HOTEL FREEHOLD
FREEHOLD INVESTMENT $340,000
SITUATED IN VICTORIA'S WESTERN DISTRICT THIS HOTEL IS PROMINENTLY LOCATED ON THE PRINCES HIGHWAY APPROX 30 MINUTES DRIVE FROM THE CITY OF WARNAMBOOL AND APPROX 3 HOURS DRIVE FROM MELBOURNE. THE HOTEL HAS CONTINUOUSLY OPERATED FOR OVER 80 YEARS AND SERVICES IN THE MAIN THE STRONG LOCAL FARMING COMMUNITY.
The size of Panmure is approximately 86.4 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Panmure in 2011 was 272 people. By 2016 the population was 405 showing a population growth of 48.9% in the area during that time. The predominant age group in Panmure is 50-59 years. Households in Panmure are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Panmure work in a managers occupation. In 2011, 73.1% of the homes in Panmure were owner-occupied compared with 76.7% in 2016.
Panmure has 268 properties. Over the last 5 years, Houses in Panmure have seen a 104.11% increase in median value. As at 31 August 2024:
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