SOLD
Sold on 09 Nov 2023 for $1,320,000

218 Western Highway
Ararat VIC 3377

Bedrooms: 10
Bathrooms: -
Car spaces: -
Land area: 11700m2
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Property Details for 218 Western Hwy, Ararat

218 Western Hwy, Ararat is a 10 bedroom, 0 bathroom Unit. The property has a land size of 11700m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 10 bedroom Unit sold in Ararat in the last 12 months.

Building Type
Unit
Land Size
11700m2
Local Government
Ararat
Lot/Plan
1/TP243147

Last Listing description (September 2023)

An exciting opportunity presents to purchase a Motel freehold situated on 2.89 acres (approx) with 23 guest rooms, and a 3 bedroom residence on-site.

23 Rooms in varying sizes and layouts consisting of either 1 or 2 rooms each with their own bathroom
3 Bedroom Residence with ensuite, kitchen & lounge all with new carpet and recently painted bathroom & toilet

Large undercover check-in bay with direct access to reception area
Large dining area with bar facilities and Male & Female toilets
2nd large dining area with dance floor, wood fire, shower & toilet
Both dining rooms complete with air conditioning & heating
Squash Court
Sauna Room
Spa Room
Guest laundry facility
Designated bus stop to property

Ideal opportunity to purchase and reopen as a Motel or add to your investment portfolio and lease out to an experienced operator.

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Property History for 218 Western Hwy, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$1,320,000
09 Nov 2023
  • 09 Nov 2023
    Sold for $1,320,000
  • 21 Mar 2023
    Listed for Sale $1,300,000 - $1,400,000 + GST
  • 06 Dec 2021
    Listed for Sale $975,000 - $1,050,000
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About Ararat 3377

The size of Ararat is approximately 161.2 square kilometres. It has 25 parks covering nearly 14.9% of total area. The population of Ararat in 2011 was 8,076 people. By 2016 the population was 8,298 showing a population growth of 2.7% in the area during that time. The predominant age group in Ararat is 50-59 years. Households in Ararat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ararat work in a labourer occupation. In 2011, 70.9% of the homes in Ararat were owner-occupied compared with 68.1% in 2016.

Ararat has 4,701 properties.

    There are currently 46 properties listed for sale, and 15 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Ararat.

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