SOLD
Sold on 09 Oct 2024 for $470,000

24 Main Street
Culgoa VIC 3530

Bedrooms: 11
Bathrooms: 10
Car spaces: -
Land area: 4026m2
Sold By
forsalebyowner.com.au
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Property Details for 24 Main St, Culgoa

Building Type
Commercial
Land Size
4026m2
Local Government
Buloke
Lot/Plan
3~C/PP5216

Last Listing description (September 2024)

A Wonderful atmosphere is created here with timber lined ceilings, exposed solid brick walls, fabulous timber bar & near new floor coverings etc throughout... This fabulous charm & character filled solid brick well maintained & refurbished 2 storey hotel offers a sensational opportunity for a husband/wife team to purchase this most attractive property and reap the benefits of running a well patronised country pub. Offers a Bistro, Front Bar, a Commercial Kitchen fully fitted with near new appliances, upstairs has 9 bedrooms, updated toilets/bathrooms plus a 1 bedroom suite for the owners to reside in complete with full bathroom/toilet etc. All fixtures & fittings are in great order throughout and remain with the property , all this and more situated on approx. 4026m2 (1 Acre). Extras include covered verandahs upstairs and down, 3 bay shed with concrete floor, 3 phase power 15 amp, work benches & cabinets, 28kw of solar panels great savings on electricity, second storage shed, chook shed and goat shed. Adjoining the hotel is an open area offering free caravan camping overlooking the animal compound which houses miniature goats (very friendly and they love a pat - a very popular attraction with the caravanners and campers etc. (Refer to Wiki Camps comments and see just how popular Kaneira Hotel is) There is also a greenhouse which is used to produce fresh home grown vegies for the hotel. Perfect for a husband/wife team - trading approx. 6 hours per day (could be more if desired). Well located between Melbourne & Mildura and close to many attractions that the Mallee has to offer.

Property History for 24 Main St, Culgoa, VIC 3530

A timeline of how this property has performed in the market
Last Sold
$470,000
09 Oct 2024
  • 09 Oct 2024
    Sold for $470,000
  • 13 May 2024
    Listed for Sale $549,000
  • 19 Aug 2023
    Listed for Sale OFFERS OVER $569,000
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About Culgoa 3530

The size of Culgoa is approximately 162 square kilometres. It has 1 park. The population of Culgoa in 2011 was 337 people. By 2016 the population was 91 showing a population decline of 73.0% in the area during that time. The predominant age group in Culgoa is 60-69 years. Households in Culgoa are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Culgoa work in a managers occupation. In 2011, 83.4% of the homes in Culgoa were owner-occupied compared with 79.6% in 2016..

Culgoa has 128 properties. Over the last 5 years, Houses in Culgoa have seen a 46.39% increase in median value. As at 31 October 2024:

  • The median value for Houses in Culgoa is $188,320 while the median value for Units is $418,168.
There are currently 3 properties listed for sale, and no properties listed for rent in Culgoa on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Culgoa.

Suburb Insights for Culgoa 3530

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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.