OFF MARKET

4 Woods Point Road
Marysville VIC 3779

Bedrooms: 20
Bathrooms: 11
Car spaces: 23
Land area: 2558m2
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Property Details for 4 Woods Point Rd, Marysville

4 Woods Point Rd, Marysville is a 20 bedroom, 11 bathroom House with 23 parking spaces and was built in 1920. The property has a land size of 2558m2.

Building Type
House
Year Built
1920
Land Size
2558m2
Local Government
Murrindindi
Lot/Plan
2A~E/PP5509

Last Listing description (January 2022)

Circa 1920's "Marysville Tavern at "Crossways" is a significant accommodation, food and beverage complex located in the heart of the popular Marysville tourist village.

As a much loved icon and local landmark, the property is situated at the Steavenson River on the intersection of Murchison Street, Buxton-Marysville Road and the Woods Point Road which is the only road access from Marysville to nearby Lake Mountain Alpine Resort.

"Crossways" has had only 4 owners in its century long history. The historic building has undergone significant restoration, is very well maintained and is ready to capitalise on local and burgeoning tourism traffic to the region.

On offer is the corner freehold with a land area of half* an acre (2,500* sqm) with 70* metres main bitumen road exposure along with nearby grassed river frontage and access to parkland and gardens. The main tavern building area of 600* sqm includes:

>> Lobby and reception entrance
>> Large restaurant with seating capacity to 80+
>> Ballroom Bistro' with seating capacity to 60+
>> Separate function room
>> Separate alfresco seating area
>> Gardens and grassed area for summer patronage
>> Exceptionally large functional commercial kitchen
>> Spacious cool room
>> Fully operational bar with beer on tap
>> Manager's 2 bedroom accommodation with separate lounge and kitchen

The "Crossways" property is zoned commercial and holds an on premise' liquor licence for 192 patrons, transferable to the new owner. Additional revenue is driven through a mix of 7 one and two bedroom motel and cottage-style units set amongst the property's delightful garden setting.

Situated in Marysville, gateway to Victoria's high-country, this is a wonderful opportunity to secure a unique revenue generating property with regional lifestyle benefits on a walk-in walk-out' basis.

An astute Investor escaping the city may prefer to purchase as a residence with separate studio accommodation and derive rewards of a future upsurge in tourism.

For further information or to arrange a private inspection please contact Nik Patek on 0409 936 210.

Property History for 4 Woods Point Rd, Marysville, VIC 3779

A timeline of how this property has performed in the market
  • 11 Jul 2020
    Listed for Sale Contact Agent
  • 04 Feb 2016
    Listed for Sale Not Disclosed
  • 15 Nov 2008
    Listed for Sale Not Disclosed
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About Marysville 3779

The size of Marysville is approximately 196.3 square kilometres. It has 9 parks covering nearly 77.6% of total area. The population of Marysville in 2011 was 222 people. By 2016 the population was 387 showing a population growth of 74.3% in the area during that time. The predominant age group in Marysville is 60-69 years. Households in Marysville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marysville work in a managers occupation. In 2011, 89.7% of the homes in Marysville were owner-occupied compared with 78.3% in 2016.

Marysville has 659 properties. Over the last 5 years, Houses in Marysville have seen a 62.60% increase in median value, while Units have seen a 47.11% increase. As at 31 October 2024:

  • The median value for Houses in Marysville is $676,475 while the median value for Units is $470,365.
  • Houses have a median rent of $365.
There are currently 19 properties listed for sale, and no properties listed for rent in Marysville on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Marysville.

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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.