162 Lings RoadButtai NSW 2323
Property Details for 162 Lings Rd, Buttai
162 Lings Rd, Buttai is a 3 bedroom, 3 bathroom House with 4 parking spaces and was built in 1940. The property has a land size of 104300m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (March 2015)
Amazing Restaurant & Function Centre
For over a quarter of a century this venue has been Hunter Valley's Fun place where the locals and visitors like to party with country themed dances, parties, birthdays and a growing wedding market.
Lifestyle business property with a growing restaurant/function market currently doing around 120 functions per year with average turnover of between $12,500-$13,000 pw with impressive forward bookings and high profit margin.
Set on around 10 acres the Buttai Barn Function and party centre has the capacity for up to 300 guests and provides the ideal setting for clients seeking the unique country within easy access to the growing Newcastle/Hunter population areas.
Control your own destiny - Enjoy the lifestyle and cash flow today and for the capital gains when it is time to move on.
Plenty of room to build your own home (STCA) and enjoy the best of both worlds.
Ready for a new exciting business and lifestyle change?
For further information contact Con Tastzidis on 0403 118830
Property History for 162 Lings Rd, Buttai, NSW 2323
- 27 Feb 2020Sold for $1,050,000
- 28 Nov 2014Sold for $750,000
- 07 Oct 2012Listed for Sale Not Disclosed
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See more recent sales nearbyAbout Buttai 2323
The size of Buttai is approximately 7.1 square kilometres. It has 1 park. The population of Buttai in 2011 was 655 people. By 2016 the population was 31 showing a population decline of 95.3% in the area during that time. The predominant age group in Buttai is 10-19 years. Households in Buttai are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Buttai work in a professional occupation. In 2011, 85.8% of the homes in Buttai were owner-occupied compared with 70.6% in 2016..
Buttai has 28 properties. Over the last 5 years, Houses in Buttai have seen a 28.35% increase in median value. As at 31 July 2024:
- The median value for Houses in Buttai is $1,350,166.
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