37-39 Mitchell StreetBourke NSW 2840
Property Details for 37-39 Mitchell St, Bourke
37-39 Mitchell St, Bourke is a bedroom, bathroom House. The property has a land size of 876m2. While the property is not currently for sale or for rent, it was last sold in August 2014.
Last Listing description (February 2014)
Bakery / Cafe - Est. 107 years incl. FREEHOLD
Highly profitable country bakery / cafe.
- Solid business, operated by one family for the past 107 years.
- Servicing two major highways.
- The sole bakery within 150kms.
- Providing wholesale products to local and surrounding supermarkets, service stations, cafes, hospital, schools and other stores.
- Very high profitability.
- Annual turnover of more than $1 million.
- Current owners are retiring and reluctantly selling.
- Modern retail area with seating for 70 people.
- Large and fully equipped production area.
- Replacement plant and equipment value of approximately $1,000,000.
- Opportunity to experience country lifestyle whilst making large savings.
- Owners have flexible working hours with staff in place.
- Good tourist season through March-November with the opportunity for owners to holiday during summer/ Christmas holiday season.
Additional Details
Years Established: 107
Gross Turnover: 1,087,080
Stock Included: No
Approximate Stock Value: 30,000
Floor Area: 585m2
Property Title Included: Yes
Price $490,000 (Incl Freehold) All offers considered
Property History for 37-39 Mitchell St, Bourke, NSW 2840
- 07 Aug 2014Sold for $310,000
- 06 Nov 2013Listed for Sale 490000
- 30 Jun 2002Sold for $130,000
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0About Bourke 2840
The size of Bourke is approximately 3,874.8 square kilometres. It has 15 parks. The population of Bourke in 2011 was 2,465 people. By 2016 the population was 1,909 showing a population decline of 22.6% in the area during that time. The predominant age group in Bourke is 0-9 years. Households in Bourke are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bourke work in a community and personal service occupation. In 2011, 50.9% of the homes in Bourke were owner-occupied compared with 49.1% in 2016.
Bourke has 1,349 properties. Over the last 5 years, Houses in Bourke have seen a 17.13% increase in median value, while Units have seen a -8.58% decrease. As at 31 October 2024:
- The median value for Houses in Bourke is $127,140 while the median value for Units is $211,058.
- Houses have a median rent of $290.
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