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65 Tarraville Road

Port Albert, VIC 3971, Australia
$950,000
5 bed 3 bath 11 car1614m²

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Area Price Guide
$893,000$1.01m

Indicative price guide range

🏘️
60
Comparable
📊
$450,000
Area median
⚖️
+111%
vs median
📐
$589
Per m²
📏
1614 m²
Land
🗓️
1 week ago
Listed

Property Insights

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About this property

Calling investors or active families eager to establish a thriving business with a live-in opportunity in the picturesque Port Albert, Gippsland. Join like-minded entrepreneurs gearing up for imminent growth. The federal and state governments have aligned on building the first large scale clean renewable energy Energy Project known as the "Star of the South.". This 810-billion-dollar project will see 200 large scale wind farms erected in Bass Strait. The effect on Port Albert will be very favourable for business and accommodation in the region. The Yarram airport is also being upgraded in preparation. Savvy investors are moving now in preparation for the build phase. While Port Albert is also renowned for its weekend influx of avid boaters and the fishing fraternity, the future lies in providing top-notch accommodation, fine dining, and unforgettable experiences in this historically enriched area. 'Gowrie House' offers the most luxurious 5 star accommodation in the region and boasts considerable historical significance. The property features spacious bedrooms (3-4 plus), a potential self-contained apartment, a well-appointed kitchen with Euro Appliances and Granite benchtops, two new period-style bathrooms, and two charming living areas. In addition to the main residence, there is a single-bedroom luxury unit at the rear, and a second, larger unit is available to generate additional income. Gowrie House also features an industrially-sized shed with a high lift door, complete with a gantry. This shed, separate from the accommodation areas of the property, has its own street frontage and a full-sized kitchen and facilities. Lease it separately as there is ample room for guests' vehicles. Whether you aim to derive business investment, live in a B&B, or own a handsome historic home, Gowrie House offers it all, and now at a further adjusted price! Projections on gross earnings are available upon inquiry. Find more information here: https://www.stayz.com.au/holiday-rental/p9426594 This property is available for sale through negotiation with the exclusive agents at Professionals Yarram. The vendors may consider the sale of the adjoining property of 2012 sqm with mature gardens and a nearly new 2-bedroom cottage ('The Hampton') to further enhance this exclusive offering. Contact 0351 146 552 during business hours or 0436 036 646 after hours. The office is open seven days a week

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $4,606/month
    $2,303 /fortnight
    Loan $760,000 at 6.10% over 30 years

    Upfront costs

    Deposit$190,000
    Stamp duty$52,070
    Conveyancing (est.)$2,000
    Total upfront$244,070
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    3
    Parking
    11
    Land Area
    1614m²
    Listed
    1 week ago

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