OFF MARKET

1519 Boorhaman Road
Boorhaman VIC 3678

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2905m2
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Property Details for 1519 Boorhaman Rd, Boorhaman

Building Type
Commercial
Land Size
2905m2
Local Government
Wangaratta
Lot/Plan
4/LP143047

Last Listing description (September 2021)

Historic country hotel located just North of Wangaratta, within a short distance to Rutherglen, Albury and Wodonga. Check out the Boorhaman Hotel and Buffalo Brewery - oldest brewery still operating in Victoria. Surrounded by popular tourist regions makes it the perfect destination for travelers seeking country pub hospitality.
The business presents the purchaser with the opportunity to step into a long-established business with a strong local customer base. Enormous opportunity with a pleasing country lifestyle, currently serving food 4 days a week.
The Boorhaman Hotel has a great country pub atmosphere, with consistent trading figures and excellent growth potential. Vast opportunities and possibilities to further enhance this business are boundless for the business minded. This rare opportunity exists to purchase the leasehold of this iconic country pub on an attractive buyer yield. Managers/owners accommodation consist of two bedrooms and two bathrooms conveniently located at the rear of the property. Leasehold being offered on a 5-year lease term with further 5-year options.

This business offers blue sky potential:
-Expansion to the brewery to incorporate tours and tastings.
-Accommodation potential
-Extend existing trading hours
-Extend outdoor seating capacity to accommodate large gatherings, functions, car/bike clubs

Features:
-Iconic country brew pub
-Public Bar
-Bistro with seating for 40 plus
-Kitchen - Updated plant & equipment
-Pool Room
-Large beer garden with covered outdoor area
-Strong local customer base
-Large amount of quality water

Please call to arrange a private inspection and obtain the full details on both leasehold and freehold.

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Property History for 1519 Boorhaman Rd, Boorhaman, VIC 3678

A timeline of how this property has performed in the market
Last Sold
$280,000
28 Jul 2021
  • 28 Jul 2021
    Sold for $280,000
  • 10 Dec 2019
    Listed for Sale $125,000 No GST
  • 19 Sep 2019
    Listed for Sale Contact Agent
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About Boorhaman 3678

The size of Boorhaman is approximately 91.9 square kilometres. It has 3 parks covering nearly 1.6% of total area. The population of Boorhaman in 2011 was 209 people. By 2016 the population was 119 showing a population decline of 43.1% in the area during that time. The predominant age group in Boorhaman is 0-9 years. Households in Boorhaman are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Boorhaman work in a managers occupation. In 2011, 81.7% of the homes in Boorhaman were owner-occupied compared with 72.5% in 2016..

Boorhaman has 104 properties. Over the last 5 years, Houses in Boorhaman have seen a -80.49% decrease in median value. As at 31 August 2024:

  • The median value for Houses in Boorhaman is $867,703.
There are currently 2 properties listed for sale, and no properties listed for rent in Boorhaman on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Boorhaman.

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