OFF MARKET

95-101 Napier Street
St Arnaud VIC 3478

Bedrooms: 11
Bathrooms: 5
Car spaces: -
Land area: 1910m2
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Property Details for 95-101 Napier St, St Arnaud

95-101 Napier St, St Arnaud is a 11 bedroom, 5 bathroom House and was built in 1901. The property has a land size of 1910m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1901
Land Size
1910m2
Local Government
Northern Grampians
Lot/Plan
1/TP410984

Last Listing description (May 2017)

This grand iconic building, built circa 1901, the former Commonwealth Hotel, sits in a commanding position in the historic town of St Arnaud; with a 100 wide street frontage it is has a highly visible presence to both locals and visitors alike, and offers a plethora of exciting opportunities for its next owner to explore.
Now unlicensed, the freehold property, with its main building, 25 foot driveway with double carport and an additional brick building on the 1800m2 site could be transformed (subject to council approval) to accommodate a wide range of uses, including: retail, commercial, hospitality/tourism or a blend of mixed tenancies.
The building itself has two commercial kitchens, several bathrooms, laundry, underground cellar, cool room, internal staircase, male and female toilets, fireplaces, lounge/dining rooms, up to 11 bedrooms including a caretakers/owners residence. Well preserved, the building still has an imposing facade and inside there are clear options to adapt to facilitate great versatility of usage.

There is an additional piece of land at the rear of the building on a separate title with access to McMahon Street, this is also available for sale, separately or in conjunction with this purchase; further enhancing opportunity for high income development potential.
Located within walking distance of all main banks, as well as the major amenities in the town centre, this building boasts solid pedestrian and drive-by traffic daily, and any business established within its framework has the potential to benefit from the tourists that visit St Arnaud. With Australias only Bible Museum, as well as beautiful botanic gardens, butterfly farms and an historic precinct that includes Victorias oldest fire station, along with its gold mining history; St Arnaud continues to attract healthy visitor numbers.
For a full inventory of chattels, as well as further information, contact Agent to discuss. This is an outstanding opportunity to invest in a vibrant, wealthy community with a strong agri-business economy. Owners are committed and realistic sellers are open to flexible and generous terms.

Property History for 95-101 Napier St, St Arnaud, VIC 3478

A timeline of how this property has performed in the market
Last Sold
$272,000
02 May 2017
Listed for Rent
$200/w
04 Oct 2016
  • 02 May 2017
    Sold for $272,000
  • 02 Aug 2016
    Listed for Rent - Price not available
  • 21 Mar 2016
    Listed for Sale $349,000 - $380,000
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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 1,655 properties.

    There are currently 13 properties listed for sale, and no properties listed for rent in St arnaud on OnTheHouse. According to CoreLogic's data, 42 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.