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:
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:
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