124-126 Grampians Rd, Halls Gap is a 13 bedroom, 12 bathroom House. The property has a land size of 1525m2. While the property is not currently for sale or for rent, it was last sold in May 1995.
Offered for sale for the first time in 22 years is the Mountain Grand Hotel & Balconies Restaurant situated in the thriving tourist town of Halls Gap just two and a half hours drive from Melbourne. The most notable and only historic large two-story mansion in Halls Gap, it was built in the 1940's and occupies the most impressive commercial and residential position in the main street (high side) of the town centre. It is full view of the visitor information centre & town hub complex. A priceless gem boasting 'Postion, Postion, Postion' in the Town Centre of Halls Gap, the 'Heart of the Grampians. A Rare & Great opportunity is now available for a lifestyle business with multiple income streams. 1- B&B Accomodation, 2- Restaurant, 3- Cafe & Bar, 4- Retail Outlet of whatever specialty goods or services imaginable; eg, boutique brewery & bar outlet to huge passing trade. The property is complete for Freehold Purchase with the possibility for immediate trade to take advantage of the busy holiday periods.
Features Include:
* Guest House with 10 ensuited & furnished rooms (2 with spas)
The size of Halls Gap is approximately 76.0 square kilometres. There are 6 parks, covering nearly 76.9% of the total area. The population of Halls Gap in 2016 was 430 people. By 2021 the population was 495 showing a population growth of 15.1% in the area during that time. The predominant age group in Halls Gap is 60-69 years. Households in Halls Gap are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Halls Gap work in a managers occupation.In 2021, 60.30% of the homes in Halls Gap were owner-occupied compared with 52.60% in 2016.
Halls Gap has 757 properties. Over the last 5 years, Houses in Halls Gap have seen a 32.66% increase in median value, while Units have seen a 7.30% increase. As at 31 July 2026:
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