OFF MARKET

Mahonga Road
Rand NSW 2642

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3579m2
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Property Details for Lot C Mahonga Rd, Rand

Building Type
Commercial
Land Size
3579m2
Local Government
Federation
Lot/Plan
C/DP313024

Last Listing description (May 2019)

EXCLUSIVE TO CRE BROKERS
NSW Freehold Hotel and Post Office Business For Sale
Motivated Vendor!

Currently run under management.
Located in the Riverina district of New South Wales the Rand Hotel was originally built in 1926 and benefits greatly from being the only Hotel in the region.
Featuring multiple income streams with a public bar, bistro / kitchen (currently only open Friday`s & Saturday`s), lounge, beer garden, ample parking, good signage and 8 x lettable Hotel style rooms.
Set on a total of approx. 3,579 m2 of land.
The business also operates as a local Post Office, sub- newsagency & convenience store.
The Hotel & Post Office businesses show good trade history and have scope for further improvements and development with hands on operators.
Contact Ian McDonald at CRE Brokers to view this terrific property today.

Property History for Lot C Mahonga Rd, Rand, NSW 2642

A timeline of how this property has performed in the market
Last Sold
$179,990
28 Feb 2022
  • 28 Feb 2022
    Sold for $179,990
  • 01 Nov 2018
    Listed for Sale FHGC - $250,000
  • 26 Jun 2015
    Sold for $135,000
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About Rand 2642

The size of Rand is approximately 418.7 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Rand in 2011 was 575 people. By 2016 the population was 214 showing a population decline of 62.8% in the area during that time. The predominant age group in Rand is 0-9 years. Households in Rand are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Rand work in a managers occupation. In 2011, 83.2% of the homes in Rand were owner-occupied compared with 79.5% in 2016.

Rand has 223 properties. Over the last 5 years, Houses in Rand have seen a 61.90% increase in median value. As at 31 August 2024:

  • The median value for Houses in Rand is $180,730 while the median value for Units is $335,551.
There are currently 1 property listed for sale, and no properties listed for rent in Rand on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Rand.

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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.