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Overview
Located in a commanding position on one of Warrnambool's most prominent corner sites, 49 Kepler Street presents a boutique mixed-use commercial asset. This property comprises multiple tenancies including a motel, office spaces, and café establishments, offering a diverse income stream and significant investment potential.
The site occupies a substantial landholding of approximately 1,943 square meters, with buildings benefiting from dual street frontages on both Timor and Kepler Streets. This dual access enhances the property's visibility and accessibility, contributing to its long-term strategic value within the region.
Warrnambool is recognized as one of Victoria's fastest-growing cities, with strong economic and residential growth. The property's proximity to key local amenities such as South West TAFE, Warrnambool Railway Station, and South West Healthcare—the city's largest employer—further adds to its appeal for tenants and investors alike.
The zoning for this property is Commercial 1, allowing for a variety of commercial uses. Current tenancy agreements include:
- Comfort Inn Western, secured under a 5-year lease commencing 1st February 2025.
- Toto Café, also under a 5-year lease starting 1st February 2025.
- Brown McComish, with a 3-year lease beginning 15th April 2025.
Additionally, the first-floor office space spans approximately 319 square meters and is projected to generate an income of $50,000 plus GST, providing further revenue opportunities.
Warrnambool serves as a major regional economic hub with a resident population of around 36,150 people. The city generates an estimated $5.9 billion in annual economic output and has experienced a 45% increase in median house prices since 2021, reflecting strong demand and growth potential.
As Victoria's largest coastal city, Warrnambool services a wider trade and catchment population exceeding 100,000 residents. The city benefits from consistent year-round tourism, largely driven by its location on the Great Ocean Road, which attracts over 2 million visitors annually. This steady influx of tourists supports local businesses and contributes to the vibrancy and economic resilience of the area.
This mixed-use freehold property offers immediate income with established tenants and future upside potential, making it an attractive opportunity for investors seeking a high-quality commercial asset in a thriving regional city.
Local Market Insights
In Warrnambool, Quiet Listings observed 5 new commercial properties entering the market over the last 30 days, with an average advertised asking price of $1,561,800. The property type mix of listed properties is predominantly Houses at 59%, followed by land (15%), and units (12%). Luke Williams Real Estate was the most active agency monitored, representing 30.8% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Warrnambool VIC 3280
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 319 m² |
Market Insights for Warrnambool VIC 3280
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
