OFF MARKET

12 Delany Avenue
Bright VIC 3741

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 758m2
Land area: 1248m2
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Last updated 11 Nov 2024
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Property Details for 12 Delany Ave, Bright

12 Delany Ave, Bright is a bedroom, bathroom House. The property has a land size of 1248m2 and floor size of 758m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
House
Floor Size
758m2
Land Size
1248m2
Local Government
Alpine
Lot/Plan
1/PS739486

Last Listing description (March 2016)

Multi-income generating business with significant freehold infrastructure located prominently alongside the Great Alpine Road and adjacent the entry/exit to one of Australia's largest and most visited holiday parks at Bright in North East Victoria.
The retail shop sells a wide variety of goods including magazines, confectionary and soft drinks and could be expanded to include take away food and other items.
An inspection of the two fully self contained holiday apartments that are located on the ground floor of the main building is a delightful surprise. Both apartments are very spacious, interconnecting and combined capable of sleeping up to 12 people. This style of accommodation is very well suited to

families and groups of various pursuits that visit Bright.
This is a great opportunity for an incoming purchaser, whether they be an investor, couple or family unit. The owners will consider offering vendor finance terms to the right buyer.
Further income generation is possible through improved marketing of the two ground floor holiday apartments, as they are not actively marketed or currently bookable on the internet.
The same could be done for the two apartments upstairs.
The accommodation infrastructure definitely has various possibilities available.
Contact our business broker David Kelly for further information on 0412 418 428 or send us an email.

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Property History for 12 Delany Ave, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Sold
$740,000
22 Nov 2016
  • 22 Nov 2016
    Sold for $740,000
  • 21 Jan 2016
    Listed for Sale Freehold & Business $1,430,000
  • 10 May 2013
    Listed for Sale $495,000 PLUS STOCK AT VALUE
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About Bright 3741

The size of Bright is approximately 133.5 square kilometres. It has 14 parks covering nearly 35.2% of total area. The population of Bright in 2011 was 2,165 people. By 2016 the population was 2,423 showing a population growth of 11.9% in the area during that time. The predominant age group in Bright is 60-69 years. Households in Bright are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bright work in a managers occupation. In 2011, 68.8% of the homes in Bright were owner-occupied compared with 69.4% in 2016.

Bright has 2,278 properties. Over the last 5 years, Houses in Bright have seen a 73.28% increase in median value, while Units have seen a 32.89% increase. As at 31 October 2024:

  • The median value for Houses in Bright is $1,003,202 while the median value for Units is $491,821.
  • Houses have a median rent of $590 while Units have a median rent of $425.
There are currently 2 properties listed for sale, and no properties listed for rent in Bright on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Bright.

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