92 Bell Street, Penshurst, VIC 3289 | Commercial for sale | OnTheHouse
 
FOR SALE
$475,000 to $515,000

92 Bell Street
Penshurst VIC 3289

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 622m2
Land area: 1643m2
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PENSHURST HOTEL - VICTORIA

Falk & Co are thrilled to offer the opportunity to purchase the Freehold and Business Assets with vacant possession of the Penshurst Hotel. This is the only hotel in town and is located on a prime corner allotment, situated on the main highway between Warrnambool and Hamilton and gateway to the Grampians National Park.
Situated on 1,643 m2 of Township Zoned Land and is fully functional. Needing an energetic operator to bring the hotel back to the glory days of country hotels.
This double storey stone heritage listed building comprises of a spacious public bar with new beer system, bottle shop, cafe, formal room, executive lounge, large bistro which also provides space that can be divided into two areas for functions seating around 100 customers opening onto a large outdoor deck.
Beer garden/alfresco area, a large commercial kitchen, smokers area which is accessible from the public bar, huge off street carpark and upstairs comprises of 6 bedrooms, lounge, kitchen and 2 bathrooms, some fully renovated and some needed renovating. Emergency Staircase in excellent condition.
Electricals upgraded recently and 3 phase power connected.
Opportunities to purchase hotels of this era and character don't come along to often, so book an inspection now. Opened in early 1861.
Current Hours:
Thursday - 5.30pm - Close
Friday - 4.30pm - Close
Saturday - 5.30pm - Close
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Property Details for 92 Bell St, Penshurst

Building Type
Commercial
Floor Size
622m2
Land Size
1643m2
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About Penshurst 3289

The size of Penshurst is approximately 316.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Penshurst in 2016 was 622 people. By 2021 the population was 677 showing a population growth of 8.8% in the area during that time. The predominant age group in Penshurst is 60-69 years. Households in Penshurst are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Penshurst work in a managers occupation.In 2021, 76.60% of the homes in Penshurst were owner-occupied compared with 81.10% in 2016.

Penshurst has 528 properties. Over the last 5 years, Houses in Penshurst have seen a 35.72% increase in median value, while Units have seen a -26.75% decrease. As at 30 November 2025:

  • The median value for Houses in Penshurst is $258,816 while the median value for Units is $265,035.
  • Houses have a median rent of $200.
There are currently 4 properties listed for sale, and no properties listed for rent in Penshurst on OnTheHouse. According to Cotality's data, 9 properties were sold in the past 12 months in Penshurst.

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Gary Attrill
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Falk & Co Estate Agents
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