Are you looking for the country atmosphere with great location & to start up or re-open a business? The Picola Hotel was the place to bring the whole family. This pub is not currently open, however it still has a current liquor licence, a new bar & all lines have been replaced. The bar has been totally refitted with minimal things to be done if wanting to set up as licensed coffee shop. The pub is still equipped with a full kitchen, table & chairs, it has all the requirements to get up & running again. Picola has just been approved a grant to have the silos painted. This will attract more people to this area. This building lends itself to open up through the day as a caf & evenings to bar & bistro. The building has room to sit 100 people. Plenty of room out the back to turn into caravan park, for extra income. So many opportunities, so come in & make the most of it!
- 3BR residence attached to building
- Fantastic location 10 min to Murray River
The size of Picola is approximately 251.6 square kilometres. It has 3 parks covering nearly 80.3% of total area. The population of Picola in 2016 was 207 people. By 2021 the population was 206 showing a population decline of 0.5% in the area during that time. The predominant age group in Picola is 60-69 years. Households in Picola are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Picola work in a managers occupation.In 2021, 82.10% of the homes in Picola were owner-occupied compared with 69.20% in 2016.
Picola has 197 properties. Over the last 5 years, Houses in Picola have seen a 44.35% increase in median value. As at 31 January 2026:
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