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2/129 Skene Street, Warrnambool VIC 3280

Auction

Search Band Search Visibility Band

$591k - $650k Low Confidence Calculated based on limited search observations.

Unit 3 Beds 2 Baths 4 Cars 173 m² 220 m²

Listed: 7 days ago

Overview

Located in a prime central area of Warrnambool, this rarely available unit offers exceptional lifestyle benefits just a short walk from beaches, surf spots, and a vibrant dining precinct. Its current operation as a successful Airbnb highlights its strong income potential and turn-key nature, making it an appealing investment, holiday retreat, or residence for those who value convenience and character.

Spanning approximately 214 square metres of internal living space across multiple levels, the property provides a surprisingly spacious and versatile layout without the burden of extensive maintenance. It incorporates ample storage and an impressive four-car garage, while the modest land footprint eliminates the need for garden upkeep, ideal for busy owners or downsizers.

Distinctive, original design details give the home unique charm and warmth. Features such as retro Collingwood tiles, a Port Fairy bluestone basin, solid farm Redgum vanities, and historic architectural elements like church French doors, salvaged timbers, and bridge beams create an artisanal atmosphere rich with character.

The flexible design accommodates up to four bedrooms or alternatively two living areas and a study, supporting various lifestyle requirements. A standout feature is the custom excavated lower-level room, engineered with high-quality double glazing and acoustic insulation, suitable for a home cinema, music room, or secure storage – enhancing the property's functionality and appeal.

Potential expansion plans include transforming the garage roof into a large entertaining deck and easy bathroom enhancements, supported by pre-installed structural beams.
Overall, this property combines size, style, and location with genuine character, catering well to urban professionals, families, or those seeking an investment with strong holiday rental credentials.

Note: The upstairs living room ceiling fan is excluded from the sale.

Local Market Insights

In Warrnambool, Quiet Listings observed 5 new units entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $460,200. The property type mix of listed properties is predominantly Houses at 59%, followed by land (12%), and units (10%). The most active agency for units in the Warrnambool area is currently Ray White, representing 80% of new listings, followed by Ludeman Real Estate with 20%. 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.