OFF MARKET

1591 Snow Road
Milawa VIC 3678

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2262m2
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Property Details for 1591 Snow Rd, Milawa

Building Type
Commercial
Land Size
2262m2
Local Government
Wangaratta
Lot/Plan
2/TP1470

Last Listing description (September 2022)

- New 5 year lease from 31.3.2022 with 5 x 5 year options
- Single storey building featuring bar, bistro, alfresco and drive through bottle shop
- Located in the beautiful King Valley amongst renowned wineries and reception venues

- Supported by locals, day trippers and holiday makers
- Close to the city of Wangaratta and the snow fields
- Potential to construct accommodation (STCA)
- Lot 2 on Title Plan 001470T

Attractive investment with multiple customer demographic

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Property History for 1591 Snow Rd, Milawa, VIC 3678

A timeline of how this property has performed in the market
Last Sold
$1,225,000
27 Sep 2022
  • 27 Sep 2022
    Sold for $1,225,000
  • 15 Aug 2022
    Listed for Sale SOLD - $1,225,000
  • 22 Oct 2021
    Sold for $970,000

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About Milawa 3678

The size of Milawa is approximately 67 square kilometres. The population of Milawa in 2011 was 591 people. By 2016 the population was 587 showing a population decline of 0.7% in the area during that time. The predominant age group in Milawa is 50-59 years. Households in Milawa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Milawa work in a managers occupation. In 2011, 84.1% of the homes in Milawa were owner-occupied compared with 84.4% in 2016..

Milawa has 312 properties. Over the last 5 years, Houses in Milawa have seen a 56.14% increase in median value. As at 31 August 2024:

  • The median value for Houses in Milawa is $767,006 while the median value for Units is $357,263.
  • Houses have a median rent of $320.
There are currently 1 property listed for sale, and 1 property listed for rent in Milawa on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Milawa.

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