OFF MARKET

40 Moule Street
Pine Creek NT 0847

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Property Details for 40 Moule St, Pine Creek

Building Type
Commercial
Local Government
Victoria - Daly

Last Listing description (July 2022)

The Pine Creek Hotel offers a rare opportunity to buy a well- established and locally supported business that has been owned and operated by the same family since 1956! Rich in history itself the hotel is situated in the historical mining town of Pine Creek (225km south of Darwin), the community has gone to great lengths to showcase historical buildings and create a proud and tidy town to welcome tourist and passing travellers. Pine Creek is strategically well placed at the Stuart Hwy turnoff to Kakadu, 60km to the park entrance and 165km to Yellow Water. The Pine Creek Hotel is situated on two titles (the hotel is on one title and the motel on the other). Pine Creek is a lovely community to raise your family, there is a primary school in town and high school kids travel to Katherine by bus. There are several mines looking to reopen in the near future which could offer significant opportunity to the business. (Frances Creek, Mount Todd and Union Reef)

Previously owned by pioneer outback publican Mayse Dowling and featured in the book No Place For A Woman the Pine Creek Hotel is an attraction on its own. This great business comprises of the following:


Bar with beer on tap and tropical beer garden with seating for 100
Great restaurant that can seat 60 number and provides the community with a function facility
Under cover pool table area, great second beer garden
Pokie room with 10 machines and bar
TAB betting area
Caf / lounge area with bar
14 well-appointed motel rooms
Excellent commercial kitchen, large cool rooms and freezes
80kV solar system
Staff accommodation for 8
Modern three bedroom managers flat with outdoor entertainment area
Additional older motel rooms at the rare of the hotel and would make excellent additional accommodation 11 rooms
Situated on just over one acre with manicured gardens at motel and beer garden

Property History for 40 Moule St, Pine Creek, NT 0847

A timeline of how this property has performed in the market
  • 16 Mar 2021
    Listed for Sale Offers Over $1,800,000
  • 26 Sep 2018
    Listed for Sale Price on application
  • 29 Aug 2016
    Listed for Sale Price on application
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About Pine Creek 0847

The size of Pine Creek is approximately 402.1 square kilometres. It has 6 parks covering nearly 0.1% of total area. The population of Pine Creek in 2011 was 380 people. By 2016 the population was 319 showing a population decline of 16.1% in the area during that time. The predominant age group in Pine Creek is 0-9 years. Households in Pine Creek are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pine Creek work in a managers occupation. In 2011, 33.9% of the homes in Pine Creek were owner-occupied compared with 39.3% in 2016..

Pine Creek has 208 properties. Over the last 5 years, Houses in Pine Creek have seen a -31.83% decrease in median value, while Units have seen a 79.41% increase. As at 31 October 2024:

  • The median value for Houses in Pine Creek is $140,819 while the median value for Units is $258,603.
There are currently no properties listed for sale, and no properties listed for rent in Pine creek on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Pine creek.

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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.