OFF MARKET

7921 Hamilton Highway
Tarrington VIC 3301

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 2765m2
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Property Details for 7921 Hamilton Hwy, Tarrington

7921 Hamilton Hwy, Tarrington is a 1 bedroom, 1 bathroom House. The property has a land size of 2765m2. While the property is not currently for sale or for rent, it was last sold in May 2009.

Building Type
House
Land Size
2765m2
Local Government
Southern Grampians
Lot/Plan
2/LP115839

Last Listing description (December 2024)

LICENSED CAFE FOR SALE

An exciting opportunity to start your own cafe, restaurant or function venue in country Western Victoria.

This is your chance to buy a perfectly positioned iconic cafe in the stunning Tarrington and Henty Wine Region of Western Victoria. Immerse yourself in the wider community coupled with a lifestyle change, work life balance and an ideal location to live. You really are at the heart of a supportive, vibrant and loyal community.

Cafe Catalpa is located 9kms east of Hamilton, 27kms south-west of Dunkeld, 90kms north-west of Warrnambool and 85kms north of Port Fairy. The Southern Grampians Shire has a population of 16,500 (approx.) and Hamilton is the major regional hub for services and facilities with a current population of 10,000 (approx.) From Tarrington visitors can explore the Grampians National Park via Dunkeld or the Great Ocean Road and historic Port Fairy. Tarrington township with a population of 300 people has a Lutheran coeducational primary school with 140 students and is located 250 metres from Cafe Catalpa.

It has been a family business for almost 20-years. The cafe is a destination point and is a venue where guests would regularly visit for a superb meal with friends or attend a special function. Cafe Catalpa is fully Licensed and has provided good cashflow particularly during COVID due to superb local support of the take-away menu.

The block size is 2,765m2 and provides 225m2 indoor and outdoor (courtyard) dining comfortably seating up to 90 guests. Even greater guest numbers up to 140 guests (standing) for canape functions.

Well sized modern kitchen including large service area which is well suited for food preparation. Equipment includes a 6 burner stove and hotplate gas cooker, fat fryers (electric and gas), dishwasher and drainers, walk-in cool room, display fridges. Full inventory list is available. This kitchen is excellent for food preparation and catering for large functions.

Out buildings - two substantial undercover storage buildings each with garage pit and roller doors. Another free standing weatherproof storage shed (40m2). Ideal for onsite commercial production and Front of House venue.

Important: Leasing Options are available. The Vendors will ensure a smooth transition to new ownership.

Remarks
Tarrington is a rural community combining lifestyle living and high production farming. The sale of Cafe Catalpa provides the opportunity for an enthusiastic purchaser to take the business to a new level and capture a diverse range of income streams. All realistic offers will be considered.

Property History for 7921 Hamilton Hwy, Tarrington, VIC 3301

A timeline of how this property has performed in the market
Last Sold
$320,000
20 May 2009
  • 08 Nov 2024
    Listed for Sale $420,000 to $460,000
  • 26 Apr 2019
    Listed for Sale FOR SALE
  • 20 May 2009
    Sold for $320,000
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About Tarrington 3301

The size of Tarrington is approximately 55.9 square kilometres. The population of Tarrington in 2011 was 451 people. By 2016 the population was 284 showing a population decline of 37.0% in the area during that time. The predominant age group in Tarrington is 60-69 years. Households in Tarrington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tarrington work in a managers occupation. In 2011, 85.5% of the homes in Tarrington were owner-occupied compared with 91.9% in 2016..

Tarrington has 198 properties. Over the last 5 years, Houses in Tarrington have seen a 153.00% increase in median value, while Units have seen a 8.01% increase. As at 30 November 2024:

  • The median value for Houses in Tarrington is $533,840 while the median value for Units is $255,468.
There are currently 3 properties listed for sale, and no properties listed for rent in Tarrington on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Tarrington.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.