FOR SALE
Sale Price Unavailable

655 Princes Way
Drouin West VIC 3818

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6524m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

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.
See More

Property Details for 655 Princes Way, Drouin West

Building Type
Commercial
Land Size
6524m2

Commute Calculator

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 174 properties. Over the last 5 years, Houses in Drouin West have seen a 76.74% increase in median value, while Units have seen a 72.99% increase. As at 31 October 2024:

  • The median value for Houses in Drouin West is $906,386 while the median value for Units is $518,987.
There are currently 3 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.

Drouin West Profile Page

Suburb Insights for Drouin West 3818

Visit Drouin West profile page
Market Insights
Drouin West Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Drouin West Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Drouin West profile page
Contact agent
Dev Sandhu
Show contact details
Call agent
Karan Gill
Show contact details
Call agent
Lifestyle & Acreage Real Estate
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED