340 Broadway Wycheproof VIC 3527
Property Details for 340 Broadway, Wycheproof
Last Listing description (October 2023)
EXCLUSIVE TO MHB
The Royal Mail Hotel is a classic country pub located in the heart of Wycheproof.
The hotel is situated on the busy Calder Highway, halfway between Melbourne and Mildura making it a popular spot for visitors to grab a meal, snack or drink any day of the week.
This terrific country pub has fantastic street presence and offers many features to the potential buyer with an open plan bistro, adjoining cafe, front and back bar, separate pool room and a well-appointed commercial kitchen are just some of the features downstairs. Upstairs you'll find 17 accommodation bedrooms, a sitting room and original bathrooms all with high ceilings and plenty of natural light. Out the back you'll discover a large beer garden and a 1 bedroom managers residence.
The greatest feature of the pub is located about 10 steps in front of the pub, the railway line. Wycheproof is the only town in Victoria that has a train line traverse the middle of its main road. A wonderful drawcard to entice visitors to witness the rare sighting of a freight train passing through town.
With a bit of TLC, this old worldly pub can transform into a venue that honours the grandeur of yesteryear while embracing the modern day.
Key Features:
* Very well-established classic country pub
* Long Lease with 18.5 x years remaining
* 72.2% (approx.) Buyers Yield
* Best performing hotel in the Mallee
* 17 x well utilised upstairs accommodation rooms
* Prominently positioned on the main thoroughfare of town
* Coffee shop operation Mon-Fri
* Repeat local clientele and passers by
* Business needs a new spark or operator with fresh input and energy
Behind the original facade of the Royal Mail Hotel is an opportunity too good to miss. Make your mark and enjoy the rewards that this country pub to offer.
Contact Kamal Sharma at MHB direct on 0417 008 672 to discuss and arrange your inspection.
Property History for 340 Broadway, Wycheproof, VIC 3527
- 18 May 2023Listed for Sale Leasehold - $110,000 + SAV
- 05 May 2022Sold for $530,000
- 08 Dec 2021Listed for Sale Freehold Passive Investment - $550,000
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0About Wycheproof 3527
The size of Wycheproof is approximately 220.0 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Wycheproof in 2016 was 635 people. By 2021 the population was 610 showing a population decline of 3.9% in the area during that time. The predominant age group in Wycheproof is 60-69 years. Households in Wycheproof are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Wycheproof work in a managers occupation.In 2021, 78.50% of the homes in Wycheproof were owner-occupied compared with 78.70% in 2016.
Wycheproof has 520 properties. Over the last 5 years, Houses in Wycheproof have seen a 52.94% increase in median value. As at 31 March 2026:
- The median value for Houses in Wycheproof is $237,571 while the median value for Units is $305,906.
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