OFF MARKET

21-23 Main Street
Welshpool VIC 3966

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5650m2
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Property Details for 21-23 Main St, Welshpool

Building Type
Commercial
Land Size
5650m2
Local Government
South Gippsland
Lot/Plan
1/TP437341

Last Listing description (May 2023)

CRE Brokers are pleased to offer for sale the Freehold & Business interests of the Welshpool Hotel Motel for sale by Expressions of Interest.

This highly regarded Hotel Motel is located close to popular tourist destinations and all Gippsland has to offer.

Situated on a very large parcel of land 5650sqm, zoned township

This hotel features large main bar, spacious bistro with open fireplace and children's play rooms,

The motel features 9 motel rooms plus ample parking for boats and trailers.

Large sheds for storage in the rear yard.

This is a great opportunity please contact Phil Mammolito for further information on 0438 371 094.

Property History for 21-23 Main St, Welshpool, VIC 3966

A timeline of how this property has performed in the market
Last Sold
$500,000
04 Dec 2009
  • 15 Apr 2022
    Listed for Sale FHGC - EOI
  • 04 Dec 2009
    Sold for $500,000
  • 15 Dec 2008
    Listed for Sale 800000
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About Welshpool 3966

The size of Welshpool is approximately 53.9 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Welshpool in 2011 was 438 people. By 2016 the population was 329 showing a population decline of 24.9% in the area during that time. The predominant age group in Welshpool is 60-69 years. Households in Welshpool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Welshpool work in a managers occupation. In 2011, 76.5% of the homes in Welshpool were owner-occupied compared with 78.2% in 2016.

Welshpool has 298 properties. Over the last 5 years, Houses in Welshpool have seen a 62.34% increase in median value, while Units have seen a 56.80% increase. As at 30 September 2024:

  • The median value for Houses in Welshpool is $455,525 while the median value for Units is $291,912.
There are currently 7 properties listed for sale, and no properties listed for rent in Welshpool on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Welshpool.

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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.