41-45 Darling StreetWentworth NSW 2648
Property Details for 41-45 Darling St, Wentworth
41-45 Darling St, Wentworth is a 10 bedroom, 9 bathroom Unit with 9 parking spaces. The property has a land size of 1821m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (April 2024)
A very rare opportunity exists to purchase the freehold of the iconic Royal Hotel, located in the beautiful bustling town of Wentworth at the junction of the Murray and Darling rivers.
This property has been held by the current owner for the past seventeen years and shows very good returns from the longstanding leases.
Features include:
- Bistro dining area
- Commercial kitchen
- Drive thru bottle shop
- 8 Motel units and separate managers residence
- Beer garden overlooking the Darling River
- 2 x gaming machines
- Current Lease until 30/06/2022 with the option of a further 5x5x5 years
To add to all these features the Royal Hotel can boast to be the oldest established hotel in Sunraysia.
Property History for 41-45 Darling St, Wentworth, NSW 2648
- 02 Aug 2021Listed for Sale Price Upon Application
- 12 Jun 2016Sold
- 24 Oct 2003Sold for $520,000
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About Wentworth 2648
The size of Wentworth is approximately 1,621.9 square kilometres. It has 12 parks covering nearly 0.1% of total area. The population of Wentworth in 2011 was 1,247 people. By 2016 the population was 1,435 showing a population growth of 15.1% in the area during that time. The predominant age group in Wentworth is 60-69 years. Households in Wentworth are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Wentworth work in a managers occupation. In 2011, 66.3% of the homes in Wentworth were owner-occupied compared with 64.5% in 2016.
Wentworth has 1,149 properties. Over the last 5 years, Houses in Wentworth have seen a 64.87% increase in median value, while Units have seen a 54.37% increase. As at 31 October 2024:
- The median value for Houses in Wentworth is $313,751 while the median value for Units is $237,377.
- Houses have a median rent of $315 while Units have a median rent of $270.
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