17 Mitchell StreetAvenel VIC 3664
Property Details for 17 Mitchell St, Avenel
Last Listing description (October 2023)
Offers are invited for the separate freehold and business interests with the hotel for sale as a "going concern".
Substantial 2 storey building situated in a growth area approximately 1.5 hours from Melbourne.
The recently renovated premises comprises a rural themed public bar, bar lounge and games room, bistro dining areas, well equipped commercial kitchen, attractive beer garden, proprietor's large residence on the first floor. The hotel also has a craft brewery. The present licensee will provide instruction regarding the brewery operation (if required).
Prominent corner block of approximately 3,000 square metres.
Prospective purchasers are to offer separate amounts in respect of both the freehold and the business interests which may then be subject to negotiation with the respective vendors.
This is a rare opportunity to acquire a hotel which has rarely come onto the market. It will suit buyers in the vicinity of $1,000,000.
For further details and inspections by appointment please contact Warren Young 0407 042 407.
Property History for 17 Mitchell St, Avenel, VIC 3664
- 20 Dec 2023Sold for $700,000
- 23 Mar 2023Listed for Sale Suit buyer in the vicinity of $1m
- 04 Sep 2004Sold for $300,000
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/oono3bgru4i63h53yfo5dqmfhy?signature=493767aad631c52a312ce31d01747f4c29a3a10c01eb7828259fd3297299e140){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0About Avenel 3664
The size of Avenel is approximately 205.7 square kilometres. It has 3 parks covering nearly 0.2% of total area. The population of Avenel in 2011 was 1,047 people. By 2016 the population was 1,052 showing a population growth of 0.5% in the area during that time. The predominant age group in Avenel is 60-69 years. Households in Avenel are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Avenel work in a labourer occupation. In 2011, 77.2% of the homes in Avenel were owner-occupied compared with 78% in 2016.
Avenel has 859 properties. Over the last 5 years, Houses in Avenel have seen a 55.94% increase in median value. As at 31 October 2024:
- The median value for Houses in Avenel is $608,596 while the median value for Units is $443,870.
- Houses have a median rent of $463.
Suburb Insights for Avenel 3664
Market Insights
Avenel Trends for Houses
N/A
N/A
View TrendN/A
N/A
Avenel Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
