SOLD
Sold on 25 Jan 2024 for $662,000

195 Bridge Street E
Benalla VIC 3672

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 742m2
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Property Details for 195 Bridge St E, Benalla

Building Type
Commercial
Land Size
742m2
Local Government
Benalla
Lot/Plan
1/PS539841

Last Listing description (July 2024)

Don't miss out on this fantastic opportunity to secure a prime commercial space in a highly sought-after location. This exceptional property on Bridge Street offers a prime opportunity for a business looking to establish a presence in a bustling area or expand on your existing one.

With a generous land area of 742 sqm and a spacious building area of 400 sqm, there is ample room for retail space, storage, and more. The property is versatile and can accommodate a variety of businesses.

There is 5kw solar installed to help reduce your electricity bills.

Available for lease at $1000 per week, plus GST and outgoings. (Approx. $5500 pa)

Contact Leann at Ray White Benalla today to arrange a viewing and take the next step towards establishing or expanding your business in Benalla.

Property History for 195 Bridge St E, Benalla, VIC 3672

A timeline of how this property has performed in the market
Last Sold
$662,000
25 Jan 2024
Listed for Rent
$1.10k/w
28 May 2024
  • 28 May 2024
    Listed for Rent $57,200 / year
  • 25 Jan 2024
    Sold for $662,000
  • 15 Nov 2023
    Listed for Sale $690,000 No GST
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About 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 7,120 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.
There are currently 55 properties listed for sale, and 23 properties listed for rent in Benalla on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Benalla.

Suburb Insights for Benalla 3672

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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.