OFF MARKET

4 Renshaw Street
Binnaway NSW 2395

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2023m2
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Property Details for 4 Renshaw St, Binnaway

Building Type
Commercial
Land Size
2023m2
Local Government
Warrumbungle
Lot/Plan
1/DP208993

Last Listing description (May 2011)

BUSINESS FOR SALE - BINNAWAY FRIENDLY GROCER 4-6 RENSHAW STREET BINNAWAY NSW
This business has been in the one family since 1922 and is now offered for sale for the first time as a going concern. The supermarket services the population of Binnaway and district (located between Coonabarabran and Dubbo) with a full service supermarket, hardware and building supplies. The business is easily managed by a couple living on-site with the assistance of some casual staff. The business has evolved and now uses modern technology and systems that make management and operations very user friendly. The buyer may also purchase the freehold of the property if desired. (Conjunctional agent for land and buildings - Larry Tolmie Binnaway).
This business is two doors from the Binnaway Central School, and opposite the Binnaway Swimming Pool, Park and Community Health Centre.

* Supermarket lines include groceries, cigarettes, bread, eggs, drinks, fruit & veg, deli, dairy, cakes, chicken, confectionary & sweets, slices, novelties, gift cards, wrapping & batteries.
* Hardware includes timber, bulk dog food, paints, cement, sheeting, plumbing accessories and full range of bolts & nuts etc.
* Well established supplier arrangements with regular deliveries to maintain stock level at all times. ATM machine in shop.
* Extensive range of fixtures & fittings for sale at book value + stock at cost price
* Trading hours M-F 8.30am to 5.30pm, Sat 8.30 to 12.30, Sun 8.30 to 11.00
* Potential for coffee shop trade as Binnaway has no established caf?.
Binnaway Friendly Grocer is a well set up supermarket with extensive refrigerated cabinets for frozen supplies and fruit and vegies, plus shelving for dry goods.
Weekly deliveries of dry goods and frozen/deli are made by Metcash. Other suppliers include Dairy Farmers, Tip Top, Country Fruit, Cordina Chickens, Inland Distributors, Coonabarabran Bakery, Garian etc.
The builders supply section of the business is run from the end of the supermarket and a detached shed. The property allows customer access from Renshaw Street to load builders supplies, exiting from the rear. Supplies are sourced from Astleys Plumbing and Hardware Dubbo, Wattyl Paints and Landmark.
INSPECT: By appointment with the exclusive selling agent - Bob Berry Real Estate 02 6882 6822 or Bob Berry 0418 636 954
BUSINESS REPORT: Available from the exclusive selling agent

Property History for 4 Renshaw St, Binnaway, NSW 2395

A timeline of how this property has performed in the market
Last Sold
$250,000
12 Dec 2019
  • 12 Dec 2019
    Sold for $250,000
  • 11 Sep 2012
    Sold for $250,000
  • 04 Mar 2011
    Listed for Sale OFFERS OVER $95,000 PLUS SAVING
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About Binnaway 2395

The size of Binnaway is approximately 948 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Binnaway in 2011 was 780 people. By 2016 the population was 606 showing a population decline of 22.3% in the area during that time. The predominant age group in Binnaway is 60-69 years. Households in Binnaway are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Binnaway work in a managers occupation. In 2011, 71.1% of the homes in Binnaway were owner-occupied compared with 71.1% in 2016.

Binnaway has 613 properties. Over the last 5 years, Houses in Binnaway have seen a 77.46% increase in median value, while Units have seen a 117.95% increase. As at 30 September 2024:

  • The median value for Houses in Binnaway is $157,585 while the median value for Units is $315,494.
There are currently 3 properties listed for sale, and no properties listed for rent in Binnaway on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Binnaway.

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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.