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305 Timor Street, Warrnambool, VIC 3280
House for Sale

305 Timor Street Warrnambool, VIC 3280

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Property Price Statement
  • 4 Beds
  • 2 Baths

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305 Timor Street, Warrnambool, VIC 3280

House for Sale in Warrnambool

A Truly Unique Investment Opportunity

  • 4 Beds
  • 2 Baths
Next Steps:
Property Price StatementTalk to a mortgage broker

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.

Land:

1,123m² / 0.27 acres

Bedrooms:

4

Bathrooms:

2

Next Steps:
Property Price StatementTalk to a mortgage broker

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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