28-30 Lang St, Mulwala is a 12 bedroom, 6 bathroom House with 7 parking spaces. The property has a land size of 1707m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
This property presents an excellent opportunity to purchase an established accommodation business only moments from Lake Mulwala.
The main residence would appeal to families looking to holiday in the Yarrawonga/Mulwala region with 3 bedrooms including the master with ensuite and walk in robe, large open plan living and a separate lounge opening to a balcony with views of Lake Mulwala. Plenty of storage is offered and a low maintenance courtyard and shady alfresco overlook the in-ground pool.
The 4 self-contained and fully-furnished units offer a combined lounge, dining and living, 2 bedrooms and a bathroom/laundry. Each unit also has its own private courtyard and single carport. These units are leased at $80-$180 per night.
The size of Mulwala is approximately 356.7 square kilometres. It has 15 parks covering nearly 4.3% of total area. The population of Mulwala in 2011 was 1,903 people. By 2016 the population was 2,173 showing a population growth of 14.2% in the area during that time. The predominant age group in Mulwala is 60-69 years. Households in Mulwala are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mulwala work in a trades occupation. In 2011, 72.2% of the homes in Mulwala were owner-occupied compared with 72.6% in 2016.
Mulwala has 2,591 properties. Over the last 5 years, Houses in Mulwala have seen a 91.68% increase in median value, while Units have seen a 80.40% increase. As at 31 October 2024:
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