245-247 Kiewa Valley HighwayTawonga South VIC 3698
Property Details for 245-247 Kiewa Valley Hwy, Tawonga South
Last Listing description (October 2020)
EXCLUSIVE TO CRE BROKERS
Best Location In Town!
Snowgum Motel
Delightful Freehold country Motel located in the picturesque township of Mount Beauty in Victoria's high country.
Perfectly set amongst beautifully manicured grounds and breath-taking natural surroundings, the Snowgum Motel is just a few minutes' walk to the town centre and a 30 minute drive to Falls Creek and ski fields.
This well maintained Motel was built in 1986 and gives a very good inspection offering many features including:
* 12 beautifully presented rooms with diverse accommodation options
* Large 3 bedroom family residence with private yard
* In-ground swimming pool with sail shade
* Secure parking and ample space for cars and large vehicles
* Relaxing BBQ / picnic area, kids cubby house
* Quiet location with scenic mountain views
* Short walk to shops, restaurants and local tavern
* Very popular with tourists and corporate travellers
* Situated on approx. 1.5 acres of Residential Zoned Land
Consistent trade history with an excellent opportunity for improvement with motivated hands on operators.
If you are looking for lifestyle and a business look no further.
An excellent opportunity awaits a committed buyer to secure this freehold property with tremendous potential to expand and develop further.
Contact Ian McDonald at CRE Brokers to view this appealing Motel.
Property History for 245-247 Kiewa Valley Hwy, Tawonga South, VIC 3698
- 27 Mar 2020Listed for Sale FHGC - $1,300,000
- 08 Feb 2008Sold for $505,000
- 14 Apr 2004Sold for $425,000
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0About Tawonga South 3698
The size of Tawonga South is approximately 48.7 square kilometres. It has 3 parks covering nearly 85.7% of total area. The population of Tawonga South in 2011 was 837 people. By 2016 the population was 857 showing a population growth of 2.4% in the area during that time. The predominant age group in Tawonga South is 60-69 years. Households in Tawonga South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tawonga South work in a managers occupation. In 2011, 81.2% of the homes in Tawonga South were owner-occupied compared with 83.6% in 2016.
Tawonga South has 762 properties. Over the last 5 years, Houses in Tawonga South have seen a 85.61% increase in median value, while Units have seen a 60.54% increase. As at 31 October 2024:
- The median value for Houses in Tawonga South is $687,197 while the median value for Units is $565,778.
- Houses have a median rent of $450.
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