84-88 Godfrey StreetBoort VIC 3537
Property Details for 84-88 Godfrey St, Boort
Last Listing description (March 2021)
CRE Brokers are delighted to be appointed to market for sale the
Freehold with Vacant Possession opportunity of the Railway Hotel, Boort
Set on a large 840m2 Township Zoned allotment this large two storey character filled hotel is located on a corner block in the centre of town.
Maintaining it period charm the hotel has retained stained glass windows, pressed steel ceilings and features a large public bar area with easy betting terminal TAB, bistro, lounge, beer garden, and function rooms. The hotel also comprises eight (8) accommodation rooms and a 2 bedroom manager's residence.
The Railway Hotel affords you the possibility of multiple income streams in a strong community that is an up and coming tourist destination.
Excellent opportunity for a new operator to come in and make a new start.
Contact Phil Mammolito 0438371094 to arrange an inspection.
Property History for 84-88 Godfrey St, Boort, VIC 3537
- 24 Feb 2021Sold for $533,500
- 19 Nov 2020Listed for Sale FHVP - $550,000
- 20 Jun 2012Sold for $315,000
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0About Boort 3537
The size of Boort is approximately 255.7 square kilometres. It has 2 parks covering nearly 2.1% of total area. The population of Boort in 2011 was 1,173 people. By 2016 the population was 875 showing a population decline of 25.4% in the area during that time. The predominant age group in Boort is 50-59 years. Households in Boort are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Boort work in a managers occupation. In 2011, 77.7% of the homes in Boort were owner-occupied compared with 75.5% in 2016.
Boort has 646 properties. Over the last 5 years, Houses in Boort have seen a 82.38% increase in median value, while Units have seen a -47.73% decrease. As at 31 October 2024:
- The median value for Houses in Boort is $259,325 while the median value for Units is $207,870.
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