The fantastic opportunity to acquire the freehold property known as the Whitty Caf located within the beautiful Whitfield township. Presenting the new owner/s with the potential of a walk-in enterprise with the extensive equipment and chattels to be included with the sale of the property.
Well positioned within the King Valley and surrounding attractions, drive high tourist numbers to the region. Located within a moment from Dal Zotto wines and within close proximity to Pizzini Wines. Occupying a generous 966m2 allotment, the property is configured into the existing caf along with the 2-bedroom 1-bathroom residence at the rear. Further enhancing the property is additional lettable space or the ability to further extend seating capacity. Please note the Property is NOT being sold as a going concern.
The size of Whitfield is approximately 58.1 square kilometres. It has 2 parks covering nearly 3.2% of total area. The population of Whitfield in 2011 was 423 people. By 2016 the population was 212 showing a population decline of 49.9% in the area during that time. The predominant age group in Whitfield is 50-59 years. Households in Whitfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Whitfield work in a professional occupation. In 2011, 79.3% of the homes in Whitfield were owner-occupied compared with 71.8% in 2016.
Whitfield has 168 properties. Over the last 5 years, Houses in Whitfield have seen a 172.11% increase in median value. As at 31 October 2024:
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