FOR SALE
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86-88 Railway Place
Elmore VIC 3558

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 500m2
Land area: 2405m2
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FREEHOLD PUB WITH ADDITIONAL OPTIONS ( ACCOMMODATION / RESIDENCE / CAFE OR OTHER BUSINESS ADVENTURE - STCA)

Phone enquiries - please quote property ID 32885.
Exceptional opportunity for aspiring publicans or seasoned Hotel/Pub professionals! Alternatively, a huge amount of space and retail frontage for your business adventure (STCA)!!!
Presenting The Railway Hotel - an enticing opportunity for those with a passion for the hospitality industry. This freehold property, currently non-operational but fully prepared for immediate activation, comes with a wealth of features that make it a must-not-miss investment. The sale includes the freehold property, a transferable general Liquor Licence (subject to LCV), a Business name and all equipment and furniture, providing a turnkey solution for your venture.
Alternatively, make this historical Railway Hotel into another business adventure - Restaurant - Cafe - Retail Shop - Furniture Shop - The list goes on.
FREEHOLD PROPERTY DETAILS:-
* Property Type: Business - Tourist & Leisure Services
* Zone: Township Zone
* Land Size: 2405m2
* Land Use: Pub/Tavern/Restaurant/Nightclub
* Construction: Brick & Cladding
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Property Details for 86-88 Railway Pl, Elmore

Building Type
Commercial
Floor Size
500m2
Land Size
2405m2

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About Elmore 3558

The size of Elmore is approximately 135.3 square kilometres. It has 2 parks covering nearly 0.4% of total area. The population of Elmore in 2011 was 669 people. By 2016 the population was 774 showing a population growth of 15.7% in the area during that time. The predominant age group in Elmore is 60-69 years. Households in Elmore are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elmore work in a managers occupation. In 2011, 78.8% of the homes in Elmore were owner-occupied compared with 76.7% in 2016.

Elmore has 601 properties. Over the last 5 years, Houses in Elmore have seen a 62.35% increase in median value, while Units have seen a -89.94% decrease. As at 30 November 2024:

  • The median value for Houses in Elmore is $357,881 while the median value for Units is $175,506.
  • Houses have a median rent of $228.
There are currently 16 properties listed for sale, and no properties listed for rent in Elmore on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Elmore.

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