Quambatook Hotel is a long established business in a grain growing town in Northern Victoria. Set on a large central block, this is being sold on a walk in walk out basis. The business consists of Bar Trade, Dining room and accommodation. The onsite 5 bedroom 2 bathroom residence is equipped with reverse cycle air conditioning and the property is serviced by a 5 KVA Solar system, commercial kitchen and laundry plus 2 commercial cool rooms. List of inclusions available on request
Priced at $ 190,000
Due diligence checklist- for home and residential property buyers-
The size of Quambatook is approximately 334.9 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Quambatook in 2011 was 360 people. By 2016 the population was 235 showing a population decline of 34.7% in the area during that time. The predominant age group in Quambatook is 50-59 years. Households in Quambatook are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Quambatook work in a managers occupation. In 2011, 77.9% of the homes in Quambatook were owner-occupied compared with 82.9% in 2016.
Quambatook has 270 properties. Over the last 5 years, Houses in Quambatook have seen a 125.23% increase in median value. As at 31 October 2024:
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