1-15 Princes HighwayWurruk VIC 3850
Property Details for 1-15 Princes Hwy, Wurruk
Last Listing description (January 2025)
AN OUTSTANDING 60 ROOM MOTEL & HOTEL COMPLEX WITH MULTIPLE UNTAPPED REVENUE STREAMS.
RAINE & HORNE LAND VICTORIA is pleased to offer this Freehold & Leasehold property situated on 4.39 hectares of premium mixed use and farming zoned land known as :
THE RIVERS HOTEL & MOTEL COMPLEX
1-15 PRINCES HIGHWAY, WURRUK, VICTORIA.
Features include an idyllic outlook to a sweeping lagoon, and surrounding rustic landscape, the built complex comprises significant infrastructure and offers a truly unique blend of untapped potential, existing ongoing secure income from seasonal workers who work at local vegetable farms on rotating 9 months contracts, and outstanding commercial opportunity.
The subject property is situated on the southern side of the Princes Highway, located on the highest profile site in Wurruk on the Princes Highway.
The 'Mixed Use' zoned portion of the property is situated at the north-eastern section of the title and comprises approximately 1.6 hectares (16,000 sqm). The site provides an easterly outlook and water views to the south over a large lagoon together with the surrounding and well-maintained parklands.
A selection of the property features are listed below:
> The Rivers Motel comprises 60 rooms, all of which are a mix of twin, bunk, or double beds together with ensuite bathroom, storage and air-conditioning/heating.
> Permits for permanent, long, and/or short-term accommodation.
> Two fully fitted commercial kitchens with multiple fridges, stoves, microwaves, dishwashers and all cooking utensils etc.
> WIFI throughout the premises and motel rooms.
> Multiple washing machines areas with coin dryers.
> Fully renovated 5 Bedroom Executive Residence with offices
(formerly the live venue & nightclub)
> The Rivers Inn Hotel features a myriad of potential revenue streams which are currently not operating and are as follows:
* The Rivers Inn - Public Bar
* The Rivers Inn - Function Marquee
* The Rivers Inn - Live Venue & Nightclub
* The Rivers Inn - Drive - Thru Bottle Shop
* The Rivers Inn - Woodfire Pizza Bar
* The Rivers Inn - Restaurant & Lounge
* The Rivers Inn - Kooka Convenience Store
& MANY MORE FEATURES TOO NUMEROUS TO MENTION IN THIS ADVERTISEMENT.
CONTACT THE LEAD AGENTS FOR FURTHER & BETTER PARTICULARS.
Anthony C. Zammit
0458 000 000
Pushpinder P. Bajwa
0433 836 421
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 1-15 Princes Hwy, Wurruk, VIC 3850
- 07 Jan 2025Sold for $3,500,000
- 04 Nov 2024Listed for Sale Contact Agent
- 20 May 2024Listed for Sale Contact Agent
Recent sales nearby
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0About Wurruk 3850
The size of Wurruk is approximately 9.7 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Wurruk in 2016 was 1112 people. By 2021 the population was 1177 showing a population growth of 5.8% in the area during that time. The predominant age group in Wurruk is 10-19 years. Households in Wurruk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wurruk work in a professional occupation.In 2021, 77.90% of the homes in Wurruk were owner-occupied compared with 72.00% in 2016.
Wurruk has 633 properties. Over the last 5 years, Houses in Wurruk have seen a 62.51% increase in median value, while Units have seen a 43.06% increase. As at 30 November 2025:
- The median value for Houses in Wurruk is $588,253 while the median value for Units is $340,224.
- Houses have a median rent of $365 while Units have a median rent of $220.
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