FOR SALE
$300,000 plus stock at value (GST if applicable)

118 Main Street
West Wyalong NSW 2671

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 386m2
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For Sale | West Wyalong Jewellers & Property Package

Discover a lucrative opportunity at 118 Main Street, West Wyalong, where West Wyalong Jewellers awaits its next owner.
Established in 1978, this second-generation family business has become a cornerstone of the community, boasting a loyal customer base both in-store and online.
The premises are fully equipped with furniture, fixtures, and fittings across the showroom, workshop, and private office. A convenient kitchenette, complete with microwave, fridge, and accessories, ensures staff comfort and efficiency.
Adjacent to the premises is a spacious multipurpose shed, offering additional storage or versatile use. With two covered car parking spaces and a toilet, the property is designed for practicality and functionality.
The premises fitted with security cameras and an alarm system, providing peace of mind for owners and customers alike.
The business has a strong online presence, with an active website and social media platforms including Facebook, Instagram, YouTube, and Pinterest, facilitating online sales and engagement.
Retail Manager software integrated with essential equipment such as a computer, cash drawer, monitor, scanner, docket printer, and ticket printer. This system is seamlessly linked to the webmaster and online store for efficient operation.
Services offered by West Wyalong Jewellers include watch and jewellery repairs, with basic repairs completed in-store by staff. Trade jewellery repairs are outsourced to a qualified jeweller located in Wagga Wagga, ensuring top-notch service.
The retail shop features a diverse product range, including giftware, watches, and jewellery. From diamonds to colored stones, gold, silver, and fashion jewellery, the store caters to a wide array of customer preferences.
A significant portion of the giftware is engravable, and the business also offers custom gift lines manufactured with a laser engraving machine.
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Property Details for 118 Main St, West Wyalong

Building Type
Commercial
Land Size
386m2

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About West Wyalong 2671

The size of West Wyalong is approximately 801.3 square kilometres. It has 17 parks covering nearly 3.3% of total area. The population of West Wyalong in 2011 was 3,041 people. By 2016 the population was 3,123 showing a population growth of 2.7% in the area during that time. The predominant age group in West Wyalong is 0-9 years. Households in West Wyalong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Wyalong work in a trades occupation. In 2011, 70.3% of the homes in West Wyalong were owner-occupied compared with 70.4% in 2016.

West Wyalong has 2,007 properties. Over the last 5 years, Houses in West Wyalong have seen a 77.05% increase in median value, while Units have seen a 56.13% increase. As at 30 September 2024:

  • The median value for Houses in West Wyalong is $281,009 while the median value for Units is $329,800.
  • Houses have a median rent of $470 while Units have a median rent of $145.
There are currently 29 properties listed for sale, and 3 properties listed for rent in West wyalong on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in West wyalong.

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Ray White Parkes
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