SOLD
Sold on 20 Aug 2024 for $700,000

44-48 Campbell Street
Birchip VIC 3483

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 17051m2
Save

Property Details for 44-48 Campbell St, Birchip

Building Type
Commercial
Land Size
17051m2
Local Government
Buloke
Lot/Plan
1/TP130276

Last Listing description (November 2023)

Development Potential Plus!

VIC Freehold Motel & Caravan Park For Sale.

This is your chance to write a new chapter in your career!

The Birchip Motel and Caravan Park is like the hub centre in this quaint country town.

Offering a diverse complex with a service station providing stable income, a great platform for future growth. The only fuel stop in the town serving diesel, unleaded and gas.

There is a strong appetite for all interest in caravan parks (and more permanent living) currently being experienced throughout nearby regional areas and bigger cities across Australia.

With a little bit of TLC, this property could result in much better revenue.

The most appealing part of this operation is the ability (subject to appropriate local body consents) to add value to an already successful business which is showing strong growth.

Develop the land at the back and in front with additional units or further develop the RV and Caravan sites. The choice is yours.

Birchip is a town in Mallee region of Victoria on the Sunraysia Highway north of Donald. The township falls under Shire of Buloke Local government and has an approx. population of 694. Well-connected and only approx. 218kms rom Ballarat and approx. 120kms from Horsham.

Agriculture is the main profession for the locals and is famous for Mallee Bulls, Mali Heart Street, Australia's best Vanilla Slice and Tchum Lake also serves as weekend getaway for many visitors.

The property sits on approx. 3.85 acres and is just a short walk to the town centre and is well supported by nearby hotels, Cafes, bakery and supermarket.

Key Features:

* The property is spread across 3 titles - total area approx. 17,051m2 (1.71ha)
* 20 x powered sites
* Unpowered sites
* 7 x cabins (6 with En-suite)
* 5 x motel style units (minimum occupancy of 58% year-round).
* 2 x bedroom owner's accommodation
* Spare flat land for adding more cabins or motel style units (STCA)
* Small kiosk and takeaway food compliments the fuel sales
* Potential to expand on kiosk
* Additional shed for maintenance, tools and storage facilities
* Ample parking for all vehicle types
* Service station - Open from 7am to 9pm
* Only laundromat in town - open to the public also
* Storage capacity underground
* Combined fuel sales of over $1.4 million with approx. 1 million litres
consumption

Don`t miss this one. Inspect with confidence.

Contact Kamal Sharma at MHB direct on 0417 008 672 for more information.

Property History for 44-48 Campbell St, Birchip, VIC 3483

A timeline of how this property has performed in the market
Last Sold
$700,000
20 Aug 2024
  • 20 Aug 2024
    Sold for $700,000
  • 24 Nov 2023
    Listed for Sale Freehold Going Concern - $1,100,000
  • 17 Jul 2009
    Sold for $130,000

Commute Calculator

About Birchip 3483

The size of Birchip is approximately 114.4 square kilometres. It has 3 parks covering nearly 0.9% of total area. The population of Birchip in 2011 was 662 people. By 2016 the population was 727 showing a population growth of 9.8% in the area during that time. The predominant age group in Birchip is 60-69 years. Households in Birchip are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Birchip work in a managers occupation. In 2011, 73.7% of the homes in Birchip were owner-occupied compared with 74.4% in 2016.

Birchip has 533 properties. Over the last 5 years, Houses in Birchip have seen a 79.59% increase in median value, while Units have seen a -16.02% decrease. As at 31 October 2024:

  • The median value for Houses in Birchip is $174,510 while the median value for Units is $491,618.
There are currently 3 properties listed for sale, and no properties listed for rent in Birchip on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Birchip.

Suburb Insights for Birchip 3483

Market Insights
Birchip Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Birchip Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.