Bendigo Ballarat Real Estate are pleased to offer for sale, a landmark with over 150 years of history. This Freehold of the Serpentine Hotel (Business is not for sale) & 4 bedroom Residence offers an outstanding opportunity in regional Victoria with a large parcel of land that can be further developed (STCA).
There is a secure lease already in place providing immediate returns. Don't miss this outstanding opportunity that offers potential for additional business with greater returns for savvy investors.
LOCATION
HOUSE
4 bedrooms, 2 toilets, 1 bathroom with tub and shower, kitchen, large living room, and an outhouse with electricity and plumbing connected
Private secure backyard with 2 sheds, 3 pet coops and a carport
An opportunity for finishing as preferred by the buyer
Potential returns of at least $400/week for private rental
Front of the house suitable for short-stay accommodation (e.g. AirBnB), of which there are none north of Bridgewater (20km away) towards Mildura and Echuca, which are very popular travel routes. Or as a retail outlet capitalising on foot traffic from the hotel
LAND
Additional about 3,000 sqm of land with Township zoning vacant, with 2 large gates facing Loddon Valley Highway
TH0206
The size of Serpentine is approximately 168.0 square kilometres. It has 5 parks covering nearly 0.7% of total area. The population of Serpentine in 2016 was 192 people. By 2021 the population was 222 showing a population growth of 15.6% in the area during that time. The predominant age group in Serpentine is 40-49 years. Households in Serpentine are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Serpentine work in a managers occupation.In 2021, 74.00% of the homes in Serpentine were owner-occupied compared with 67.20% in 2016.
Serpentine has 149 properties. Over the last 5 years, Houses in Serpentine have seen a 64.48% increase in median value. As at 30 April 2026:
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