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Sold on 15 Mar 2024 for $1,385,000

55 Ford Street
Beechworth VIC 3747

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 278m2
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Property Details for 55 Ford St, Beechworth

55 Ford St, Beechworth is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 278m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Beechworth in the last 12 months.

Building Type
House
Land Size
278m2
Local Government
Indigo
Lot/Plan
1/TP963792

Last Listing description (March 2024)

Discover the diversity of this unique property positioned in the centre of thriving Beechworth at the corner of Ford Street and Star Lane, where residential and commercial opportunities converge.

Presenting a tri-fold investment potential:

1. Gammons Accommodation: Step into history with this charming 2-bed, 1-bath residence – a heritage gem constructed around 1865. Currently utilised as sought-after holiday accommodation, it features a fantastic balcony that offers panoramic views along Ford Street, adding a touch of historical charm to contemporary living. Currently in a secure lease at $2002 per calendar month.

2. Vacant Commercial Space: Spanning approx. 71 sq. m, this recently renovated commercial space awaits your entrepreneurial touch. Perfectly poised for a variety of ventures, from a gourmet restaurant or cafe to an inspiring gallery - the possibilities are limitless.

3. Beechworth Laundromat: Enhance your investment portfolio with the inclusion of the Beechworth Laundromat – a thriving business opportunity. Catering to the local community's needs, this established venture adds a dynamic layer to this diverse property mix.

With off-street parking for three vehicles and a storage shed at the rear, you can seize the chance to own a property that not only encapsulates history but also propels you into a future brimming with potential.

This is more than a real estate investment - it's an invitation to shape your investment portfolio with a multi-faceted business in the heart of Beechworth.

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Property History for 55 Ford St, Beechworth, VIC 3747

A timeline of how this property has performed in the market
Last Sold
$1,385,000
15 Mar 2024
Listed for Rent
$422/w
05 Jul 2024
  • 11 Apr 2024
    Listed for Rent $1,833 / year
  • 21 Feb 2024
    Sold for $1,385,000
  • 25 Jan 2024
    Listed for Sale $1,385,000
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About Beechworth 3747

The size of Beechworth is approximately 164.9 square kilometres. It has 23 parks covering nearly 59.2% of total area. The population of Beechworth in 2011 was 3,559 people. By 2016 the population was 3,864 showing a population growth of 8.6% in the area during that time. The predominant age group in Beechworth is 60-69 years. Households in Beechworth are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Beechworth work in a professional occupation. In 2011, 75% of the homes in Beechworth were owner-occupied compared with 74.2% in 2016.

Beechworth has 2,646 properties. Over the last 5 years, Houses in Beechworth have seen a 73.06% increase in median value, while Units have seen a 62.19% increase. As at 31 August 2024:

  • The median value for Houses in Beechworth is $796,449 while the median value for Units is $444,253.
  • Houses have a median rent of $495 while Units have a median rent of $340.
There are currently 75 properties listed for sale, and 7 properties listed for rent in Beechworth on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Beechworth.

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Tony Stockdale
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Janet Friend
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First National Real Estate - Bonnici & Associates
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