25 Perkins StreetJamieson VIC 3723
Property Details for 25 Perkins St, Jamieson
Last Listing description (October 2019)
VIC Hotel Motel Investment for Sale.
The Courthouse Hotel is a great country pub set in the Victorian high country. A hotel has stood on the existing land for over 125 years with the existing hotel built in the 1980's and the motel in the 1960's.
Located 2.5 hours from Melbourne it is situated in a vibrant tourist area, close to Mount Buller and Lake Eildon.
Being the only hotel in town it has minimal competition and the capacity for future growth.
The Courthouse Hotel is of solid brick construction and is in good condition. The hotel/motel features a large public bar with over the counter bottleshop, 150 seat bistro, commercial kitchen and 21 trading motel rooms of various configurations.
The astute investor will appreciate this low risk investment opportunity.
All reasonable offers will be considered by the Vendor.
Please contact Ian McDonald at CRE Brokers for further information.
Property History for 25 Perkins St, Jamieson, VIC 3723
- 28 Nov 2022Sold for $1,000,000
- 02 Feb 2017Listed for Sale Not Disclosed
- 30 Jul 2012Sold for $580,000
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0About Jamieson 3723
The size of Jamieson is approximately 152.5 square kilometres. It has 2 parks covering nearly 68.7% of total area. The population of Jamieson in 2011 was 384 people. By 2016 the population was 295 showing a population decline of 23.2% in the area during that time. The predominant age group in Jamieson is 60-69 years. Households in Jamieson are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Jamieson work in a managers occupation. In 2011, 85.5% of the homes in Jamieson were owner-occupied compared with 87.5% in 2016.
Jamieson has 518 properties. Over the last 5 years, Houses in Jamieson have seen a 102.30% increase in median value. As at 31 October 2024:
- The median value for Houses in Jamieson is $620,547 while the median value for Units is $434,271.
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