The Manangatang Hotel/Motel is for sale providing an opportunity for a vibrant family or energetic couple to enjoy the rewards of running their own business.
Situated in the prosperous farming district of North/West Victoria the Hotel is a family pub and well patronised by locals, visitors to the area and transport drivers. The Hotel has a reputation for great food and a friendly atmosphere.
The Hotel features a large front bar, walk in bottle shop, dining room, beer garden, updated kitchen and 6 pub style motel rooms. Renovations and maintenance are ongoing and a new solar system has been installed. A four bedroom residence and separate bungalow provides a living area or managers residence.
Situated on a large 2961m2 corner allotment on the main street with room to expand or develop. This establishment has a 10K weekly turnover with potential to strengthen.
The size of Manangatang is approximately 448 square kilometres. It has 1 park covering nearly 2.6% of total area. The population of Manangatang in 2011 was 479 people. By 2016 the population was 299 showing a population decline of 37.6% in the area during that time. The predominant age group in Manangatang is 50-59 years. Households in Manangatang are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Manangatang work in a managers occupation. In 2011, 75.1% of the homes in Manangatang were owner-occupied compared with 76.7% in 2016.
Manangatang has 270 properties. Over the last 5 years, Houses in Manangatang have seen a 151.04% increase in median value. As at 31 October 2024:
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