59 Bank StreetMolong NSW 2866
Property Details for 59 Bank St, Molong
Last Listing description (October 2022)
Prime location with lots of potential and a motivated vendor.
These Commercial premises could facilitate a number of options and dual occupancy. For example, it could be turned into an arcade with multiple tenants, such as coffee shop, healthfood shop, sports centre, gift shops and more.
This is your opportunity to purchase a substantial sized building in the prime commercial business sector of town
Once the old picture theatre with some features remaining, later it became the squash courts and home of the Molong Express (Newspaper). The squash courts are still in tact.
The property has an excellent facade and great street presence
Options may include a Long term lease or rent to purchase
For the entrepreneur this could be your next success!
Molong is located just 25 min west of Orange on the Mitchell Highway, with a population of approx. 2,200, the centre of the Cabonne Shire and the food basket corridor. Molong boasts excellent medical facilities with four Doctors, hospital, Chemist, Aged Care and Retirement Facilities. It also has a healthy youth population with two schools, a number of sporting clubs and facilities. A vibrant community with local quarterly markets, galleries, cafes, gym, clubs, swimming pool etc.
All offers considered.
Property History for 59 Bank St, Molong, NSW 2866
- 22 Dec 2022Sold for $370,000
- 19 Sep 2017Listed for Sale $335,000
- 28 Mar 2014Listed for Sale Not Disclosed
Recent sales nearby
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0About Molong 2866
The size of Molong is approximately 425.3 square kilometres. There are 2 parks within the area. The population of Molong in 2016 was 2577 people. By 2021 the population was 2595 showing a population growth of 0.7% in the area during that time. The predominant age group in Molong is 10-19 years. Households in Molong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Molong work in a managers occupation.In 2021, 73.80% of the homes in Molong were owner-occupied compared with 71.20% in 2016.
Molong has 1,518 properties. Over the last 5 years, Houses in Molong have seen a 57.33% increase in median value, while Units have seen a 59.08% increase. As at 30 June 2026:
- The median value for Houses in Molong is $549,459 while the median value for Units is $525,301.
- Houses have a median rent of $480.
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