49 Main StreetBirregurra VIC 3242
Property Details for 49 Main St, Birregurra
Last Listing description (January 2020)
The Royal Mail Hotel has undergone extensive renovations and presents as one of the finest hotels in the region. Positioned perfectly on the inland route to The Great Ocean Road, the hotel sees a large number tourists pass by its doors all year round.
Comprising of a large public bar, separate bistro, full commercial kitchen, office, store rooms and access to the side courtyard, the hotel has everything needed to entertain patrons.
With a secure lease in place returning $90,000 PA this is a passive investment that ticks all the boxes.
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Property History for 49 Main St, Birregurra, VIC 3242
- 13 Nov 2020Sold for $800,000
- 08 Feb 2019Listed for Sale Not Disclosed
- 08 Feb 2013Sold for $225,000
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About Birregurra 3242
The size of Birregurra is approximately 126.4 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Birregurra in 2011 was 741 people. By 2016 the population was 810 showing a population growth of 9.3% in the area during that time. The predominant age group in Birregurra is 60-69 years. Households in Birregurra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Birregurra work in a managers occupation. In 2011, 82.7% of the homes in Birregurra were owner-occupied compared with 78.6% in 2016.
Birregurra has 717 properties. Over the last 5 years, Houses in Birregurra have seen a 44.29% increase in median value. As at 31 October 2024:
- The median value for Houses in Birregurra is $648,798 while the median value for Units is $449,963.
- Houses have a median rent of $450.
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