252 Mica StreetBroken Hill NSW 2880
Property Details for 252 Mica St, Broken Hill
Last Listing description (March 2019)
THIS IS A HIGH YIELDING BUSINESS AND THE PROPERTY IS ON 3 TITLES.
THIS IS A RARE OPPORTUNITY.
With the town experiencing a period of sustained economic and cultural growth this is a fantastic time to begin a new life in Broken Hill.
AND you don't have to get in on the ground level.
This is an opportunity to own & operate an established and highly regarded accommodation business in the middle of town.
The only thing ground level is the price.
An offer like this comes to the market rarely and includes a 23 bedroom Boutique Hotel and Motel with managers apartment and a standalone 3 bedroom federation style house. The entire property consisting of 3 separate titles.
This property and business has a great potential to expand and improve given the size of the landholding and the improvements already in place.
Further future development is also possible (STCA) and it should be noted that the property is not listed as a Heritage Item by council.
Property Address
252 Mica Street (cnr Chloride) and 143 Chloride St, Broken Hill NSW
Property Overview
23 rooms, Managers Apartment & House
View strictly by appointment only.
Information Memorandum available on request.
Property History for 252 Mica St, Broken Hill, NSW 2880
- 13 Oct 2020Sold for $700,000
- 04 Mar 2019Listed for Sale $1,400,000
- 06 Mar 2017Listed for Sale $1,400,000
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0About Broken Hill 2880
The size of Broken Hill is approximately 13004.9 square kilometres. It has 43 parks covering nearly 2.2% of total area. The population of Broken Hill in 2016 was 17814 people. By 2021 the population was 17706 showing a population decline of 0.6% in the area during that time. The predominant age group in Broken Hill is 60-69 years. Households in Broken Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broken Hill work in a professional occupation.In 2021, 72.20% of the homes in Broken Hill were owner-occupied compared with 71.90% in 2016.
Broken Hill has 11,322 properties. Over the last 5 years, Houses in Broken Hill have seen a 89.65% increase in median value, while Units have seen a 59.49% increase. As at 31 March 2026:
- The median value for Houses in Broken Hill is $223,171 while the median value for Units is $576,080.
- Houses have a median rent of $360 while Units have a median rent of $260.
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