In the heart of the Mitta Valley, sits one of Victoria's best kept secrets, the Mitta Pub at 5557 Omeo Highway, Mitta Mitta. On behalf of Stean Nicholls Real Estate, Kristian Hopwood is proud to present to the market an outstanding freehold investment.
This freehold investment opportunity is on the market with a strong lease in place. The business is a fully licensed pub and hotel and can host up to 300 people, utilising their newly renovated indoor and outdoor dining and function area.
The Freehold Interest in the Mitta Pub is offered for sale via Expressions of Interest closing Friday 3 December at 5:00pm AEDT.
For further information please contact Stean Nicholls, the exclusive selling agent:
Kristian Hopwood | +61 473 888 821 | kristian@steannicholls.com.au
Geoff Stean | +61 413 888 788 | geoff@steannicholls.com.au
As per Victorian Government guidelines, open for inspections are permitted for fully vaccinated prospective purchasers only.
If you don't wish to share your vaccination status with the Agent or are not fully vaccinated, please phone the Agent to arrange a private appointment only.
The size of Mitta Mitta is approximately 782.4 square kilometres. It has 6 parks covering nearly 76.9% of total area. The population of Mitta Mitta in 2011 was 218 people. By 2016 the population was 164 showing a population decline of 24.8% in the area during that time. The predominant age group in Mitta Mitta is 60-69 years. Households in Mitta Mitta are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Mitta Mitta work in a managers occupation. In 2011, 79.5% of the homes in Mitta Mitta were owner-occupied compared with 76.2% in 2016..
Mitta Mitta has 198 properties. Over the last 5 years, Houses in Mitta Mitta have seen a 119.59% increase in median value. As at 30 September 2024:
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