84 Railway PlaceElmore VIC 3558
Property Details for 84 Railway Pl, Elmore
Last Listing description (February 2022)
A famous landmark building operating as a hotel. Freehold opportunity and all hotel equipment is included in the sale. Chattels list to come.
The Building - Built in 1880, the grand Shamrock Hotel has seen many changes over the years and has been beautifully restored by the current owner who has been serving locals and visitors for nearly 20 years. With some thoughtful touches and beautiful designs throughout, the hotel offers a relaxing environment inside and out. With a tasteful bar and dining area patrons can enjoy the quiet surrounds and appreciate the history the building offers. Outside is a well laid out entertaining area/beer garden to enjoy the sunshine. Upstairs offers 8 bedrooms and restored verandah. Having been repaired, restored and loved there is little more to do to finish this magnificent building. Features include open fireplaces, a restored original bar floor, original staircase, wooden ceilings throughout and a balcony with timber floor and iron lacework. Dual street access, bottle shop drive through, large lock up historical shed.
The Opportunity - The current owner has treated the business as a lifestyle choice and the opportunities are wide open for an astute buyer. Aside from the possible business benefits, imagine waking up in this building every day. You can expand the conference, catering, accommodation and reception side of things to make a healthy profit margin.
About Elmore - Elmore was established in 1864. Located between Echuca and Bendigo on the main highway that connects Echuca and Melbourne it attracts many stop over travellers. Fast becoming a satellite town people are discovering the benefits of small town country living with the benefit of a drive to bigger centres. The Campaspe river meanders adjacent to the township and there are a host of events in and around Elmore each year such as the famous Elmore field days.
If you are ready to start enjoying life and making that move for business or lifestyle then now is the time to secure this tightly held freehold. A truly unique chance to own history and expand the business to suit your needs. Contact Alastair Lias for more information or inspection for qualified interested parties. Price is plus GST if applicable.
https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 84 Railway Pl, Elmore, VIC 3558
- 17 Sep 2021Sold for $570,000
- 01 Nov 2020Listed for Sale Price Adjusted $595,000
- 28 Nov 2014Listed for Sale $595,000
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0About Elmore 3558
The size of Elmore is approximately 135.3 square kilometres. It has 2 parks covering nearly 0.4% of total area. The population of Elmore in 2011 was 669 people. By 2016 the population was 774 showing a population growth of 15.7% in the area during that time. The predominant age group in Elmore is 60-69 years. Households in Elmore are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elmore work in a managers occupation. In 2011, 78.8% of the homes in Elmore were owner-occupied compared with 76.7% in 2016.
Elmore has 600 properties. Over the last 5 years, Houses in Elmore have seen a 49.51% increase in median value, while Units have seen a -80.23% decrease. As at 31 October 2024:
- The median value for Houses in Elmore is $340,339 while the median value for Units is $188,715.
- Houses have a median rent of $228.
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