OFF MARKET

7784 Murray Valley Highway
Koyuga VIC 3622

Bedrooms: 6
Bathrooms: 6
Car spaces: -
Land area: 80937m2
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Property Details for 7784 Murray Valley Hwy, Koyuga

Building Type
Land
Land Size
80937m2
Local Government
Campaspe
Lot/Plan
2B~B/PP2834

Last Listing description (October 2024)

Iconic Country Hotel Motel in River Country - Business & Freehold Going Concern

The "Falcon" is amongst a strong farming community, where the handshake's stronger and the smile lasts longer. Part of the popular tourist area of Echuca Moama and offers an ideal opportunity to live and operate a business offering all facilities including 5 motel rooms and private quarters.
This well presented hotel/motel that has been well maintained and upgraded with the latest equipment. There's not a cent to spend on this property, and is easily run by a couple or family for a profitable operation. The Falcon Hotel - Motel is part of the famous Pub Crawl with other hotels in the area and gets plenty of thirsty travellers dropping in to quench their thirst.

Major features include:
- Freehold & Business included in the sale
- Major highway frontage
- Front bar & pool room
- Open fireplace
- Outstanding flexible dining facilities in a bistro, front bar, function room and beer garden
- 5 motel rooms
- Disability access
- Excellent spacious beer garden with sound stage
- Private 2 bedroom/2 bathroom managers quarters
- Full commercial kitchen
- Located on 20 acres
- Perfect destination for the RV Market (STCA) already well Treed
- Solar panel array
- Courtesy bus
- Walk -in -walk-out plus stock at valuation
- Supported by local Services Clubs
- Over 3000 Facebook followers
- Genuine reason for sale

Take advantage of the regional tourism uplift experience in this well-known Murray River region.

Property History for 7784 Murray Valley Hwy, Koyuga, VIC 3622

A timeline of how this property has performed in the market
Last Sold
$500,000
08 Feb 2021
  • 05 Sep 2024
    Listed for Sale $1,100,000- $1,250,000
  • 08 Feb 2021
    Sold for $500,000
  • 18 Dec 2020
    Listed for Sale $540,000-$590,000
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About Koyuga 3622

The size of Koyuga is approximately 93.7 square kilometres. It has 1 park covering nearly 1.6% of total area. The population of Koyuga in 2011 was 328 people. By 2016 the population was 306 showing a population decline of 6.7% in the area during that time. The predominant age group in Koyuga is 60-69 years. Households in Koyuga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koyuga work in a managers occupation. In 2011, 83% of the homes in Koyuga were owner-occupied compared with 86.2% in 2016..

Koyuga has 183 properties. Over the last 5 years, Houses in Koyuga have seen a 52.00% increase in median value. As at 30 November 2024:

  • The median value for Houses in Koyuga is $523,557 while the median value for Units is $509,381.
There are currently 1 property listed for sale, and no properties listed for rent in Koyuga on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Koyuga.

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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.