48 Cromie StreetRupanyup VIC 3388
Property Details for 48 Cromie St, Rupanyup
Last Listing description (September 2021)
Located in the progressive Wimmera township of Rupanyup at the gateway to the renowned Silo Art Trail this substantial freehold property and business offers an astute buyer the opportunity to be part of a welcoming rural community and to enhance the existing accommodation business with the re-introduction of meals and bar trade filling a void not currently available in the town.
To be sold on a 'walk in - walk out' basis with a current liquor licence this extensive freehold premises comprises a functional main bar with adjoining lounge bar and bistro meals area, separate dining room/ function room, 6 accommodation rooms styled for immediate letting, on-site family residence, commercial kitchen and back of house service facilities.
Further opportunities to develop the accommodation business with the renovation of 5 additional 'workmans' rooms or developing the 2189m2 site to include townhouses or units (STCA) to support the growing tourist demand and future sand mining requirements.
For full details and inspections contact the listing agent.
https://www.aussietowns.com.au/town/rupanyup
https://yarriambiack.vic.gov.au/tourism/silo-art-trail/
https://commercialhotelrupanyup.com.au/
Property History for 48 Cromie St, Rupanyup, VIC 3388
- 10 Aug 2021Sold for $318,000
- 05 Jun 2021Listed for Sale $380,000 Negotiable
- 04 Dec 2019Sold for $145,000
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About Rupanyup 3388
The size of Rupanyup is approximately 430.1 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Rupanyup in 2011 was 549 people. By 2016 the population was 530 showing a population decline of 3.5% in the area during that time. The predominant age group in Rupanyup is 50-59 years. Households in Rupanyup are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Rupanyup work in a managers occupation. In 2011, 88.7% of the homes in Rupanyup were owner-occupied compared with 83.2% in 2016.
Rupanyup has 471 properties. Over the last 5 years, Houses in Rupanyup have seen a 92.84% increase in median value, while Units have seen a 1.55% increase. As at 31 October 2024:
- The median value for Houses in Rupanyup is $196,818 while the median value for Units is $179,021.
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