SOLD
Sold on 23 Nov 2023 for $764,500

10-12 Main Street
Bellbrook NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5018m2
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Property Details for 10-12 Main St, Bellbrook

Building Type
Commercial
Land Size
5018m2
Local Government
Kempsey
Lot/Plan
1/DP739113

Last Listing description (September 2023)

- Expansive 5,141sqm* site with prime river-front positioning and exceptional views
- 4 highly valuable, Band 2, Kempsey Shire Council Poker Machine Entitlements
- ~$80,000 p/a in gaming revenue with immediate scope to increase via hardware upgrades, addition of extra machines and a smoking solution

- Hotel features: public bar, bistro, commercial kitchen, outdoor covered dining area, gaming room, beer garden, bottle shop, caf, Australian Post outlet and general store
- Separate accommodation dwelling consisting of a 4-room residence sleeping up to 10 guests
- Isolated trade catchment with minimal nearby competitors, only pub with gaming for a ~40km radius
- 67 solar modules installed, providing an excellent green energy solution
- Part of the wider Kempsey LGA, population of circa 35,000*
- Ability to immediately occupy premises or negotiate new lease with tenant
- Current weekly revenues of circa $16,000 p/w with significant opportunity to immediately increase across all avenues
- Exceptional opportunity for additional riverside beer garden and live entertainment area

* Approx.

Property History for 10-12 Main St, Bellbrook, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$764,500
23 Nov 2023
  • 23 Nov 2023
    Sold for $764,500
  • 15 Sep 2023
    Listed for Sale Contact Agent

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About Bellbrook 2440

The size of Bellbrook is approximately 396.1 square kilometres. It has 8 parks covering nearly 34.8% of total area. The population of Bellbrook in 2011 was 357 people. By 2016 the population was 271 showing a population decline of 24.1% in the area during that time. The predominant age group in Bellbrook is 60-69 years. Households in Bellbrook are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Bellbrook work in a managers occupation. In 2011, 64.9% of the homes in Bellbrook were owner-occupied compared with 63.1% in 2016.

Bellbrook has 241 properties. Over the last 5 years, Houses in Bellbrook have seen a 64.49% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bellbrook is $372,647.
There are currently 5 properties listed for sale, and no properties listed for rent in Bellbrook on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Bellbrook.

Suburb Insights for Bellbrook 2440

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.