141 Wallace StreetBraidwood NSW 2622
Property Details for 141 Wallace St, Braidwood
141 Wallace St, Braidwood is a 1 bedroom, 1 bathroom House and was built in 1889. The property has a land size of 556m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom House sold in Braidwood in the last 12 months.
Last Listing description (June 2024)
Looking for a serious investment property in a thriving growing country town or looking to secure your own business premises? Opportunities like this on the main street of historic Braidwood do not come up often. This beautiful historic building offers a world of history and was formally known as 'The Christmas Shoppe' in its most recent life. The question is.... What beautiful speciality shop will it be next?
Featuring double French doors, two large glass display windows, high pressed tin ceilings, light filled open retail space complete with cosy wood fireplace.
Tucked away behide the shop front is a compact basic kitchen and storeroom with outside WC. Upstairs offers three large rooms, suitable as office and store rooms opening out onto the balcony overlooking the bustling township.
The land is a long block of 556.4sqm (approx.) with rear lane access, giving the tenant or building owner, off street parking and ease of deliveries.
There are many small businesses looking to lease commercial spaces like this and the potential rental return would be $550pw plus outgoings downstairs and $250pw upstairs to business professionals. There are two rear doors at the back of the building offering dual access.
NOTE some renovations have been made since photos were taken and any lending organization would consider this property 'Commerical' lending with a 15-year term. Please keep this in mind before you book an inspection.
Property History for 141 Wallace St, Braidwood, NSW 2622
- 24 Apr 2024Sold for $510,000
- 14 Feb 2024Listed for Sale $559,000
- 05 Jul 2023Sold
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About Braidwood 2622
The size of Braidwood is approximately 234.6 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Braidwood in 2011 was 1,498 people. By 2016 the population was 1,641 showing a population growth of 9.5% in the area during that time. The predominant age group in Braidwood is 50-59 years. Households in Braidwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Braidwood work in a professional occupation. In 2011, 70.3% of the homes in Braidwood were owner-occupied compared with 65.7% in 2016.
Braidwood has 1,292 properties. Over the last 5 years, Houses in Braidwood have seen a 64.70% increase in median value, while Units have seen a 6.88% increase. As at 31 July 2024:
- The median value for Houses in Braidwood is $713,815 while the median value for Units is $459,884.
- Houses have a median rent of $500 while Units have a median rent of $410.
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