Colliers is proud to act as exclusive agent for the freehold sale of The Hagen Arms Hotel, Echunga.
Offered with vacant possession, The Hagen Arms Hotel is recognised as the crown jewel of Echunga, perfectly situated on the corner of Angus and Church Hill Roads, located in the heart of the Adelaide Hills. The pub is being sold with the adjacent parcel of land at 2 Angus Road, providing an additional 2,514sqm* of developable land.
The charming hotel comprises a two-level local heritage building of approximately 400 sqm, which has been extensively refurbished, with additional upside to create a first-floor function space. The total offering provides a significant landholding of over 4,000 sqm* with valuable on and off-site car parking available.
The Hagen Arms Hotel and 2 Angus Road are offered for sale in one line, Walk in-Walk out and are For Sale by Private Treaty.
*approx
The size of Echunga is approximately 28.6 square kilometres. It has 5 parks covering nearly 2.1% of total area. The population of Echunga in 2011 was 1,049 people. By 2016 the population was 1,096 showing a population growth of 4.5% in the area during that time. The predominant age group in Echunga is 50-59 years. Households in Echunga are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Echunga work in a professional occupation. In 2011, 81.9% of the homes in Echunga were owner-occupied compared with 83.3% in 2016.
Echunga has 603 properties. Over the last 5 years, Houses in Echunga have seen a 81.92% increase in median value. As at 31 October 2024:
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