OFF MARKET

85 Main Street
Koondrook VIC 3580

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1677m2
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Property Details for 85 Main St, Koondrook

Building Type
Commercial
Land Size
1677m2
Local Government
Gannawarra
Lot/Plan
3/PS318593

Last Listing description (August 2008)

ROYAL HOTEL
LOCATED ON THE BANKS OF THE MURRAY RIVER, THIS ONE PUB TOWN CATERS FOR A STRONG TOURIST TRADE AND THIRSTY LOCALS.
CONSISTING OF BAR AND BISTRO WITH BEER GARDEN, EXCELLENT LICENSEE RESIDENCE AND FURTHER TOURIST ACCOMADATION.

TURN OVER OF $500,000 PA APPROX SHOWING A HEALTHY NET PROFIT ($115,000 PA) RENT OF $790 PER WEEK (PLUS GST)
JIM HOGAN 0418995530
ADRIAN GALLAGHER 0413 491 103

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Property History for 85 Main St, Koondrook, VIC 3580

A timeline of how this property has performed in the market
Last Sold
$110,000
02 Sep 1997
  • 17 Apr 2008
    Listed for Sale POA
  • 02 Sep 1997
    Sold for $110,000
  • 26 Jun 1996
    Sold for $75,000
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About Koondrook 3580

The size of Koondrook is approximately 59.2 square kilometres. It has 5 parks covering nearly 26.9% of total area. The population of Koondrook in 2011 was 1,094 people. By 2016 the population was 995 showing a population decline of 9.0% in the area during that time. The predominant age group in Koondrook is 60-69 years. Households in Koondrook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koondrook work in a labourer occupation. In 2011, 79.2% of the homes in Koondrook were owner-occupied compared with 77.3% in 2016.

Koondrook has 745 properties. Over the last 5 years, Houses in Koondrook have seen a 104.53% increase in median value. As at 31 October 2024:

  • The median value for Houses in Koondrook is $401,566 while the median value for Units is $282,858.
There are currently 5 properties listed for sale, and no properties listed for rent in Koondrook on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Koondrook.

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