OFF MARKET

123 Napier Street
St Arnaud VIC 3478

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 1603m2
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Property Details for 123 Napier St, St Arnaud

123 Napier St, St Arnaud is a 4 bedroom, 2 bathroom House. The property has a land size of 1603m2.

Building Type
House
Land Size
1603m2
Local Government
Northern Grampians

Last Listing description (September 2020)

Pan the river of opportunity with this Fabulous 1873 Victorian Hotel ,Country Motel, Shop & Luxury Residence
Country Victoria is fast turning into a road map of eateries, wineries, B&B destinations and Silo Art Trails
Poised in the centre of a historic streetscape in the gold rush town of St Arnaud this property still captivates travelers and locals

Think Silo Art Trails , Classic Cars & Bike Runs , Greying nomads traveling through on a daily basis seeking respite in accommodation artisan foods and fine wines
This charming property runs partly on autopilot from regular motel sales andrental revenue from the leased shop Scrappy Cocos Collectables
Get in on the ground floor with this gorgeous freehold property in close proximity to the many Pyrenees Vineyards
To make this a perfect match, you'll probably be foodie sorts who appreciate splatters on canvas,can recommend a tipple, and know how to run a hospitality venue
Its High Time for your Kitchen to Rule with the Ground Floor Bar, Bistro Restaurant, Commercial kitchen all awaiting your Magic touch
The Spaciousness of the upper floor provides you a luxurious owners residence & managers suite while leaving plenty more room to live and love in
Completing the picture is a separate Shop & Art Studio, workshop, standalone storeroom and a Secret Garden with fruit & nut bearing trees
If you want to see real change this tree change is a NO BRAINER @ $750k freehold
First time offered for sale in 18 years the current owners are heading for semi retirement & willing to lease the retail shop & workshops for a further 2 years
You get Instant income - Plenty of room to expand business provide jobs for the whole family should you desire or live in or lease out
This property will make you reconsider why you are still persevering in the city chaos & suburbia
Why battle the trafficwhen a calmer life awaits you here and business knocks on your door daily
So what are you buying.......
The property is situated on approx. 1630 sqm block of land in the center of town with over 1650 sqm of floor space
More than enough for the whole family or a group to follow your dreams
Live and operate or live and lease a property which oozes yesteryear charm with modern accouterments
Ground floor houses original art deco bar, bistro area ,fireside lounge , dining rooms wine cave, restaurant, commercial kitchen, laundry, motel reception hotel lobby and office and entry leading to the grand staircase to the upper floor
Upper floor consists of two wings, one houses a luxurious owners residence comprising master bed and 3 bedrooms /office bathroom dining room 2 lounges and a large bathroom , The west wing houses a managers suite plus 4 bedrooms 2 bathrooms and storeroom and room for expansion
Successful and Operational Motel standalone with 5 self-contained Units and off street parking for 8 cars also providing a further 2 spaces for owners
Retail Shop with adjoining Studio has a fire place and soaring timber ceilings with skylight adjacent storeroom with separate toilet and workshops with tenants 2 car spaces
Private garden with fruiting walnut, lemon & peach trees
Cast iron lacework verandah along the streetscape , open fire places , original carriageway and a myriad of unique features
The sale is freehold property with motel business included and current liquor on premise licenses and websites ,blogs ,prepaid advertisement, and the current owner as shop tenant for two years
There are chattels available which can be finalized on agreement with purchaser dependent on their needs
Section 32 will be forth coming in event of a pending sale

Property History for 123 Napier St, St Arnaud, VIC 3478

A timeline of how this property has performed in the market
  • 30 Sep 2019
    Listed for Sale $901,000
  • 21 Mar 1992
    Listed for Sale Not Disclosed

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About St Arnaud 3478

The size of St Arnaud is approximately 70 square kilometres. It has 8 parks covering nearly 29.1% of total area. The population of St Arnaud in 2011 was 2,618 people. By 2016 the population was 2,178 showing a population decline of 16.8% in the area during that time. The predominant age group in St Arnaud is 60-69 years. Households in St Arnaud are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St Arnaud work in a labourer occupation. In 2011, 76% of the homes in St Arnaud were owner-occupied compared with 75.8% in 2016.

St Arnaud has 1,665 properties. Over the last 5 years, Houses in St Arnaud have seen a 75.43% increase in median value, while Units have seen a -2.76% decrease. As at 31 October 2024:

  • The median value for Houses in St Arnaud is $260,668 while the median value for Units is $193,655.
  • Houses have a median rent of $325 while Units have a median rent of $175.
There are currently 13 properties listed for sale, and no properties listed for rent in St arnaud on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in St arnaud.

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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.