12-14 Bridge Street EBenalla VIC 3672
Property Details for 12-14 Bridge St E, Benalla
12-14 Bridge St E, Benalla is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 605m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (August 2024)
Welcome to 12-14 Bridge Street Benalla, a truly unique property blending heritage charm with modern versatility. This beautiful two-story building stands as a testament to architectural craftsmanship, boasting a heritage-listed status that adds prestige and character to its allure. Situated in the heart of Benalla's vibrant CBD and only metres away from the stunning Lake Benalla precinct. This one of a kind property offers an exceptional opportunity for both commercial and residential purposes, providing a dynamic space for various ventures.
Purposly built for The Colonial Bank in 1866 this property exudes historic charm with its architectural details, including the original classical safe door. Its heritage listing ensures preservation, adding value and appeal to the premium.
With its spacious layout and strategic location, the property presents an ideal setting for a range of commercial & residential endeavors. The ground floor offers ample space for retail, office, or hospitality ventures, capitalizing on high foot traffic and visibility. The versatile floor plan allows for customization to suit diverse business requirements or
One of the most enticing aspects of this property is its ability to generate dual income streams. The commercial space on the ground floor offers revenue opportunities through lease agreements or business operations, while the residential level provides additional rental income or serves as a luxurious owner's residence. The adaptable nature of the facility caters to a multitude of uses, accommodating the preferences of various investors or occupants. Whether seeking a profitable commercial investment, a distinguished residential abode, or a combination of both, this property offers endless possibilities for creativity and financial gain.
Rarely does a property of this caliber and versatility become available on the market. Investors, entrepreneurs, and discerning individuals alike will appreciate the intrinsic value and potential. The proeprty also boasts further develpment potential at the rear of the block taking full advantage of the stunning views that Lake Benalla has to offer. Get in quick and book your private inspection with Ray White Benalla today - 03 5762 2266.
Property History for 12-14 Bridge St E, Benalla, VIC 3672
- 03 May 2024Listed for Sale $699,000 - $765,000
- 07 Sep 2021Sold for $750,000
- 11 Sep 2020Listed for Sale $795,000
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0About Benalla 3672
The size of Benalla is approximately 315.3 square kilometres. It has 32 parks covering nearly 7.6% of total area. The population of Benalla in 2011 was 10,333 people. By 2016 the population was 10,355 showing a population growth of 0.2% in the area during that time. The predominant age group in Benalla is 60-69 years. Households in Benalla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Benalla work in a trades occupation. In 2011, 67.7% of the homes in Benalla were owner-occupied compared with 67.2% in 2016.
Benalla has 7,136 properties. Over the last 5 years, Houses in Benalla have seen a 57.23% increase in median value, while Units have seen a 49.78% increase. As at 31 October 2024:
- The median value for Houses in Benalla is $428,618 while the median value for Units is $321,076.
- Houses have a median rent of $450 while Units have a median rent of $350.
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