OFF MARKET

35 Milthorpe Street
Oaklands NSW 2646

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3035m2
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Property Details for 35 Milthorpe St, Oaklands

Building Type
Commercial
Land Size
3035m2
Local Government
Federation
Lot/Plan
3/A/DP3728

Last Listing description (May 2023)

EXCLUSIVE TO MHB

Here is your opportunity to acquire the only Hotel within a rich farming region in the Riverina District!

Offering a brand new 20 year lease with good terms direct from the owner.

Built in 1906 and brimming with character and charm, the Oaklands Hotel is without competition as the only hotel in town.

Perfectly positioned on the main thoroughfare, this iconic venue features a popular public bar, spacious bistro and dining areas, lounge and function rooms, an outdoor beer garden, large backyard, and ample parking space for patrons.

14 hotel style accommodation rooms and a large, renovated family residence with 2 bedrooms, kitchen, dining room, bathroom, private yard, and a double bay carport completes this attractive package.

The Oaklands hotel is the heartbeat of this rural village setting and is well supported by strong local and sporting communities.

The nearby grain transport depot also attracts a great deal of workers in need of accommodation.

Key Features:

* Only Hotel in town in prominent location
* Brand new 20 year lease - $500 + GST per week rent
* Multiple income streams across food, beverage & accommodation
* Popular public bar with spacious bistro & dining
* Lounge and function rooms
* Total of 14 hotel style accommodation rooms
* Outdoor beer garden & large backyard
* Spacious, renovated 2 x bedroom family residence with private yard
* Packed full of development potential

This is a terrific entry level leasehold hotel offering.

Well suited for the business operator seeking a tree change!

Contact Dan McDonald at MHB direct on 0437 838 368 to arrange an inspection of this terrific property.

Property History for 35 Milthorpe St, Oaklands, NSW 2646

A timeline of how this property has performed in the market
Last Sold
$190,000
17 Jun 2015
  • 10 Mar 2023
    Listed for Sale Leasehold - $45,000
  • 13 Apr 2022
    Listed for Sale Freehold Going Concern - $475,000
  • 27 Aug 2019
    Sold
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About Oaklands 2646

The size of Oaklands is approximately 599.2 square kilometres. It has 3 parks. The population of Oaklands in 2011 was 239 people. By 2016 the population was 364 showing a population growth of 52.3% in the area during that time. The predominant age group in Oaklands is 50-59 years. Households in Oaklands are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Oaklands work in a managers occupation. In 2011, 76.9% of the homes in Oaklands were owner-occupied compared with 67.4% in 2016.

Oaklands has 417 properties. Over the last 5 years, Houses in Oaklands have seen a 30.71% increase in median value. As at 31 October 2024:

  • The median value for Houses in Oaklands is $183,674 while the median value for Units is $241,471.
There are currently 6 properties listed for sale, and no properties listed for rent in Oaklands on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Oaklands.

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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.