FREEHOLD, BUSINESS, PLANT & EQUIPMENT, GOODWILL & GENERAL LICENCE
Outstanding opportunity to purchase the only hotel in the historic Goldfields town of Talbot. The hotel features renovated large public bar and bistro, 6 Motel units plus 3 bedroom residence. Offering country lifestyle this traditional rural pub has loads of potential and provides the perfect opportunity for the buyer who has ever aspired to own their own hotel.
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The size of Talbot is approximately 32.5 square kilometres. It has 2 parks covering nearly 11.2% of total area. The population of Talbot in 2011 was 714 people. By 2016 the population was 439 showing a population decline of 38.5% in the area during that time. The predominant age group in Talbot is 50-59 years. Households in Talbot are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Talbot work in a labourer occupation. In 2011, 86.4% of the homes in Talbot were owner-occupied compared with 77.9% in 2016.
Talbot has 451 properties. Over the last 5 years, Houses in Talbot have seen a 100.97% increase in median value, while Units have seen a -16.72% decrease. As at 31 October 2024:
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