1 Breen StreetUltima VIC 3544
Property Details for 1 Breen St, Ultima
1 Breen St, Ultima is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 17938m2.
Last Listing description (September 2021)
Located in the northern Victorian rural township of Ultima this is a business opportunity worthy of your consideration. We are offering the Freehold (includes 5 acres) of the Ultima Hotel plus the business for one all inclusive price. There is no doubt this business is cherry ripe for the picking as the current Owner is only selling due to ill health. Ideally suited for a two person operation. The Ultima Hotel has a bright future given the development in the rural sector in its immediate area. Please contact us for Full details with regard to the development taking place in and around the Ultima area. Consistent with most country pubs the Ultima Hotel provides the usual bar facilities plus scope for the meals/entertainment crowd and of course some accommodation facilities. If you are working in or have had Pub experience this is the ideal opportunity for you to get in on the ground floor. The new Owner will be required to meet the criteria for the holding of a liquor license and again further information is available by contacting us. Our Vendor is very genuine in his desire to sell and accordingly has set a more than realistic asking price - which includes the Freehold, approx 5 acres, all the plant and equipment and of course the Hotel business itself. We look forward to receiving your enquiry as we believe this is an outstanding opportunity.
Property History for 1 Breen St, Ultima, VIC 3544
- 05 Jul 2021Listed for Sale $160,000
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About Ultima 3544
The size of Ultima is approximately 259.3 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Ultima in 2011 was 333 people. By 2016 the population was 173 showing a population decline of 48.0% in the area during that time. The predominant age group in Ultima is 50-59 years. Households in Ultima are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Ultima work in a managers occupation. In 2011, 84.8% of the homes in Ultima were owner-occupied compared with 82.8% in 2016..
Ultima has 232 properties. Over the last 5 years, Houses in Ultima have seen a 55.23% increase in median value. As at 31 December 2024:
- The median value for Houses in Ultima is $188,366 while the median value for Units is $172,557.
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