258 Commercial RoadYarram VIC 3971
Property Details for 258 Commercial Rd, Yarram
Last Listing description (April 2024)
Positioned on Yarram's main thoroughfare, this property presents a myriad of possibilities for the discerning buyer. Known as the Bull Bar & Gallery, the property still retains its charm from when it operated as a wine and tapas bar and is graced with a distinctive bull mural, an artistic masterpiece by the globally acclaimed street artist Heesco Khosnaran.
The solid brick building has a road frontage of 6.4m and has original leadlight windows and pressed metal ceilings enhancing its aesthetic appeal and a funky vibe is maintained throughout the property with colourful Mediterranean murals and distinctive design elements. The front bar opens to a large gallery/ dining or funky apartment with access to the main kitchen.
The middle section also boasts a fully equipped bathroom with shower and huge bathtub. Two brand new 170 litre heat pump cylinders ensure there is always plenty of hot water. The backyard runs all the way through to the next street (Grant Street) allowing this property plenty of car parking spaces. There is a small outside toilet with a lockable gate.
The building comes complete with all plant and equipment and your choice to re-open the business and use the iconic name. All up to you. Also included are multiple liquor licences and access to all social media and website domain names.
Features:
- To be sold walk-in / walk-out
- Fully Licensed for Food & Beverages
- Large gallery/dining area
- Commercial glass washer
- Expansive Food and beverage fridge
- Separate toilet & basin for front of bar area
- Full bathroom at the rear
- Alfresco dining area and deck
- Rear public parking area
- Website and Facebook page
Yarram is located approx. 220km East of Melbourne and is a key destination town with proximity to 90 Mile Beach, Tarra National Park, and Port Albert. Also known as Heesco Town, it features 26 stunning street art murals by Heesco Khosnaran.
Contact us arrange an inspection of this prime commercial building.
Property History for 258 Commercial Rd, Yarram, VIC 3971
- 02 May 2024Sold for $305,000
- 28 Nov 2023Listed for Sale $370,000
- 17 Jan 2023Listed for Sale $330,000
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0About Yarram 3971
The size of Yarram is approximately 110.9 square kilometres. It has 9 parks covering nearly 5.6% of total area. The population of Yarram in 2011 was 2,168 people. By 2016 the population was 2,123 showing a population decline of 2.1% in the area during that time. The predominant age group in Yarram is 60-69 years. Households in Yarram are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yarram work in a managers occupation. In 2011, 67.7% of the homes in Yarram were owner-occupied compared with 67.7% in 2016.
Yarram has 1,491 properties. Over the last 5 years, Houses in Yarram have seen a 71.30% increase in median value, while Units have seen a 84.22% increase. As at 30 September 2024:
- The median value for Houses in Yarram is $389,699 while the median value for Units is $292,267.
- Houses have a median rent of $375 while Units have a median rent of $228.
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