6193 Murray Valley HighwayKoetong VIC 3704
Property Details for 6193 Murray Valley Hwy, Koetong
Last Listing description (July 2020)
Historic Murray Valley Highway hotel, within easy driving distance from Albury Wodonga in the spectacular North East high country. Features main bar, dining area/lounge, meeting room, full commercial kitchen, owners flat, plus 2 guest rooms one has kitchenette and bathroom - and outside camping areas and shaded BBQ area/beer garden, and much more. Hotel has great atmosphere and previously recorded strong trading figures but with further utilization of free camping areas and live entertainment, opportunity knocks! Great lifestyle opportunity. NB Hotel ceased trading December 2018, and hoteliers licence surrendered. Leased residence currently returns approx. $500 weekly.
Freehold Property $280,000
Annual rates approx. $2,232.
Enquiries Peter Campbell 0412 694069, 1300 267289
Property History for 6193 Murray Valley Hwy, Koetong, VIC 3704
- 28 Jul 2019Listed for Sale $280,000
- 14 Feb 2019Sold for $425,000
- 16 Nov 2018Listed for Sale SOLD
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About Koetong 3704
The size of Koetong is approximately 165.9 square kilometres. It has 3 parks covering nearly 60.9% of total area. The population of Koetong in 2011 was 413 people. By 2016 the population was 18 showing a population decline of 95.6% in the area during that time. The predominant age group in Koetong is 40-49 years. Households in Koetong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koetong work in a trades occupation. In 2011, 82.3% of the homes in Koetong were owner-occupied compared with 75% in 2016..
Koetong has 50 properties. Over the last 5 years, Houses in Koetong have seen a -2.70% decrease in median value. As at 31 October 2024:
- The median value for Houses in Koetong is $624,197.
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