SOLD
Sold on 14 Jun 2024 for $625,400

59-61 Pynsent Street
Horsham VIC 3400

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 500m2
Land area: 609m2
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Property Details for 59-61 Pynsent St, Horsham

Building Type
Commercial
Floor Size
500m2
Land Size
609m2
Local Government
Horsham
Lot/Plan
1/TP533491

Last Listing description (May 2019)

Horsham is considered the geographical and economic capital of the Wimmera servicing a large rural farming region in conjunction with a number of smaller rural townships within a 100km radius.
Rarely does the opportunity arise to purchase a landmark local business in the strong retail centre of one of Victoria s major regional cities that can boast the support of a large nationally based franchise, proven business systems and procedures, access to valuable product knowledge and established product base.
Supported by a large loyal client base of regular customers and showing outstanding annual turnover and margins this outstanding local business commands a prominent central location, abundant convenient long term parking and is supported by a team of experienced long term staff members.

The sale of this iconic business combine two business in one allowing a steady flow of cross selling opportunities and providing a one stop shop for customers all under the one roof.
TOYWORLD HORSHAM:
Located in its current location for an excess of 35 years this locally owned and operated business is part of Australia s largest retail chain of specialist toy stores offering its loyal customer base a diverse range of toys, games and puzzles along with specialist indoor and outdoor activity items.
Whilst maintaining local independence Toyworld Horsham is part of the Associated Retailers Limited (ARL) franchise enabling the joint buying power of over 1000 independent businesses across Australia and New Zealand and allowing it to participate in various catalogues and promotions within its defined franchise area.
JUST JUNIORS:
Established in 1971 in an adjoining location Just Juniors became part of Toyworld Horsham in 2000 to provide a one stop shopping experience combining an extensive range of exclusive children s fashion, car seats, prams and nursery items with existing Toyworld stock all under one roof.
Just juniors is renowned for its versatile range of quality clothing brands, giftware, Manchester, linen and accessories and is the only independent retailer for numerous car seats, prams and nursery items in the region complimenting the extensive range of items within the Toyworld store.

Property History for 59-61 Pynsent St, Horsham, VIC 3400

A timeline of how this property has performed in the market
Last Sold
$625,400
14 Jun 2024
  • 14 Jun 2024
    Sold for $625,400
  • 17 Jun 2016
    Listed for Sale $275,000 + SAV
  • 15 Jan 2004
    Sold for $615,000

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About Horsham 3400

The size of Horsham is approximately 23.9 square kilometres. It has 42 parks covering nearly 6.4% of total area. The population of Horsham in 2011 was 14,284 people. By 2016 the population was 14,550 showing a population growth of 1.9% in the area during that time. The predominant age group in Horsham is 20-29 years. Households in Horsham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Horsham work in a professional occupation. In 2011, 66.8% of the homes in Horsham were owner-occupied compared with 66.3% in 2016.

Horsham has 9,427 properties. Over the last 5 years, Houses in Horsham have seen a 65.49% increase in median value, while Units have seen a 55.35% increase. As at 31 August 2024:

  • The median value for Houses in Horsham is $374,806 while the median value for Units is $295,685.
  • Houses have a median rent of $390 while Units have a median rent of $340.
There are currently 93 properties listed for sale, and 28 properties listed for rent in Horsham on OnTheHouse. According to CoreLogic's data, 391 properties were sold in the past 12 months in Horsham.

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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.