potential business exposure. Ripe for refurbishment and repurposing this site is ideal for everyday commuters, traveling traffic, school and horse racing goers. - 1 year lease in place with options - Corner allotment with 42m frontage onto the highway - Ideal cafe, takeaway venture - 3 bedroom residence - No competing businesses nearby - Rental yield return
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 2
- Listed
- 3 months ago
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Neighbourhood
Living in Warrnambool
This 3-bedroom house in Warrnambool, VIC 3280 sits within reach of public transport, local shops and nearby schools. It is listed 16% above the $589,000 median of 60 comparable houseswithin 5 km.
Schools near Warrnambool
- King's Collegecombined · Prep-12 · CoEd
- Merri River Schoolcombined · U · CoEd
- Merrivale Primary Schoolprimary · Prep-6 · CoEd
- St Pius X Schoolprimary · Prep-6 · CoEd
- Warrnambool East Primary Schoolprimary · Prep-6 · CoEd
- Warrnambool Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Warrnambool College/Cramer St (bus) — 1.2 km away
- Barbeques Galore and camping — 1.2 km away
- Albert Park — 867 m away
- Brierly Park — 1.6 km away
- James Swan Reserve — 1.9 km away
Warrnambool at a glance
Full suburb profile- Population
- 31,308
- Median age
- 42
- Household income
- $1,385/wk
- Median rent
- $290/wk
- Median mortgage
- $1,408/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Warrnambool price trend
Median sold · House 3 bed
Compound growth +2.7% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Warrnambool marketSide-by-side analysis
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