What a wonderful lifestyle and business opportunity in the beautiful Victorian High Country town of Dargo. The Dargo Motor Inn is well situated in the main street of the town offering to tourists and business travellers comfortable well appointed accommodation units. Combine this with a spacious large 3 bedroom home at the rear and you have the perfect package giving a comfortable return and a relaxed lifestyle.
The motel accommodation consists of 8 units varying from twin/queen beds, queen a single bed up to a full apartment with lounge and full cooking facilities. There is a storage room & a gift shop, both of which could be turned into two more units as they both have full ensuite facilities & were originally units 9 & 10. Units 7 & 8 have an interconnecting door which could accommodate two families sharing the lounge/kitchen of Unit 8. A large covered reception area allows clients check in under cover.
The 24 square residence is way beyond what you would normally expect with a motel. It offers spacious open living area with built in bar, combustion fire and a split system air conditioner. Although the current owners place continental breakfasts in rooms as required, the house has a large commercial kitchen should you wish to serve hot breakfasts. There is also a large walk in pantry off the kitchen. The master bedroom has separate ensuite and walk in robe. There are two more bedrooms, main bathroom plus an office. The motel reception area is also part of the residence which means you don't have to leave the house to check clients in. A large double garage & workshop falls under the roofline of the house.
The size of Dargo is approximately 998.4 square kilometres. It has 5 parks covering nearly 58.9% of total area. The population of Dargo in 2011 was 146 people. By 2016 the population was 72 showing a population decline of 50.7% in the area during that time. The predominant age group in Dargo is 60-69 years. Households in Dargo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dargo work in a managers occupation. In 2011, 80.9% of the homes in Dargo were owner-occupied compared with 80.4% in 2016..
Dargo has 228 properties. Over the last 5 years, Houses in Dargo have seen a 69.88% increase in median value, while Units have seen a 54.34% increase. As at 31 October 2024:
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