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Multi-unit Property

155 Great Ocean Road

Apollo Bay VIC 3233, Australia

- Parking
140 m² Land size
$410,000 Last sale (1999)
Multi-unit Complex profile

About this commercial property

155 Great Ocean Road is in Apollo Bay, VIC and is presented as a House. The address refers to a multi-unit development set on a land parcel of 140 m² and built around 2002. Indian restaurant operating at street level within the mixed‑use building; listed on Yelp with 3‑star rating Price: $812,000 (low‑confidence estimate) / $490,000 (mid‑range estimate).

The estimated market value per unit is $490,000 and the estimated weekly rent per unit is $510 per week

Key details

Locality
Apollo Bay
State
VIC
Coordinates
38.75470673 / 143.66871547
GNAF PID
GAVIC410770439
Legal parcel ID
CM\PS429181
Remoteness area
Regional
Property type
Commercial
Land size
140 m²
Built
2002
Land Use Category
Commercial

Commercial property information

Masala Bay
Restaurant
Food & Beverage Indian restaurant
Verified at this address

Business listed on Yelp with address matching 155 Great Ocean Rd.

Indian cuisine restaurant serving lunch and dinner.
Opening hours
Monday
12:00‑15:00, 18:00‑22:00
Tuesday
12:00‑15:00, 18:00‑22:00
Wednesday
12:00‑15:00, 18:00‑22:00
Thursday
12:00‑15:00, 18:00‑22:00
Friday
12:00‑15:00, 18:00‑22:00
Saturday
12:00‑15:00, 18:00‑22:00
Sunday
12:00‑15:00, 18:00‑22:00
Reviews

Average rating 3 from over 1 reviews.

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent per unit
$510
Expected property value per unit
$490,000
Estimated yield
5.41%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

Sales figures shown here are for individual units within the property, not the whole site.

EventDatePricePrice per m²
Sale
1 Mar 1999
Sale of the overall parcel (pre‑conversion).
$410,000$2,928

Price per m² based on land size of 140 m².

Property insights

Building profile

  • Indian restaurant operating at street level within the mixed‑use building; listed on Yelp with 3‑star rating Firmania.biz Yellowpages.com.au
  • Built: Built in 2002 (unit 2A)

Property Features

  • Air‑conditioning (reverse‑cycle) Firmania.biz Yellowpages.com.au
  • Dishwasher
  • Ensuite bathroom
  • Carport + 1 car space
  • Roof height ~9 m
  • Ground elevation ~4 m
  • Mixed‑use building with residential house and Masala Bay restaurant: The property combines a 1‑bed, 2‑bath house (built 2002) with a street‑level Indian restaurant, offering both dwelling and commercial income potential

Real Estate Agencies

Ordered by:
Great Ocean Properties - Apollo Bay
0.1 km
Great Ocean Road Real Estate - Apollo Bay
0.3 km
Smyth Real Estate - Apollo Bay
0.1 km

Frequently asked questions

What building-wide details are listed?

155 Great Ocean Road is described with land size of 140 m², built around 2002

Firmania.biz
Which nearby public service is located approximately 0.2 km from the property?

The Apollo Bay Post Office is situated about 0.2 km away

What type of commercial business operates at 155 Great Ocean Road?

The ground‑floor unit is occupied by Masala Bay, an Indian restaurant serving lunch and dinner

Yelp.com Firmania.biz
What are the opening hours of Masala Bay?

Masala Bay is open Monday to Sunday from 12:00 PM to 3:00 PM and again from 6:00 PM to 10:00 PM

Yelp.com
What is the phone number for Masala Bay?

The restaurant can be contacted at (03) 5237 7188

Firmania.biz
What is the population of Apollo Bay according to the latest census?

Apollo Bay had a population of 1,790 at the 2021 census

En.wikipedia.org
Which major tourist road runs past the property?

The property is situated on the Great Ocean Road, the principal coastal thoroughfare through Apollo Bay

En.wikipedia.org
What kind of property is this?

155 Great Ocean Road is listed as House in Apollo Bay, VIC

Firmania.biz

Related profiles

Jump to the related profiles for 155 Great Ocean Road, including the surrounding street and suburb pages.