72-74 Adelaide StreetGol Gol NSW 2738
Property Details for 72-74 Adelaide St, Gol Gol
Last Listing description (September 2017)
Overlooking the Murray River at Gol Gol is an opportunity to acquire a 20 room 4 star FREEHOLD motel and business where no expense was spared in a refurbishment program completed in 2013. This clean and renewed property that sets a standard is located on a generous 2024 square metre allotment with high exposure highway access and just 8 minutes to Mildura's CBD. The business shows an ever improving trade with the interim June to December 2015 figures almost surpassing the 2014-15 financial year takings, scope for increased turnover and now enjoys a regular loyal clientele. Reception is conveniently located on King Street and adjoins the 2 bedroom owner's residence. There's ample-off street parking, additional visitor parking plus on-street parking for coaches and trucks and a salt water swimming pool. This outstanding prospect delivers a new operator the foundation to build on what already is a quality establishment.
Property History for 72-74 Adelaide St, Gol Gol, NSW 2738
- 13 Jun 2024Sold for $1,400,000
- 31 Aug 2023Listed for Sale FHGC $2,250,000
- 07 Mar 2019Sold for $700,000
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About Gol Gol 2738
The size of Gol Gol is approximately 19.7 square kilometres. There are 3 parks, covering nearly 0.9% of the total area. The population of Gol Gol in 2016 was 1523 people. By 2021 the population was 1956 showing a population growth of 28.4% in the area during that time. The predominant age group in Gol Gol is 0-9 years. Households in Gol Gol are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gol Gol work in a managers occupation.In 2021, 85.70% of the homes in Gol Gol were owner-occupied compared with 80.80% in 2016.
Gol Gol has 1,331 properties. Over the last 5 years, Houses in Gol Gol have seen a 42.68% increase in median value, while Units have seen a 49.79% increase. As at 31 July 2026:
- The median value for Houses in Gol Gol is $551,115 while the median value for Units is $280,287.
- Houses have a median rent of $550 while Units have a median rent of $330.
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