7-11 Towong RoadCorryong VIC 3707
Property Details for 7-11 Towong Rd, Corryong
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.
Property History for 7-11 Towong Rd, Corryong, VIC 3707
- 08 Mar 2024Sold for $800,000
- 08 Feb 2021Listed for Sale Freehold Going Concern - $1,690,000 (Negotiable)
- 12 Jul 2019Sold for $500,000
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0About Corryong 3707
The size of Corryong is approximately 69.2 square kilometres. There are 6 parks, covering nearly 26.8% of the 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 973 properties. Over the last 5 years, Houses in Corryong have seen a 72.92% increase in median value, while Units have seen a 101.27% increase. As at 31 May 2026:
- The median value for Houses in Corryong is $392,708 while the median value for Units is $500,025.
- Houses have a median rent of $238.
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