Wheatsheaf Hotel, Price - Freehold Investment (Business Available)
An opportunity to purchase a freehold hotel on the Yorke Peninsula. Surrounded by fertile farming country and established and developing mining operations. Yorke Peninsula is also becoming more and more popular with holiday makers.
The business of this hotel is also available giving a rare freehold and business opportunity.
The size of Price is approximately 70.5 square kilometres. It has 1 park covering nearly 15.7% of total area. The population of Price in 2011 was 471 people. By 2016 the population was 178 showing a population decline of 62.2% in the area during that time. The predominant age group in Price is 60-69 years. Households in Price are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Price work in a machinery operators and drivers occupation. In 2011, 77.7% of the homes in Price were owner-occupied compared with 94% in 2016.
Price has 201 properties. Over the last 5 years, Houses in Price have seen a 135.75% increase in median value. As at 31 October 2024:
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