80 Main StreetRutherglen VIC 3685
Property Details for 80 Main St, Rutherglen
80 Main St, Rutherglen is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 1899. The property has a land size of 1382m2 and floor size of 342m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
Last Listing description (March 2017)
This magnificent and historic property, right in the centre of ever popular Rutherglen, comes to market with the appeal and potential that are often sought.
Originally constructed in 1899 and operated as the Bank of Australasia, the former shop front area now serves as an impressive formal lounge and dining area, complete with a large combustion wood heater, ceiling fans and has fantastic storage facilities in the form of the old bank vault.
Downstairs you will find a large commercial style kitchen and a roomy second living area, and I must mention the cellar to store all those wonderful Rutherglen wines.
Beyond the courtyard and shady garden, you have vehicle access via Murray Street leading to a single lock up garage and double carport, plus an original old stable building. If only the walls could talk - Im sure there are many stories to be told!
There is sufficient undeveloped land at the rear that could be developed or subdivided (STCA).
Rutherglen is only 3 hours north of Melbourne and only 25 minutes from thriving Albury Wodonga. Rutherglen is 10km from the River Murray and is a well renowned food and wine gourmet region.
The opportunity exists to purchase this property, all on 1348m2, and make it your private residence or negotiate with the current owners in order to continue operating as a 4.5 star bed and breakfast.
The choice and dream is yours.
Property History for 80 Main St, Rutherglen, VIC 3685
- 03 Sep 2015Sold for $635,000
- 21 Oct 2013Listed for Sale $695,000
- 10 Mar 2011Listed for Sale 845000
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About Rutherglen 3685
The size of Rutherglen is approximately 125.4 square kilometres. It has 8 parks covering nearly 1% of total area. The population of Rutherglen in 2011 was 2,479 people. By 2016 the population was 2,378 showing a population decline of 4.1% in the area during that time. The predominant age group in Rutherglen is 60-69 years. Households in Rutherglen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rutherglen work in a labourer occupation. In 2011, 73% of the homes in Rutherglen were owner-occupied compared with 73.6% in 2016.
Rutherglen has 1,610 properties. Over the last 5 years, Houses in Rutherglen have seen a 81.37% increase in median value, while Units have seen a 81.52% increase. As at 31 October 2024:
- The median value for Houses in Rutherglen is $509,511 while the median value for Units is $338,564.
- Houses have a median rent of $500 while Units have a median rent of $350.
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