7-11 Towong Road, Corryong, VIC 3707 | Property Value & History | OnTheHouse
 
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7-11 Towong Road
Corryong VIC 3707

Bedrooms: 8
Bathrooms: -
Car spaces: -
Land area: 4374m2
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Property Details for 7-11 Towong Rd, Corryong

Building Type
Commercial
Land Size
4374m2
Local Government
Towong
Lot/Plan
CP166121

Last Listing description (November 2023)

Outstanding VIC Freehold Motel Offering!

Immaculately presented, this superb boutique Motel is rich with history and packed with charm.

Featuring 9 well-appointed ground floor motel suites with a diverse range of room configurations, ample on-site guest parking, large commercial kitchen, commercial laundry plus guest laundry facilities, outdoor seating area and very good motel signage.

A separate spacious 3 bedroom family residence, with a huge backyard, citrus trees and sheds completes the package all within a short stroll to the vibrant town centre and school.

Key Features:

* Motivated vendors keen to sell
* Quality boutique motel set within low maintenance lawns and gardens
* Strong corporate client base, and repeat trade from locals and tourists
* The Man From Snowy River Bush Festival and other yearly events
* Iconic Snowy Mountain Hydro Electric Scheme power stations M1 & M2
* Surrounded by mountains, rivers, waterfalls and national parks
* Permanent VIC liquor licence
* Private 3 bedroom family residence with huge backyard
* Short stroll to the main street and school
* Situated on 4,291m2 of General Residential Zoned land

A wonderful opportunity awaits a savvy operator wanting a business and lifestyle change within a fantastic community and popular location.

Guaranteed to impress the discerning buyer!

Contact Dan McDonald at MHB direct on 0437 838 368 to arrange an inspection of this superb property.

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Property History for 7-11 Towong Rd, Corryong, VIC 3707

A timeline of how this property has performed in the market
Last Sold
$800,000
08 Mar 2024
  • 08 Mar 2024
    Sold for $800,000
  • 08 Feb 2021
    Listed for Sale Freehold Going Concern - $1,690,000 (Negotiable)
  • 12 Jul 2019
    Sold for $500,000
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About Corryong 3707

The size of Corryong is approximately 69.2 square kilometres. It has 6 parks covering nearly 26.8% of total area. The population of Corryong in 2016 was 1348 people. By 2021 the population was 1352 showing a population growth of 0.3% in the area during that time. The predominant age group in Corryong is 60-69 years. Households in Corryong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corryong work in a managers occupation.In 2021, 72.10% of the homes in Corryong were owner-occupied compared with 64.10% in 2016.

Corryong has 982 properties. Over the last 5 years, Houses in Corryong have seen a 93.62% increase in median value, while Units have seen a 50.21% increase. As at 31 January 2026:

  • The median value for Houses in Corryong is $398,996 while the median value for Units is $346,903.
  • Houses have a median rent of $238.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Corryong on OnTheHouse. According to Cotality's data, 35 properties were sold in the past 12 months in Corryong.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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