OFF MARKET

1/38 Loch Valley Road
Noojee VIC 3833

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 413762m2
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Property Details for 1/38 Loch Valley Rd, Noojee

Building Type
Commercial
Land Size
413762m2
Local Government
Baw Baw
Lot/Plan
24B/PP3318

Last Listing description (September 2020)

Outstanding opportunity to purchase iconic and well respected Noojee Freehold and Business. Being offered for sale for only the second time in over 17 years The Outpost Retreat / Toolshed Pub is a local landmark. Occupying 110 acres, (including 7.5acres extensive Latrobe River lease) and two road frontages, the property is superbly positioned within the Noojee township.
The property incorporates a restaurant (The Outpost Retreat), a pub (The Toolshed), four (4) on site cabins, a four (4) bedroom dwelling, shedding, spring fed dams and all contained in a majestic bush and river setting. The dining venues are renowned and respected for their delicious and award-winning Chicken Parmas as well as a delectable menu and refreshing beverages. Quite simply, a well-known icon that is consistently patronized by locals and travelers from afar.
The business has continued to grow and prosper over recent years and further growth is available to the new owner who wants to expand the restaurant sector of the business, increase operational hours, add to existing cottage accommodation and undertake increased promotion of the business and the area.

Centrally located in Noojee with over 100 on site car parking spaces, this magnificent 110 acre rural holding has approximately 70 acres clear and the balance natural bush with majestic gum and specimen trees. This property is quite simply a beautiful natural hideaway.
All enquiries regarding the sale of the Freehold and Business are to be made directly to the Selling Agents; Quirk Real Estate Pty Ltd 66 Queen Street, Warragul.

Property History for 1/38 Loch Valley Rd, Noojee, VIC 3833

A timeline of how this property has performed in the market
Last Sold
$1,280,000
15 Jun 2021
  • 15 Jun 2021
    Sold for $1,280,000
  • 05 Dec 2019
    Listed for Sale Not Disclosed
  • 01 Sep 2016
    Sold for $1,050,000
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About Noojee 3833

The size of Noojee is approximately 134.4 square kilometres. It has 4 parks covering nearly 83.5% of total area. The population of Noojee in 2011 was 280 people. By 2016 the population was 160 showing a population decline of 42.9% in the area during that time. The predominant age group in Noojee is 50-59 years. Households in Noojee are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Noojee work in a managers occupation. In 2011, 82.3% of the homes in Noojee were owner-occupied compared with 95.2% in 2016.

Noojee has 246 properties. Over the last 5 years, Houses in Noojee have seen a 76.29% increase in median value, while Units have seen a -30.50% decrease. As at 31 August 2024:

  • The median value for Houses in Noojee is $435,193 while the median value for Units is $97,870.
There are currently 7 properties listed for sale, and no properties listed for rent in Noojee on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Noojee.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.