SOLD
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Sold on 25 Nov 2024 for $650,000

10 Forrest Street
Goomalling WA 6460

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 40m2
Land area: 2027m2
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Property Details for 10 Forrest St, Goomalling

Building Type
Commercial
Year Built
1950
Floor Size
40m2
Land Size
2027m2
Local Government
Goomalling
Lot/Plan
27/P222510

Last Listing description (June 2019)

Have you ever wondered how one could enjoy the tranquillity of rural living and yet make good money from it? Well, wonder no more. This is the wonderful opportunity you have been wondering about. This unique property provides you with both the lifestyle and a source of income. Imagine yourself and your family living here and at the same time making good income from it. Or you could have someone manage it for you while you come over on weekends to your personal country home. Otherwise, if you love something that gives you light works every now and then and you don't want to have a large overhead, then this business is one you can run with few or even part time or casual staff. The potentials are almost endless. The 'Mystique Maison', as this property is fondly known, needs a new owner, and that could be you.
This is a fully renovated approved Bed and Breakfast/home with 17 Bedrooms. The interior finish is truly that of a four-star hotel. All the rooms are spacious and well appointed with quality beds, bedside tables and top quality beddings. Toilets/bathrooms are tiled from floor to ceiling and with wheelchair access too. Each bedroom is uniquely done up with style and glamour and each comes with a separate reverse cycle air conditioner.
Lets start from downstairs. You are greeted to a warm entrance that also doubles as reception or arrival hall for conference and meeting purposes. To y our right is a formal lounge, tastefully furnished to provide both comfort and glamour. This is complemented by the spacious dining to the right which can also double as a conference/reception hall for your parties.

The kitchen is professionally equipped with commercial cookware, a dedicated cold room, a store room and 2 x Bellissimo 900mm, gas hotplate and electric stove configuration. There is plenty of space and certainly a place a professional chef would be proud of. So, this facility is fully ready to cater for your group functions, and you would be pleasantly surprised how much you get for your money.
The property has five bathrooms and six toilets, with the bathrooms providing charm and character to the building itself. As a Bed and Breakfast, the bathrooms are generally shared facilities but rest assured there are enough to go round.
Upstairs, you have most of the rooms overlooking the main streets and centre of Goomalling.
This property is suitable for conferences, meetings, receptions, and of course, it is a licensed B and B. Potential future development includes building more rooms on the vacant land, putting in a swimming pool, or even a gym. Definitely, this unique opportunity is waiting for someone to take it to the next level. Could that be you?
Most items will remain at property and these have been estimated to be worth well over $100,000. So you get good value for money here. The adjoining piece of land (approximately 800 sq meters) also comes with the property and this could be used for future development as the new owner pleases.
To arrange inspection, give James a call on 0413687796 or send email to james@jimsrealty.com.au.

Property History for 10 Forrest St, Goomalling, WA 6460

A timeline of how this property has performed in the market
Last Sold
$650,000
25 Nov 2024
  • 25 Nov 2024
    Sold for $650,000
  • 05 Sep 2019
    Sold for $85,000
  • 10 Aug 2018
    Listed for Sale $575,000
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About Goomalling 6460

The size of Goomalling is approximately 45.3 square kilometres. It has 4 parks covering nearly 2% of total area. The population of Goomalling in 2011 was 528 people. By 2016 the population was 594 showing a population growth of 12.5% in the area during that time. The predominant age group in Goomalling is 60-69 years. Households in Goomalling are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Goomalling work in a clerical occupation. In 2011, 65.1% of the homes in Goomalling were owner-occupied compared with 64.4% in 2016.

Goomalling has 563 properties. Over the last 5 years, Houses in Goomalling have seen a 71.28% increase in median value, while Units have seen a -1.00% decrease. As at 31 January 2025:

  • The median value for Houses in Goomalling is $207,833 while the median value for Units is $229,105.
There are currently 1 property listed for sale, and no properties listed for rent in Goomalling on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Goomalling.

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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.