18 Mitchell StreetColbinabbin VIC 3559
Property Details for 18 Mitchell St, Colbinabbin
Last Listing description (October 2023)
Freehold and Business of Regional Significance.
Constructed Circa 1926 Fully Renovated and Extended 2019-2021. Winner of Master Builders Award 2021.
Includes 3 Separate En-suited Motel Guest Rooms.
Two Titles the Hotel is on One Separate Title and the Motel Guest Accommodation is also on a Separate Title.
The Colbinabbin Country Hotel is adjacent to the Colbinabbin Silo Art Precinct, which is an historic celebration of Agriculture, the Colbinabbin Picnic (1800's), tribute to the CFA. The hotel is surrounded by prime agricultural land, and the premium wines in the Heathcote Wine Region are grown at Colbinabbin.
It is rare for a hotel/motel to be offered for sale which is in perfect condition throughout.
Excellent trading figures.
Comprises atmospheric public bar, bistro dining area, brand new kitchen, significant back of house facilities, renovated cellar and upstairs function areas or owner/manager's accommodation.
Significant onsite parking for vehicles, and RV plug in Facility. This well-known icon has a strong reputation and is adored by patrons near and far.
Disclaimer:
All information about the property has been provided to Castran TM Pty Ltd & Seek Property Group Pty Ltd by third parties. Castran TM Pty Ltd & Seek Property Group Pty Ltd has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property
Property History for 18 Mitchell St, Colbinabbin, VIC 3559
- 17 Oct 2023Listed for Sale Contact Agent
- 08 Feb 2018Sold for $243,000
- 11 Mar 2009Sold for $260,000
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About Colbinabbin 3559
The size of Colbinabbin is approximately 126.8 square kilometres. The population of Colbinabbin in 2011 was 295 people. By 2016 the population was 303 showing a population growth of 2.7% in the area during that time. The predominant age group in Colbinabbin is 0-9 years. Households in Colbinabbin are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Colbinabbin work in a managers occupation. In 2011, 81.3% of the homes in Colbinabbin were owner-occupied compared with 78.8% in 2016..
Colbinabbin has 192 properties. Over the last 5 years, Houses in Colbinabbin have seen a 35.55% increase in median value. As at 30 September 2024:
- The median value for Houses in Colbinabbin is $322,030.
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