85 Lewis StreetPort Welshpool VIC 3965
Property Details for 85 Lewis St, Port Welshpool
Last Listing description (January 2022)
Very rarely will you get an opportunity to purchase such a unique building on such a large block in this popular location of Port Welshpool.
Endless opportunities present themselves with this property, located in the heart of town within stone throw of the water, offering fantastic views of Corner Inlet and Wilsons Prom..
Built on a corner allotment approximately 4000m2 and zoned Township Zone, currently being ran as a hotel, the current owner is retiring. Being sold with all the current fixtures and fittings that would make it an ease to continue the business, you could simply just take over without any fuss.
At the rear of the property is approximately 2000m2 of vacant land that also offers many options like further accommodation which would be STCA.
Property History for 85 Lewis St, Port Welshpool, VIC 3965
- 01 Dec 2023Sold for $935,000
- 13 Jan 2022Sold for $700,000
- 27 Sep 2021Listed for Sale $1,090,000 plus GST if applicable
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About Port Welshpool 3965
The size of Port Welshpool is approximately 8.8 square kilometres. It has 1 park covering nearly 3.4% of total area. The population of Port Welshpool in 2011 was 181 people. By 2016 the population was 197 showing a population growth of 8.8% in the area during that time. The predominant age group in Port Welshpool is 70-79 years. Households in Port Welshpool are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Port Welshpool work in a labourer occupation. In 2011, 88.1% of the homes in Port Welshpool were owner-occupied compared with 87.2% in 2016.
Port Welshpool has 348 properties. Over the last 5 years, Houses in Port Welshpool have seen a 64.30% increase in median value, while Units have seen a 1.86% increase. As at 30 September 2024:
- The median value for Houses in Port Welshpool is $479,334 while the median value for Units is $533,711.
- Houses have a median rent of $250.
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