SOLD
Sold on 22 Jul 2024 for $575,000

37 High Street
Barnawartha VIC 3688

Bedrooms: 3
Bathrooms: -
Car spaces: 2
Land area: 766m2
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Property Details for 37 High St, Barnawartha

37 High St, Barnawartha is a 3 bedroom, 0 bathroom House with 2 parking spaces. The property has a land size of 766m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Barnawartha in the last 12 months.

Building Type
House
Land Size
766m2
Local Government
Indigo
Lot/Plan
1/TP10050

Last Listing description (August 2020)

Post Office Building Attached Residence

The Post Office originally built in 1800 still retains the old world charm of the classic general store however the shop and residence have been transformed over the last years and recent renovations have bought it into the 21st century.


The retail area has had approximately 25m2 of flooring strengthened and replaced, 33 new sorting boxes installed along with a service area, new display shelving and carpet replaced.

The three (3) bedroom, two (2) bathroom residence has undergone a major renovation in the last four years with flooring in one bedroom completely replaced, built in wardrobes added to both bedrooms, all doors and door frames replaced with four panel doors and ash frames, new light and electrical, all rooms now connected to the ducted air conditioning, freshly painted in contemporary colours and new carpet installed. The galley kitchen comprises of electric induction hot plates and oven, Fisher Paykel dish draws.

The master bedroom ensuite has been completely remodelled with the addition of a large built in robe, 1200 x 900 shower and timber flooring.

In 2015 the decision was made to convert the two car garage into a fully lined room, epoxy painted floors, sealed in roller doors and with the addition of a dividing wall a 6 x 3.3 meter carpeted study and teenager retreat or man cave has been added to the residence which can easily be converted to a fourth bedroom.

Both shop and residence have evaporated air conditioning and both have gas heating.

Corner site in the centre of Barnawartha, the block is very deep with plenty of space, with lovely lawns, garden outdoor living and has sample shedding with power.

To the right side of the shop, there is an area of opportunity in the future to expand the shop area, making available space for more post office boxes, storage and a wider range of Australia Post Products.

The Business

This is an easily run LPO and newsagency that is ideally suited to a couple with teenage children, it has one Eftpos terminal, 170 PO boxes, 120 over the counter mail collection customers.

The business incorporates the RSD rural mail delivery contract (MSS 1879) that consists of 220 drop point spread over 190km of Indigo Valley and outer Barnawartha roads that takes approximately three hours per day.

There is a wide range of AusPost products ranging from gift ware to all domestic, express and international post and packaging material, fax, scan and email services are also offered as well as copying and laminating up to A3 colour.

The local authorised newsagency was combined with the post office in 2000 substantially expanding the business and improving profitability, the newsagency comes with territorial rights which covers Barnawartha North to Springhurst and now services six sub agencies in the local area.

The business is also the local area Elgas depot consisting of BBQ Swap N Go cylinders, refilling of various size cylinders and home delivery of the domestic 45kg cylinders which returned $5,260 last year and is showing grow of approximately 30% year on year.





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Property Code: 1276

Property History for 37 High St, Barnawartha, VIC 3688

A timeline of how this property has performed in the market
Last Sold
$575,000
22 Jul 2024
  • 22 Jul 2024
    Sold for $575,000
  • 04 Nov 2020
    Sold for $549,000
  • 12 Jul 2018
    Listed for Sale CONTACT AGENT
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About Barnawartha 3688

The size of Barnawartha is approximately 54 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Barnawartha in 2011 was 944 people. By 2016 the population was 898 showing a population decline of 4.9% in the area during that time. The predominant age group in Barnawartha is 50-59 years. Households in Barnawartha are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Barnawartha work in a trades occupation. In 2011, 82.6% of the homes in Barnawartha were owner-occupied compared with 84.1% in 2016.

Barnawartha has 517 properties. Over the last 5 years, Houses in Barnawartha have seen a 79.33% increase in median value. As at 30 September 2024:

  • The median value for Houses in Barnawartha is $509,677 while the median value for Units is $365,307.
  • Houses have a median rent of $320.
There are currently 1 property listed for sale, and no properties listed for rent in Barnawartha on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Barnawartha.

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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.