OFF MARKET

123-125 Delany Avenue
Bright VIC 3741

Bedrooms: 4
Bathrooms: -
Car spaces: 6
Land area: 2595m2
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Property Details for 123-125 Delany Ave, Bright

123-125 Delany Ave, Bright is a 4 bedroom, bathroom Unit with 6 parking spaces. The property has a land size of 2595m2. While the property is not currently for sale or for rent, it was last transferred in August 2021.

Building Type
Unit
Land Size
2595m2
Local Government
Alpine
Lot/Plan
15S~C/PP2227

Last Listing description (June 2017)

On offer is the large site of just on 2/3rds of an acre, with frontage to Delany Avenue affording wonderful exposure to all the passing visitors in town. The property encompasses the main building plus 3 further wings of bedrooms (7 double rooms and 6 single rooms) each with their own ensuite, as well as a central garden area with BBQ gazebo and plenty of shade to relax under. Previously a care facility, this property would make for an ideal group accommodation property or reception centre perhaps. The main building itself encompasses 5 guest bedrooms with shared his and hers bathrooms, plus owner/manager quarters that has a bedroom, bathroom and large living space. The centrally located commercial kitchen has a servery that opens into a large open room, just ideal for dining and living space, along with a second separate living space for guests as well. An incredibly unique opportunity and a property that needs to be inspected to see its full potential.

Property History for 123-125 Delany Ave, Bright, VIC 3741

A timeline of how this property has performed in the market
Last Transferred
14 Aug 2021
  • 14 Aug 2021
    Transferred
  • 06 Apr 2017
    Sold for $595,000
  • 30 Mar 2017
    Listed for Sale $640,000 (under offer)
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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.

Suburb Insights for Bright 3741

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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.