91-109 Main Neerim RoadNeerim South VIC 3831
Property Details for 91-109 Main Neerim Rd, Neerim South
Last Listing description (February 2014)
The Kings Arms Hotel
- West Gippsland leasehold hotel proudly offered for sale
- Boasting loyal local trade and consistent tourist activity in the area
- Consistent weekly turnover with recent sales of $20k-$22k (2012-13)
- Features a large bistro at rear with beautiful valley views and open fire place
- Well maintained commercial kitchen with up to date equipment
- Licensed outdoor beer garden adjacent to front bar with 'Duncans' drive thru bottleshop
- TAB facilities
- 6 motel rooms at rear of property
- 2 bdrm managers residence included with private kitchenette and lounge
- Ample storage space for incoming purchaser
- Wonderful opportunity to purchase a popular and well known country hotel
- Inspect today!
Hotels for sale, pubs for sale, bars for sale, motels for sale, resorts for sale. Connolly Hospitality are specialist hospitality business and property agents based in Melbourne Australia.
www.connollyhospitality.com
www.hotelsmotelsvictoria.com
www.hotelsforsalemelbourne.com
www.pubsforsalemelbourne.com
www.barsforsalemelbourne.com
www.motelsforsalemelbourne.com
Property History for 91-109 Main Neerim Rd, Neerim South, VIC 3831
- 14 Oct 2013Listed for Sale Not Disclosed
- 06 Aug 1983Sold for $350,000
- 28 Feb 1981Sold for $180,000
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About Neerim South 3831
The size of Neerim South is approximately 63.9 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Neerim South in 2011 was 1,193 people. By 2016 the population was 1,302 showing a population growth of 9.1% in the area during that time. The predominant age group in Neerim South is 50-59 years. Households in Neerim South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Neerim South work in a professional occupation. In 2011, 81.5% of the homes in Neerim South were owner-occupied compared with 82.9% in 2016.
Neerim South has 969 properties. Over the last 5 years, Houses in Neerim South have seen a 49.53% increase in median value, while Units have seen a 56.84% increase. As at 31 October 2024:
- The median value for Houses in Neerim South is $642,961 while the median value for Units is $494,721.
- Houses have a median rent of $490.
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