Key Features:
- Popular community hotel in Murrurundi situated on a prominent corner block (Haydon St/Adelaide St) in the Upper Hunter region of New South Wales.
- Corner allotment - 699sqm block (approximately).
Further scope for visionary operators to increase revenue streams across all areas.
A wonderful opportunity to enter the proven hotel/hospitality industry as an owner operator (or investor) in the growing popular Upper Hunter Region.
Please call Brad Wallace on 0422 844 893 or Rob Darcy on 0409 562 633 for further information and to request a copy of the Information Memorandum
The size of Murrurundi is approximately 73 square kilometres. It has 2 parks covering nearly 3.3% of total area. The population of Murrurundi in 2011 was 847 people. By 2016 the population was 1,011 showing a population growth of 19.4% in the area during that time. The predominant age group in Murrurundi is 60-69 years. Households in Murrurundi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Murrurundi work in a labourer occupation. In 2011, 68.2% of the homes in Murrurundi were owner-occupied compared with 70% in 2016.
Murrurundi has 722 properties. Over the last 5 years, Houses in Murrurundi have seen a 82.63% increase in median value. As at 31 July 2024:
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