Versatile business opportunity with shop offering newsagency, grocery & general store lines in main building plus modern caf style eatery with separate entrance. Full size 3 bedroom residence with private yard and rear lane access immediately behind the shop. House can be easily re-configured to new owners needs. Barellan is on the busy Burley Griffin Way connecting Canberra ACT to Griffith NSW, and is an important grain growing area, about 50km East of thriving Griffith. Potential for increased fast food sales is very high.Shop and residence present very well as a great first business opportunity and home. Our vendors are committed to retire and will look seriously at good offers.Asking: Lease $20,000 p.a. (shop) + GST + outgoingsResidence also available at a further $1,000 per month.Security Bonds & references required.Freehold also available at an indicated $POA + stock
The size of Barellan is approximately 980 square kilometres. It has 1 park. The population of Barellan in 2011 was 645 people. By 2016 the population was 530 showing a population decline of 17.8% in the area during that time. The predominant age group in Barellan is 50-59 years. Households in Barellan are primarily couples with children and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Barellan work in a managers occupation. In 2011, 79.9% of the homes in Barellan were owner-occupied compared with 83.2% in 2016.
Barellan has 458 properties. Over the last 5 years, Houses in Barellan have seen a 81.70% increase in median value. As at 31 October 2024:
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