Savills are pleased to present to market a prime pub offering with an additional accommodation opportunity. For Sale in one line, individually or any combination, the offering consists of the Old Mundulla Hotel, and one set of accommodation facility.Built in 1884 the Old Mundulla Hotel is a unique and enticing country pub. With its stone walls and open fireplaces, this heritage listed pub has old world charm mixed with a vibrant outdoor entertaining area.Situated just 5 minutes from Bordertown, the Mundulla Hotel is a well-known venue, famous for serving its locally sourced red wine as well as the menu predominantly South Australian grown whether it be fresh Coffin Bay Oysters, Cape Jaffa fish of the day, locally grown eye fillet steak or even a JBS lamb rack.The accommodation component consists of a 3-bedroom old style country style cottage, 3 self-contained cabins and a brand new 3 bedroom, 2 bathroom house, all directly opposite the pub. The accommodation is perfectly setup to be utilised by mangers, staff, or outsourced to contractors/ seasonal farm workers or long-term leases. The offerings are well positioned in the thriving regional town of Mundulla which is surrounded by a highly affluent farming and working environment. With a large, combined land size, the range of assets represents immense upside potential, and is perfectly setup of any owner operator or passive investor.The property is for sale by Private Treaty.For further information on this offering or to arrange an inspection, please do not hesitate to contact the exclusive sales agents. RLA 1786
The size of Mundulla is approximately 102.6 square kilometres. The population of Mundulla in 2011 was 675 people. By 2016 the population was 408 showing a population decline of 39.6% in the area during that time. The predominant age group in Mundulla is 50-59 years. Households in Mundulla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mundulla work in a managers occupation. In 2011, 84.4% of the homes in Mundulla were owner-occupied compared with 83% in 2016.
Mundulla has 454 properties. Over the last 5 years, Houses in Mundulla have seen a 124.25% increase in median value, while Units have seen a 90.60% increase. As at 31 August 2024:
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