18 High StreetYea VIC 3717
Property Details for 18 High St, Yea
Last Listing description (August 2023)
EXCLUSIVE TO MHB
Outstanding VIC Leasehold Hotel with Vacant Possession.
Our vendor has retired and wants it sold!
Presenting a remarkable opportunity for hospitality professionals to secure this impressive ready-made leasehold business offered to the market for the very first time since its full restoration!
Beautifully appointed with the highest quality plant & equipment, the Country Club Hotel is the complete modern Australian hotel offering, setting the operator a league above.
Set within a boutique rural landscape in North-East Victoria, located at the junction of the Melba & Goulburn Valley highways just 90 minutes from Melbourne City, the hotel re-opened in 2017 after the original hotel burned to the ground. Now restored to its former grandeur after undergoing extensive renovation and rejuvenation, the hotel blends state-of-the-art styling with old world charm.
Key Features:
* First time to market since its rebuild in 2017
* Multiple Income streams
* Very strong 2021/2022 turnover
* Prominent location on thriving main street
* Highest quality inspection / plant & equipment
* Large dining / function rooms, lounge & caf
* Restaurant / bistro, state-of-the-art commercial kitchen
* Large attractive beer garden & beautifully presented grounds
* 1 x bedroom studio apartment / residence
A must to consider for the astute hospitality professional!
Contact Dan McDonald at MHB direct on 0437 838 368 to discuss this outstanding opportunity!
Property History for 18 High St, Yea, VIC 3717
- 16 Mar 2024Sold for $80,000
- 29 Aug 2022Listed for Sale Leasehold with Vacant Possession - $155,000
- 21 Apr 2015Listed for Rent - Price not available
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0About Yea 3717
The size of Yea is approximately 177.3 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Yea in 2011 was 1,594 people. By 2016 the population was 1,601 showing a population growth of 0.4% in the area during that time. The predominant age group in Yea is 60-69 years. Households in Yea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yea work in a trades occupation. In 2011, 75.4% of the homes in Yea were owner-occupied compared with 73.4% in 2016.
Yea has 1,414 properties. Over the last 5 years, Houses in Yea have seen a 34.45% increase in median value, while Units have seen a 33.97% increase. As at 31 October 2024:
- The median value for Houses in Yea is $529,867 while the median value for Units is $406,257.
- Houses have a median rent of $450 while Units have a median rent of $360.
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