OFF MARKET

52 Cowper Street
Stroud NSW 2425

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3730m2
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Property Details for 52 Cowper St, Stroud

Building Type
Commercial
Land Size
3730m2
Local Government
Mid-Coast
Lot/Plan
1/DP1106136

Last Listing description (June 2021)

Positioned on the popular Bucketts Way, the Central Hotel at Stroud has been successfully servicing a strong tourist and local trade since the 1930's. Built circa 1913 and positioned on a commanding 3,730sqm* corner block, the property is zoned RU5 Village and has tremendous expansion or development potential (STCA).

Including five poker machine entitlements with updated hardware, the hotel also offers 12 clean and modern accommodation rooms, full commercial kitchen and a separate fully self-contained on-site manager's residence. The tenants report enjoyable trading conditions and growth in all hospitality areas of the hotel. Inspection is highly recommended.

- New 10 + 10 year lease

- Net income $225,000* pa
- Immaculate heritage hotel
- Popular tourist pub on Bucketts Way
- Five poker machine entitlements
- 12 accommodation rooms

*Approximately

Highlights:
* New 10 + 10 year lease
* Popular pub on Bucketts Way
* 12 accommodation rooms

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Property History for 52 Cowper St, Stroud, NSW 2425

A timeline of how this property has performed in the market
Last Sold
$1,750,000
24 Jun 2021
  • 24 Jun 2021
    Sold for $1,750,000
  • 21 May 2021
    Listed for Sale Expressions of Interest
  • 16 Dec 2020
    Sold for $950,000
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About Stroud 2425

The size of Stroud is approximately 176.9 square kilometres. It has 1 park covering nearly 23.6% of total area. The population of Stroud in 2011 was 1,022 people. By 2016 the population was 923 showing a population decline of 9.7% in the area during that time. The predominant age group in Stroud is 40-49 years. Households in Stroud are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stroud work in a trades occupation. In 2011, 80.8% of the homes in Stroud were owner-occupied compared with 79.4% in 2016.

Stroud has 615 properties. Over the last 5 years, Houses in Stroud have seen a 51.68% increase in median value, while Units have seen a 58.88% increase. As at 30 November 2024:

  • The median value for Houses in Stroud is $601,354 while the median value for Units is $515,693.
  • Houses have a median rent of $400.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Stroud on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Stroud.

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