1362 Taggerty-Thornton RoadThornton VIC 3712
Property Details for 1362 Taggerty-Thornton Rd, Thornton
Last Listing description (December 2012)
Once in a lifetime opportunity situated in North East Victoria.
HOTEL MOTEL
Freehold and Business
Hotel
* Gaming Room with 16 gaming machines
* Large Bistro, Lounge, Bar & Function area
* Sports Bar, TAB, Keno, Tattslotto Agency & Post Office
* Drive through Bottle Shop
* Full Commercial Kitchen
Motel
* 16 motels
* 6 x 3 bedroom family units
* 2 bedroom mangers residence
Land
* 1.084 hectares approx
Owner Operated for the last 27 years
Price $3.3 million
Property History for 1362 Taggerty-Thornton Rd, Thornton, VIC 3712
- 17 Dec 2012Sold for $1,650,000
- 14 Sep 2012Listed for Sale $3,300,000
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0About Thornton 3712
The size of Thornton is approximately 70.1 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Thornton in 2011 was 362 people. By 2016 the population was 278 showing a population decline of 23.2% in the area during that time. The predominant age group in Thornton is 60-69 years. Households in Thornton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Thornton work in a trades occupation. In 2011, 75.9% of the homes in Thornton were owner-occupied compared with 64.8% in 2016.
Thornton has 237 properties. Over the last 5 years, Houses in Thornton have seen a 120.55% increase in median value, while Units have seen a -49.04% decrease. As at 31 July 2024:
- The median value for Houses in Thornton is $598,149 while the median value for Units is $486,444.
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