OFF MARKET

115 High Street
Avoca VIC 3467

Bedrooms: 9
Bathrooms: 5
Car spaces: -
Floor area: 500m2
Land area: 2900m2
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Property Details for 115 High St, Avoca

115 High St, Avoca is a 9 bedroom, 5 bathroom House and was built in 1872. The property has a land size of 2900m2 and floor size of 500m2. While the property is not currently for sale or for rent, it was last sold in December 2009.

Building Type
House
Year Built
1872
Floor Size
500m2
Land Size
2900m2
Local Government
Pyrenees
Lot/Plan
1/TP374974

Last Listing description (January 2024)

Standing grand in the main st of Avoca over 2 levels and sprawling on just over 2900sqm of land The Avoca Hotel offers an outstanding opportunity to Investors or Owner operators to enjoy the very best lifestyle in the fast-growing Pyrenees a region known for its wineries is also becoming a destination for tourism and weekenders.
The 2019 3AW Pub of the year, Trip advisor Hall of Fame inductee and Golden Plate award for best overall dining in the state of Victoria are only some of the Multi awards won by this establishment that is well supported by not only locals but patronage from surrounding towns Maryborough, Ballarat, Stawell to name a few and metropolitan Melbourne who enjoy not only the high-class Beer/Wine list on offer but award-winning meals.
The current drive of the hotel comes from Food & Beverage streams, but there are so many more potential revenue streams that the footprint will allow for -namely Accommodation and Events.

Ground Floor comprises of the Central Bar, Main Dining room 60 seated and open fire Lounge, Private standalone Dining room with its own waiting room for pre drinks, Commercial kitchen, Commercial storage, Female/Male toilets, Cold storage, Wine storage, Games room and there is further street level seating to enjoy an Ale and meal. A dedicated Basement cellar and cool room for kegging
The Grand staircase leads to 11 Bedrooms of which 3 open to large Balcony with views, 4 Bathrooms, an oversized function/conference room with its own kitchen, toilets and open fireplace- the upper level has all the makings for Hotel Accommodation (STCA) along with a dedicated function/conference facility offers untapped revenue streams.
There is also a residence to the rear of the building comprising of ground floor open plan living and Dining with an open fireplace, located upstairs oversized bedroom, ensuite and walk in Robe- This also has the possibility to be utilized as a Bed n Breakfast with its own entrance should the owners wish to not take up residence on site.
Externally the landscape offers to the rear of the building outside dinning in a relaxed and tranquil setting ideal for an outside function complete with the historical barn and Avoca river views. The Hotel also has onsite parking for convenience for patrons & Guests.

A private inspection will capture its beauty, surrounds and the lifestyle on offer. Freehold for sale with a lease in place

Property History for 115 High St, Avoca, VIC 3467

A timeline of how this property has performed in the market
Last Sold
$344,000
09 Dec 2009
Listed for Rent
21 Sep 2016
  • 13 Sep 2019
    Listed for Sale Not Disclosed
  • 06 Mar 2019
    Listed for Sale Not Disclosed
  • 20 Jun 2016
    Listed for Rent - Price not available
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About Avoca 3467

The size of Avoca is approximately 102.5 square kilometres. It has 3 parks covering nearly 17.8% of total area. The population of Avoca in 2011 was 1,263 people. By 2016 the population was 1,172 showing a population decline of 7.2% in the area during that time. The predominant age group in Avoca is 60-69 years. Households in Avoca are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Avoca work in a managers occupation. In 2011, 74% of the homes in Avoca were owner-occupied compared with 77.2% in 2016.

Avoca has 922 properties. Over the last 5 years, Houses in Avoca have seen a 71.33% increase in median value, while Units have seen a -14.48% decrease. As at 30 September 2024:

  • The median value for Houses in Avoca is $359,176 while the median value for Units is $307,777.
  • Houses have a median rent of $330.
There are currently 29 properties listed for sale, and 1 property listed for rent in Avoca on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Avoca.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.