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655 Princes Way
Drouin West VIC 3818

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6524m2
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Robinhood Circa 1870: Step Back in Time in Drouin West

Property Overview:
Investment Opportunity: Robinhood Circa 1870 (Robinhood Pub), Drouin West, Victoria
Presenting a unique opportunity to own a piece of Drouin's rich history, Robinhood Circa 1870 (formerly Robinhood Pub) offers a compelling investment with both historical charm and modern functionality. Fully leased and generating strong financial returns, this iconic property is an ideal choice for discerning investors seeking a reliable and high-performing asset.
Key Features:
Premium Freehold Investment: This exceptional property offers a high-income tenant and secure long-term lease, providing an attractive, stable return.
Leased Investment: With an annual income of $148,850 plus GST, this property delivers a dependable cash flow. The lease includes a 3% annual rent increase, ensuring steady growth in rental income year after year.
Bistro Bar: At the heart of the property, the Bistro Bar combines a welcoming atmosphere with a fusion of classic and contemporary cuisine. Offering a curated selection of fine beverages, it has become a favorite for both locals and visitors.
Function Room: A versatile and sophisticated space suitable for a variety of events—from corporate meetings to private celebrations. Modern facilities and stylish design make this a popular venue for both business and social gatherings.
Café: The on-site café offers freshly brewed coffee, light meals, and pastries in a relaxed, inviting setting. It serves as a cozy retreat for locals and visitors alike, enhancing the overall appeal of the property.
Accommodation: The property includes ten well-appointed motel rooms, blending historical charm with modern amenities. These rooms cater to both short-term and long-term stays, providing comfort and convenience for all guests.
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Property Details for 655 Princes Way, Drouin West

Building Type
Commercial
Land Size
6524m2

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About Drouin West 3818

The size of Drouin West is approximately 23.7 square kilometres. The population of Drouin West in 2011 was 364 people. By 2016 the population was 338 showing a population decline of 7.1% in the area during that time. The predominant age group in Drouin West is 50-59 years. Households in Drouin West are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Drouin West work in a managers occupation. In 2011, 87.8% of the homes in Drouin West were owner-occupied compared with 88.9% in 2016..

Drouin West has 175 properties. Over the last 5 years, Houses in Drouin West have seen a 99.27% increase in median value, while Units have seen a 72.99% increase. As at 30 November 2024:

  • The median value for Houses in Drouin West is $1,022,210 while the median value for Units is $518,987.
There are currently 5 properties listed for sale, and no properties listed for rent in Drouin west on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Drouin west.

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