OFF MARKET

1-5 Wilson Street
Mystic Park VIC 3579

Bedrooms: 12
Bathrooms: 2
Car spaces: 2
Land area: 47095m2
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Last updated 11 Nov 2024
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Property Details for 1-5 Wilson St, Mystic Park

1-5 Wilson St, Mystic Park is a 12 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 47095m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Land Size
47095m2
Local Government
Gannawarra
Lot/Plan
1/TP193071

Last Listing description (November 2018)

With recent upgrades throughout this amazing old building, now is the time to take the reigns of this Freehold, going concern. This Brilliant Pub located between Kerang & Swan Hill enjoys a bustling trade from nearby Lakes & Caravan parks and is well known by locals for a great feed & a cold beer - proving popular with functions year-round.
Annual revenue is approximately $400,000 plus and potential abounds with hotel accommodation rooms upstairs underutilised. An ideal opportunity for a husband & wife team to take over further develop the business into the future.
The present hotel, a two-storey structure, was built in 1937, The origin of the name is obscure, beginning with the original Mystic Park Hotel (1879) which was opened on the coach run to Swan Hill. The inspiration for the hotel's name may have been the publican's affection for horse-racing, as there was a Mystic Park race track in Massachusetts, USA, until about 1900.

Property History for 1-5 Wilson St, Mystic Park, VIC 3579

A timeline of how this property has performed in the market
Last Sold
$350,000
30 Nov 2018
  • 30 Nov 2018
    Sold for $350,000
  • 25 Jun 2018
    Listed for Sale $495,000 + S.A.V
  • 27 Nov 2017
    Listed for Sale $450,000 + S.A.V
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About Mystic Park 3579

The size of Mystic Park is approximately 99.9 square kilometres. It has 3 parks covering nearly 28.6% of total area. The population of Mystic Park in 2011 was 184 people. By 2016 the population was 196 showing a population growth of 6.5% in the area during that time. The predominant age group in Mystic Park is 50-59 years. Households in Mystic Park are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Mystic Park work in a trades occupation. In 2011, 90.8% of the homes in Mystic Park were owner-occupied compared with 93.9% in 2016.

Mystic Park has 156 properties. Over the last 5 years, Houses in Mystic Park have seen a 113.23% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mystic Park is $283,760.
There are currently 7 properties listed for sale, and no properties listed for rent in Mystic park on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Mystic park.

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