SOLD
Sold on 18 Apr 2024 for $950,000

202 Wallace Street
Braidwood NSW 2622

Bedrooms: 1
Bathrooms: 3
Car spaces: -
Land area: 676m2
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Property Details for 202 Wallace St, Braidwood

202 Wallace St, Braidwood is a 1 bedroom, 3 bathroom House. The property has a land size of 676m2. 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.

Building Type
House
Land Size
676m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
1/DP852560

Last Listing description (June 2024)

Recently completely refurbished with all new plumbing and electrical, new commercial kitchen and bathrooms this 1860's building is now much better than new. Trading successfully as Braidwood's most popular restaurant for over 40 years this presents a fantastic opportunity for a husband and wife team, there is even upstairs accommodation for live in owners. Inside there is comfortable seating for up to 50 with newly installed reverse cycle air.con. Period features have been maintained and enhanced, original timber flooring polished and sealed and is now a real showpiece.
The wrap around veranda seats around 20 and on the northern side the shady beer garden seats between 50 and 70, this is an area that could be used for casual functions with plenty of space for entertainers. It is also dog friendly so offers another option for day trippers with their furry companions.
The property is being sold with all fixtures, fittings, furniture and crockery so you can hit the ground running.

The prime location fronting the busy Kings Highway with over 3 million traffic movements per year assures a strong visual presence and with an excellent local following surely is a recipe for continued success.

KEY POINTS:
-Fully licensed restaurant.
-Totally refurbished with new commercial kitchen and bathrooms.
-Seats 50 inside.
-Seats 20 on veranda.
-Seats up to 70 in beer garden.
-On site accommodation.
-Braidwood's most successful restaurant for over 40 years.
- Great street appeal and strong visual presence.

Property History for 202 Wallace St, Braidwood, NSW 2622

A timeline of how this property has performed in the market
Last Sold
$950,000
18 Apr 2024
Listed for Rent
$600/w
06 Feb 2016
  • 18 Apr 2024
    Sold for $950,000
  • 23 Jun 2023
    Listed for Sale $950,000
  • 18 Dec 2019
    Sold for $400,000
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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.
There are currently 2 properties listed for sale, and 1 property listed for rent in Braidwood on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Braidwood.

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Landmark Harcourts Braidwood
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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.