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.
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:
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