Owned and operated for 22 years the current owners have realised it is time to move on. Yes, it is still operating and has a current liquor licence*. The Railway Hotel Murchison East freehold is up for Auction on a walk in walk out basis. The property has two titles, the Pub on 2,600m2 and a block at the rear of 4,047m2. The classic main bar includes a pool room and serves into the 16m x 6m main lounge and also can be opened into the ladies lounge with cosy open fire place. The central kitchen with coolrooms needs a bit of love and attention but is operational. To complete the down stairs is a separate travelers lounge. Upstairs are 7 bedrooms, two bathrooms and access to the north facing balcony. If you have ever wanted to own your own country pub here is an opportunity to get into that market or if you have a unique business opportunity and require a great freehold in central Victoria. *(Liquor License subject to transfer)
The size of Murchison East is approximately 29.1 square kilometres. It has 1 park covering nearly 2.2% of total area. The population of Murchison East in 2011 was 1,046 people. By 2016 the population was 131 showing a population decline of 87.5% in the area during that time. The predominant age group in Murchison East is 60-69 years. Households in Murchison East are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Murchison East work in a managers occupation. In 2011, 78.2% of the homes in Murchison East were owner-occupied compared with 74.1% in 2016..
Murchison East has 112 properties. Over the last 5 years, Houses in Murchison East have seen a 65.85% increase in median value. As at 31 October 2024:
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