37 Padbury RoadWalkaway WA 6528
Property Details for 37 Padbury Rd, Walkaway
Last Listing description (May 2021)
Offers to Purchase - Price on Application
The Walkaway Tavern is located in the historic town site of Walkaway, 28 km's south of Geraldton city and 418 km's north of Perth in WA's well regarded Mid-West region. Walkaway is a small friendly community including a small local store, Primary School and excellent sporting facilities, the local community includes townspeople, farmers, ever increasing lifestyle residents, families are always welcome in this attractive small country town.
The Taverns is being offered as a 'Going Concern' on a walk-in walk-out basis inclusive of land & buildings, furniture & fittings, plant & equipment, goodwill plus stock at valuation.
Trading figures are available to qualified buyers, showing consistent solid bar and food revenue. the business has been operated by the current owners since 2007; the Tavern is centrally located in the Walkaway, Greenough farming district with a reputation for good service, traditional meals and unique country pub hospitality enjoying strong support from surrounding localities including nearby City of Geraldton.
The building was originally built in 1907, consisting of Brick, Timber frames and steel roof; there are three bar service areas with a large dining room, outdoor alfresco adjoins the main bar hallway, kitchen is built to commercial standards, the whole property is air-conditioned to beat the summer heat and also has operating fireplaces for those cold winter blues.
The property also has a colourbond steel frame lockup shed in the rear fenced yard. The Tavern offers prospective purchasers the opportunity to invest in and own/operate a profitable business with busy summer almost upon us, the Tavern is considered to be a turn-key operation and will satisfy all inspections.
For your opportunity to purchase this iconic freehold/business call Brad King 0429 911 504 immediately as the vendors are motivated to sell
Property History for 37 Padbury Rd, Walkaway, WA 6528
- 08 Feb 2023Sold for $525,000
- 15 Jun 2020Listed for Sale Offers to Purchase POA
- 28 Sep 2017Listed for Sale Offers to Purchase POA
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About Walkaway 6528
The size of Walkaway is approximately 113.1 square kilometres. The population of Walkaway in 2011 was 287 people. By 2016 the population was 254 showing a population decline of 11.5% in the area during that time. The predominant age group in Walkaway is 50-59 years. Households in Walkaway are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Walkaway work in a managers occupation. In 2011, 72.8% of the homes in Walkaway were owner-occupied compared with 76.1% in 2016.
Walkaway has 187 properties. Over the last 5 years, Houses in Walkaway have seen a 94.64% increase in median value. As at 31 July 2024:
- The median value for Houses in Walkaway is $384,241 while the median value for Units is $255,708.
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