Vendor Terms Available
? $335,000
? Large beer garden with outside bar
18 Dalton Street is located in the main CBD of Yealering.
The 2 story Yealering Hotel was built in 1925 in the town site of Yealering only 400m from Lake Yealering. The Hotel has upstairs accommodation of 12 rooms which have been recently painted, new blinds, new wardrobes and the joint men's bathroom has been renovated.
The welcoming front bar has been well maintained and has comfortable chairs and air conditioning. The back bar has been split into 2 parts for pool and darts and the other section for a small dining room. A new beer tap system has been installed and the kitchen has recently been renovated. The front bar has recently been renovated with old fridges being removed and a new cool room being installed which has opened the space behind the bar.
There is a large beer garden which has a new fence, well maintained lawns, and an outside bar. There is a large car park at the back of the hotel for staff parking. The Hotel is well managed and well supported.
Patronage has increased recently with the demand for accommodation and the decline in support for similar businesses nearby, representing a good opportunity to buy a successful business.
For further information please contact Ty Miller on 0429 881 108
The size of Yealering is approximately 173.5 square kilometres. The population of Yealering in 2011 was 294 people. By 2016 the population was 82 showing a population decline of 72.1% in the area during that time. The predominant age group in Yealering is 50-59 years. Households in Yealering are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Yealering work in a trades occupation. In 2011, 82.4% of the homes in Yealering were owner-occupied compared with 97.5% in 2016..
Yealering has 194 properties. Over the last 5 years, Houses in Yealering have seen a 59.97% increase in median value. As at 31 October 2024:
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