OFF MARKET

95 Lind Avenue
Dargo VIC 3862

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 5739m2
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Property Details for 95 Lind Ave, Dargo

Building Type
Commercial
Year Built
2011
Land Size
5739m2
Local Government
Wellington
Lot/Plan
5/PS613296

Last Listing description (August 2017)

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.

If you are looking for a tree change, this freehold & business presents a great opportunity. If you would like to arrange an inspection or require further information and trading details please contact John Robinson from Elders Real Estate on 0407 358195 anytime.

Property History for 95 Lind Ave, Dargo, VIC 3862

A timeline of how this property has performed in the market
Last Sold
$600,000
09 Oct 2017
  • 09 Oct 2017
    Sold for $600,000
  • 05 Dec 2015
    Listed for Sale $650,000
  • 01 Aug 2009
    Transferred
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About Dargo 3862

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 230 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:

  • The median value for Houses in Dargo is $643,844 while the median value for Units is $205,604.
There are currently 4 properties listed for sale, and no properties listed for rent in Dargo on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Dargo.

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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.