OFF MARKET

12755 Princes Highway
Brogo NSW 2550

Bedrooms: 6
Bathrooms: 5
Car spaces: 52
Land area: 145800m2
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Property Details for 12755 Princes Hwy, Brogo

12755 Princes Hwy, Brogo is a 6 bedroom, 5 bathroom House with 52 parking spaces. The property has a land size of 145800m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Land Size
145800m2
Local Government
Bega Valley
Lot/Plan
40/DP844625

Last Listing description (September 2020)

L5427. This property could provide you with the perfect opportunity to combine that longed for lifestyle change with the chance to be your own boss.Originally established as a restaurant and function centre, the property has been further developed over the years to also include 3 regularly booked boutique accommodation cabins, with approval to build another 3. The property also includes a 4 bedroom, 2 bathroom onsite residence, making running your business from home both affordable and practical.The fully licensed function centre is registered with Council and is complete with all equipment and inventory required to run a commercial kitchen and bar that can cater for up to 180 guests. The current owners are not chefs, but have a number of reliable and willing part time staff that they can call upon if and as required.Past years have seen the function centre used as a popular and highly regarded wedding venue, however there is tremendous potential to diversify or expand the business. Featuring floor to ceiling windows overlooking established gardens and bushland, the centre is an inviting and beautiful space that can easily be adapted to cater for large or small functions, corporate training, art or health retreats, a cafe or restaurant.Its prominent position just off the highway make it easily accessible and ideal for attracting passing trade.Set within 36 acres, the residence, function centre and cabins are well located within a few acres of the established grounds, whilst a short easy walk down through open paddocks gives you direct access to either the Brogo River or across Browns Creek and up into natural bushland, providing opportunities also for eco tourism ventures.If this sounds like the opportunity you have been waiting for, please contact the agent for a detailed information package.

Property History for 12755 Princes Hwy, Brogo, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$790,000
26 Jul 2017
  • 05 Mar 2024
    Sold
  • 25 Jun 2020
    Listed for Sale $860,000
  • 26 Jul 2017
    Sold for $790,000
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About Brogo 2550

The size of Brogo is approximately 395.8 square kilometres. It has 3 parks covering nearly 65.5% of total area. The population of Brogo in 2011 was 508 people. By 2016 the population was 512 showing a population growth of 0.8% in the area during that time. The predominant age group in Brogo is 60-69 years. Households in Brogo are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Brogo work in a managers occupation. In 2011, 86.3% of the homes in Brogo were owner-occupied compared with 84% in 2016.

Brogo has 332 properties. Over the last 5 years, Houses in Brogo have seen a 49.33% increase in median value, while Units have seen a 54.12% increase. As at 30 September 2024:

  • The median value for Houses in Brogo is $746,010 while the median value for Units is $846,839.
There are currently 7 properties listed for sale, and no properties listed for rent in Brogo on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Brogo.

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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.