95-101 Napier StreetSt Arnaud VIC 3478
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.
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.
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
- 02 May 2017Sold for $272,000
- 02 Aug 2016Listed for Rent - Price not available
- 21 Mar 2016Listed for Sale $349,000 - $380,000
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0About 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.
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