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237 Illowa Road
Illowa VIC 3282
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Sold on 22 Dec 2023

237 Illowa Road Illowa VIC 3282

  • Rural / Farming
  • 11.74 ha
  • Sold

"High View" - Horse Complex & Accommodation with Stunning Ocean Views

    OCEAN VIEWS & 3 INCOME GENERATING BUSINESSES - 29 Ac / 11.7Ha

    Breathtaking & spectacular ocean and rural views situated in coastal country 8 km west of Warrnambool.
    Perfectly positioned, modern 3 bedroom brick home capturing simply outstanding ocean, wetland & rural views.
    Income generating fully equipped undercover equine complex (75m x 31m) includes Olympic sized riding arena plus 22 horse boxes.
    Income-generating accommodation - recently renovated pet-friendly family cottages (2 x 2 brm) and The Lodge (up to 12 people).
    Income-generating existing horse agistment with subdivision of approx. 20 paddocks - Ideal healthy & fertile horse country.

    Numerous options for other uses (STCA) including home based light industry trades, commercial storage and more. Excellent all weather heavy vehicle access, 3 phase power connected and high yielding electric bore.

    Property Overview:
    High View offers a unique opportunity combining a fabulous lifestyle with income generation from both the tourism and equine sectors. The property offers unparalleled Ocean, Kellys Wetlands and Tower Hill views, arguably the best between Port Fairy and Warrnambool.

    High View features a modern (circa. 2000), recently updated 3 bedroom brick home boasting panoramic ocean and rural views. The cornerstone of the property is the horse complex (75m x 31m under roof) complete with an Olympic sized indoor riding arena (60mx20m) and 22 horse boxes. High View is the only undercover horse complex in the immediate Warrnambool area. Additionally, the complex is fully equipped for the public with toilets and showers, tack and storage areas and workshop with excellent all weather float and truck access parking.

    High View accommodation provides a strong income stream and whilst there is an inevitable value adding between the equine and accommodation businesses, each operates independently. High View's flagship accommodation are two fully recently renovated 2 bedroom family cottages offering outstanding ocean views. Each cottage can sleep up to 4 people and are pet friendly with dog proof yards at each cottage. The Lodge is budget friendly accommodation and can cater for up to 12 people but also conveniently can be divided into two self-contained units (6 people in each).

    High View comprises of 29 Acres (11.7 HA) of fertile and healthy grey sandy loam soil types over limestone, ideal horse country! It is currently subdivided into approximately 20 purpose fenced small horse paddocks accessed by laneways, ideal for its horse agistment business, a third income stream.

    High View is perfectly positioned within 8km of the regional hub of Warrnambool's CBD with Dennington Shopping Centre 3.5km. The popular seaside resort of Port Fairy and the charming Irish village of Koroit are within easy commuting distances (19km & 9.5km respectively).

    Whilst High View has established equine and accommodation businesses it has great potential for further growth and development. Alternatively, it could be easily adapted for a myriad of other uses and enterprises (STCA) including home based small business, light industry trades, commercial storage and much more, or purely a great place for families or active retirees alike.

    Information Memorandum available upon request from exclusive selling Agents:

    Penny Adamson 0407 600 767
    Nick Adamson 0418 571 589

    Property Highlights

    Date Sold22 Dec 2023
    Floor AreaAsk Agent
    Land Area11.74 ha
    ParkingAsk Agent
    Property ID2017775275
    Category
    Last updated  15 Feb 2024
    Map for 237 Illowa Road Illowa VIC 3282

    Property Highlights

    Date Sold22 Dec 2023
    Floor AreaAsk Agent
    Land Area11.74 ha
    ParkingAsk Agent
    Property ID2017775275
    Category
    Last updated  15 Feb 2024

    Co-Agents

    Nick Adamson
    Charles Stewart Real Estate
    Call
    0418 571 589
    Penny Adamson
    Charles Stewart Real Estate
    Call
    0407 600 767

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