23 Baranbah StreetBaan Baa NSW 2390
Property Details for 23 Baranbah St, Baan Baa
23 Baranbah St, Baan Baa is a bedroom, bathroom House with 20 parking spaces. The property has a land size of 4224m2. While the property is not currently for sale or for rent, it was last sold in December 2003.
Last Listing description (May 2023)
The Railway Hotel was built in 1922. It has had major works completed on in it in recent years.
Accommodation.
It has 31 self-contained rooms with ensuites, air-conditioning, TVs, fridges. These are fully booked with a waiting list.
Bistro
The dinning area has seating for 60 people, fully air-conditioned.
Commercial Kitchen
The hotel has a very good fully equipped commercial kitchen, walk in cool-room, pizza ovens, two deep fryers, char-grill, pass through dishwasher. Extremely well set up
Commercial Laundry
The hotel has its own commercial laundry, a commercial washing machine and two dryers
The Main Bar
Fully equipped bar area that also services the outside area, along with the lounge bar.
The Front Veranda
This area is extremely popular and it's all undercover.
The hotel presents very well and is exceptionally popular with the locals and people driving through town. The area is going extremely well with the coal mines that are in the area and the large farming community. The hotel is owned by a local family that has been in the area for five generations. Its perfect for a hands-on operator with plenty of upside. The hotel is operated under full management.
There's very little to spend on the property as it presents very well.
A premium free lease for 10 years with an option to purchase. The rent is $200,000 pa plus GST. 3 months rent or a bank guarantee for the bond.
This property will not last long on the market.
Property History for 23 Baranbah St, Baan Baa, NSW 2390
- 11 May 2023Listed for Sale Railway Hotel Baan Baa
- 04 Dec 2003Sold for $155,000
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0About Baan Baa 2390
The size of Baan Baa is approximately 254.9 square kilometres. It has 2 parks. The population of Baan Baa in 2011 was 525 people. By 2016 the population was 175 showing a population decline of 66.7% in the area during that time. The predominant age group in Baan Baa is 50-59 years. Households in Baan Baa are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Baan Baa work in a managers occupation. In 2011, 75.8% of the homes in Baan Baa were owner-occupied compared with 69.1% in 2016..
Baan Baa has 176 properties. Over the last 5 years, Houses in Baan Baa have seen a -41.50% decrease in median value, while Units have seen a -35.97% decrease. As at 31 October 2024:
- The median value for Houses in Baan Baa is $148,369 while the median value for Units is $142,145.
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