ATTENTION: Investment Opportunity - Newbridge General Store
Own a slice of Victorian history with this beautifully maintained 1856 heritage building in the heart of Newbridge. Set on 640 square metres, this freehold icon is a well-established community hub featuring the Newbridge General Store, café, licensed bar and Australia Post agency. Located opposite the Newbridge Hotel and adjacent to the picturesque Loddon River, this property blends historic charm with commercial opportunity.
Property Highlights -
• Freehold title: strong investment with secure lease in place
• Current lease: 8 years remaining + 3 x 5-year options
• CPI-linked rent increases annually (April 1st)
• Lessee pays all outgoings
• Currently returning approx. 5.25% per annum
• Projected connection to sewerage and town water will significantly boost property value and enable future B&B expansion
Building Features -
• Approx. 400m² total floor area
• Café, takeaway and post office: 9m x 12m
• Licensed drinks area: 3m x 6m
• Licensed dining: 6m x 9.5m + east-side verandah dining
• West verandah with staff WC
• Private living quarters:
o Kitchen and lounge
o 4 bathrooms
o 4 bedrooms (2 upstairs with ensuites, 2 downstairs including 1 with ensuite)
• Rear verandah with outside WC
• Private garden area
• Ample rainwater supply
This is a rare opportunity to secure a cornerstone property with 170 years of community heritage. Whether you're an investor, history enthusiast or visionary looking to grow with the town’s upcoming infrastructure upgrades, this freehold is ready to reward.
Features
4 bedrooms
4 bathrooms
directions_car2 carspaces
directions_car2 carport spaces
crop_free640 m² lot size
cottageAcreage Semi-Rural
Property history for 36 Lyons Street
2023
Sold
Undisclosed
25 Apr 2023 by Greg Fathers, of Property Plus Real Estate
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Local market activity for 4 bedroom acreage semi-rurals in Newbridge
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