FOR SALE
$1,650,000

101 Bridge Street E
Benalla VIC 3672

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Dual Living & Business Opportunity in CBD - Thriving Airbnb Upstairs, Commercial Shopfront Below

This unique dual-purpose property offers the perfect blend of residential and commercial opportunities, located in the heart of the CBD. The upstairs features a stunning, fully furnished residence, currently operating as a thriving Airbnb, generating a net income figure of $53,721.90 in annual returns. With stylish interiors and modern amenities, it's an ideal space for those looking to live in a vibrant urban setting or continue the successful short-term rental business.
Downstairs, you'll find a prime commercial shopfront, offering excellent street exposure and flexibility for various business ventures. Whether you're an investor looking for a solid return or an owner-occupier seeking a live-and-work setup, this property caters to both lifestyles.
With its unbeatable location, strong rental history, and diverse potential, this is a rare opportunity in the bustling CBD. Perfect for investors or those wanting the best of both worlds - don't miss out!
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Property Details for 101 Bridge St E, Benalla

101 Bridge St E, Benalla is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Benalla.

Building Type
Apartment

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About Benalla 3672

The size of Benalla is approximately 315.3 square kilometres. It has 32 parks covering nearly 7.6% of total area. The population of Benalla in 2011 was 10,333 people. By 2016 the population was 10,355 showing a population growth of 0.2% in the area during that time. The predominant age group in Benalla is 60-69 years. Households in Benalla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Benalla work in a trades occupation. In 2011, 67.7% of the homes in Benalla were owner-occupied compared with 67.2% in 2016.

Benalla has 7,145 properties. Over the last 5 years, Houses in Benalla have seen a 57.08% increase in median value, while Units have seen a 53.50% increase. As at 30 November 2024:

  • The median value for Houses in Benalla is $429,950 while the median value for Units is $312,730.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 52 properties listed for sale, and 26 properties listed for rent in Benalla on OnTheHouse. According to CoreLogic's data, 279 properties were sold in the past 12 months in Benalla.

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Peter Symes
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Shayne McKean
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Ray White Benalla
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