182 High Street, Kangaroo Flat, VIC 3555 | Property Value & History | OnTheHouse
OFF MARKET

182 High Street
Kangaroo Flat VIC 3555

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 377m2
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Property Details for 182 High St, Kangaroo Flat

Building Type
Commercial
Land Size
377m2
Local Government
Greater Bendigo
Lot/Plan
2/LP203137

Last Listing description (October 2023)

JLL Hotels & Hospitality is delighted to exclusively offer for sale for the first time in over 20 years, the Leasehold Interest in the National Hotel Complex, located in the thriving regional city of Bendigo.

A Bendigo landmark, the National Hotel Complex has been meticulously maintained throughout the years by its current owners. The hotel offers high end facilities featuring a large, family-friendly bistro, renowned as one of Bendigo's best dining establishments, as well as a sports bar with full TAB facilities and four function spaces.


The venue also offers a range of accommodation options which comprise 24 motel units and a suite of five modern apartments (some fully self-contained), with quality guest facilities including an outdoor swimming pool and indoor heated spa, as well as an additional apartment ideal for a manager's residence.

Key highlights include:

* Renowned hospitality and function venue, meticulously refurbished throughout featuring a large bistro & bar, sport's bar with full TAB facilities and four function spaces
* Quality accommodation and guest facilities comprising 24 motel units and five 1, 2 and 3 bedroom apartments (some fully self-contained), outdoor swimming pool and indoor heated spa
* Long-standing operation and successful business with experienced operators at the helm for over 20 years
* Premier CBD fringe location on high exposure site, within 1.5km from Bendigo's city centre and directly opposite two major local tourist attractions
* Desirable lease terms with options to 2049 and CPI-linked reviews
* Robust trade from multiple revenue streams derived from food & beverage, functions and accommodation

This is an exceptional opportunity to acquire a high profile and well established hospitality and accommodation business, a true 'turn key' operation, with little to no capex required in the short to medium term, and robust trade derived from multiple revenue streams.

For sale via Private Treaty.

For further information on this opportunity, please contact the exclusive selling agents.

Property History for 182 High St, Kangaroo Flat, VIC 3555

A timeline of how this property has performed in the market
Last Sold
$260,000
16 Jul 2003
  • 13 Jun 2023
    Listed for Sale Contact Agent
  • 16 Jul 2003
    Sold for $260,000
  • 01 Jul 1995
    Sold for $76,250
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About Kangaroo Flat 3555

The size of Kangaroo Flat is approximately 18.4 square kilometres. It has 27 parks covering nearly 40.1% of total area. The population of Kangaroo Flat in 2016 was 10394 people. By 2021 the population was 11328 showing a population growth of 9.0% in the area during that time. The predominant age group in Kangaroo Flat is 60-69 years. Households in Kangaroo Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kangaroo Flat work in a labourer occupation.In 2021, 69.00% of the homes in Kangaroo Flat were owner-occupied compared with 67.40% in 2016.

Kangaroo Flat has 6,379 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 54.30% increase in median value, while Units have seen a 51.69% increase. As at 28 February 2026:

  • The median value for Houses in Kangaroo Flat is $626,243 while the median value for Units is $457,948.
  • Houses have a median rent of $510 while Units have a median rent of $460.
There are currently 47 properties listed for sale, and 10 properties listed for rent in Kangaroo flat on OnTheHouse. According to Cotality's data, 294 properties were sold in the past 12 months in Kangaroo flat.

Suburb Insights for Kangaroo Flat 3555

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.