'The Nott' - Opportunity Awaits - First time offered since 1936!
John H Castran Pty Ltd are pleased to offer For Sale by expressions of interest closing 21st November 2012 at 5pm, the Notting Hill Hotel - 'The Nott' - located at 260-262 Ferntree Gully Road, Notting Hill.
Offered for the first time since 1936 and located in the heartland of the eastern suburbs and drawing extensive trade from Monash University and surrounding business estates, this is one of Melbourne's most iconic hotels and one of the longest held hotels in Australia.
The size of Notting Hill is approximately 1.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Notting Hill in 2011 was 2,161 people. By 2016 the population was 3,041 showing a population growth of 40.7% in the area during that time. The predominant age group in Notting Hill is 20-29 years. Households in Notting Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Notting Hill work in a professional occupation. In 2011, 50.8% of the homes in Notting Hill were owner-occupied compared with 41% in 2016.
Notting Hill has 2,210 properties. Over the last 5 years, Houses in Notting Hill have seen a 10.03% increase in median value, while Units have seen a 0.98% increase. As at 31 October 2024:
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