88-116 Bromley RoadRobinvale VIC 3549
Property Details for 88-116 Bromley Rd, Robinvale
Last Listing description (September 2017)
- Ideal family or partnership business
- Refurbished 14 room motel, new 3 bedroom managers residence, new swimming pool.
- New 30 + seat restaurant - tavern - bar/ outdoor
- Can operate restaurant - tavern bar independent to motel
- Located on main entry to booming horticultural town next to main shopping precinct
$385,000 Lease or $850,000 freehold
Property History for 88-116 Bromley Rd, Robinvale, VIC 3549
- 16 May 2024Sold for $312,500
- 19 Nov 2019Sold for $140,000
- 18 Mar 2016Listed for Sale 465000 +
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About Robinvale 3549
The size of Robinvale is approximately 72.9 square kilometres. It has 11 parks covering nearly 55.2% of total area. The population of Robinvale in 2011 was 2,134 people. By 2016 the population was 3,103 showing a population growth of 45.4% in the area during that time. The predominant age group in Robinvale is 0-9 years. Households in Robinvale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Robinvale work in a labourer occupation. In 2011, 48.4% of the homes in Robinvale were owner-occupied compared with 56.1% in 2016.
Robinvale has 1,577 properties. Over the last 5 years, Houses in Robinvale have seen a 67.62% increase in median value, while Units have seen a 45.45% increase. As at 31 October 2024:
- The median value for Houses in Robinvale is $362,234 while the median value for Units is $387,384.
- Houses have a median rent of $215.
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