OFF MARKET

237 Great Alpine Road
Harrietville VIC 3741

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3315m2
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Property Details for 237 Great Alpine Rd, Harrietville

Building Type
Commercial
Land Size
3315m2
Local Government
Alpine
Lot/Plan
3~D/PP5367

Last Listing description (June 2023)

CBRE Hotels are pleased to announce the upcoming Expressions of Interest campaign of the Freehold and Business of the Snowline Hotel & Motel in Harrietville.

The Snowline is positioned in the tourism epicentre of Bright, Harrietville and Porepunkah where both population and visitation have increased significantly in the last two years.


Investment highlights include:
Very attractive return on investment, north of 15%
Strong & reliable mix of trade from Food & Beverage, Accommodation and Events/Functions
Central island bar servicing large dining section and front bar
Generous outdoor deck/verandah areas and beer garden
16 motel rooms with good parking on site
General licence up to 1am
Large land area and red line of 3,315sqm* (almost an acre in the heart of town)
Amazing location in one of Victoria's fastest growing year round tourism destinations
Closest off mountain accommodation to Mount Hotham in winter and only 20 mins from the growing tourism mecca of Bright, the area hosts over of 50,000 visitors in January and other peak times.
Enjoy running one of the most iconic country pubs in the High Country with plenty of scope and space to develop additional attractions ie Brewery/Caf/Roastery/Ski Hire/Retail STCA


The domestic tourism sector is going from strength to strength and the Pub Market is proof of a resilient sector.

Please let us know if you would like to receive more detailed information or arrange an inspection.

We look forward to discussing this opportunity with you.

Property History for 237 Great Alpine Rd, Harrietville, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$2,190,000
22 Sep 2022
Listed for Rent
$2.88k/w
06 Jul 2021
  • 22 Sep 2022
    Sold for $2,190,000
  • 07 Jun 2022
    Listed for Sale Contact Agent
  • 26 Apr 2022
    Listed for Sale $2,000,000
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About Harrietville 3741

The size of Harrietville is approximately 117 square kilometres. It has 1 park covering nearly 28.5% of total area. The population of Harrietville in 2011 was 403 people. By 2016 the population was 350 showing a population decline of 13.2% in the area during that time. The predominant age group in Harrietville is 50-59 years. Households in Harrietville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Harrietville work in a managers occupation. In 2011, 72.9% of the homes in Harrietville were owner-occupied compared with 73.6% in 2016.

Harrietville has 314 properties. Over the last 5 years, Houses in Harrietville have seen a 113.69% increase in median value. As at 31 October 2024:

  • The median value for Houses in Harrietville is $1,142,380 while the median value for Units is $453,704.
  • Houses have a median rent of $265.
There are currently no properties listed for sale, and 2 properties listed for rent in Harrietville on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Harrietville.

Suburb Insights for Harrietville 3741

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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.