SOLD
Sold on 21 Jul 2024 for $500,000

107 Main Street
Grenfell NSW 2810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 569m2
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Property Details for 107 Main St, Grenfell

Building Type
Commercial
Land Size
569m2
Local Government
Weddin
Lot/Plan
1/DP333399

Last Listing description (June 2023)

107 Main Street is a perfect blend of work and play in a double storey building, in the heart of the Grenfell Main Street. Combining a fully renovated 3-bedroom modern style home upstairs and an open plan shopfront downstairs, this property is the perfect lifestyle for modern living upstairs with an income downstairs.

One of only a handful of buildings in the Grenfell Main Street that have the split level, plus incorporating a balcony, the upstairs section of this property is sure to impress. Following the recent completion of the renovations, the interior is now a modern style home with nothing to do but move the furniture in. All three bedrooms now include a built-in robe, new carpets and new lighting. An elegantly appointed kitchen with exquisite black fixtures and fittings is striking in the overall styling of the property. The modern style of blacks and whites have continued through into the bathroom with a black frame glass shower and black fittings, vanity with black fittings, storage options and provision for washing machine, a clever design for the space. For everyday living, adjoining dining and living areas create a lovely flow through effect with hanging pendant lighting and range of options for furniture layouts, plus the option to utilise the cavity sliding doors to create separate areas if needed. The north facing balcony overlooks the heart of the CBD, ideal spot to soak up the sunshine, watching the world go by.


The commercial space downstairs has not missed out on the fun of the renovations with an overhaul in recent times. The shopfront has a kitchenette, toilet, office area in addition to the expansive open floor space for customer service area. The commercial space has a fixed lease in place to a quality tenant, any details surrounding the lease including lease term, rental income can be discussed and provided to buyers following the completion of a confidentiality agreement between vendor and potential buyer. Under the current floorplan layout, new owners have the option for future changes for the commercial space as a possibility. If you are looking to secure your own shopfront, in absolute prime location, for your own business venture, this will provide opportunities to a wide array of businesses and industries.

Sitting on a 569sq m block, 107 Main Street has a fenced backyard with rear lane access, older style garage and plenty of off-street parking in the rear if required. An opportunity to secure a move in ready 3-bedroom home in addition to income from half the building is a rare proposition and one not to be missed.

Property History for 107 Main St, Grenfell, NSW 2810

A timeline of how this property has performed in the market
Last Sold
$500,000
21 Jul 2024
  • 21 Jul 2024
    Sold for $500,000
  • 11 May 2023
    Listed for Sale $550,000
  • 21 Nov 2017
    Listed for Sale WIWO
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About Grenfell 2810

The size of Grenfell is approximately 878 square kilometres. It has 16 parks covering nearly 7.2% of total area. The population of Grenfell in 2011 was 2,583 people. By 2016 the population was 2,561 showing a population decline of 0.9% in the area during that time. The predominant age group in Grenfell is 60-69 years. Households in Grenfell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Grenfell work in a managers occupation. In 2011, 73.6% of the homes in Grenfell were owner-occupied compared with 73.2% in 2016.

Grenfell has 1,845 properties. Over the last 5 years, Houses in Grenfell have seen a 43.48% increase in median value, while Units have seen a 31.52% increase. As at 30 November 2024:

  • The median value for Houses in Grenfell is $265,616 while the median value for Units is $302,128.
  • Houses have a median rent of $320.
There are currently 44 properties listed for sale, and 1 property listed for rent in Grenfell on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Grenfell.

Suburb Insights for Grenfell 2810

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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.