39 Forbes StreetBriagolong VIC 3860
Property Details for 39 Forbes St, Briagolong
39 Forbes St, Briagolong is a 3 bedroom, 1 bathroom House. The property has a land size of 1862m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in August 2013.
Last Listing description (February 2023)
It's not every day we come across the opportunity to purchase a part of history, let alone a property offering main residence, 2 x rental or Bed & Breakfast income, with Town Zoning allowing for a magnitude of uses including commercial use, subject of course to Council Approval.
Built as a Coffee Palace in 1891 as part of the Temperance Movement, which was designed to rival hotels in the 1800's, this piece of history has been lovingly and meticulously restored as an ode to its era. Featuring:
Steam cut weatherboards
Metal ceiling roses
Restored original doors
Leadlight windows
Stringybark internal flooring
39 Forbes Street is a 3 bedroom, 2 living room with a study residence, depending on the needs of the owner, and features renovated bathroom, separate powder room, laundry, front and rear verandas, ironbark decking, solid fuel heating and open fireplaces.
The kitchen is a blank canvas with space suitable for a full family kitchen or commercial kitchen (supported by Three Phase Power). This would be a standout opportunity as a Bed and Breakfast.
Township zoning (STCA) enables commercial use of the front living, bedroom and study within the main residence, as well as separate studio/shop space.
At the rear of the large 1861m2 parcel of land are 2 x spacious two-bedroom cabins (see floor plans), currently leased to excellent tenants returning $31,200 per annum ($300 per week). Built in 1980 of red cedar with new appliances, brick fireplaces, front and rear verandas, loungeroom, kitchen, renovated bathrooms, separate toilet and new split systems.
Both residence and cabins are surrounded by established landscaped gardens which provide privacy to tenants and occupier.
This is an amazing opportunity to purchase a property of historical significance in the middle of the township, with guaranteed income from the cabins and set up as a commercial space, Bed & Breakfast or Restaurant. The photographs are a guide only, the true beauty of this property can only be seen in person.
For full details, inspection times and price, please contact the selling agent John Walker on 0477 430 090.
Property History for 39 Forbes St, Briagolong, VIC 3860
- 19 Aug 2022Listed for Sale Contact Agent
- 04 Oct 2019Listed for Rent $250 / week
- 17 Mar 2014Listed for Rent $195 / week
Recent sales nearby
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0About Briagolong 3860
The size of Briagolong is approximately 166.8 square kilometres. There is 1 park within the area. The population of Briagolong in 2016 was 1081 people. By 2021 the population was 1133 showing a population growth of 4.8% in the area during that time. The predominant age group in Briagolong is 60-69 years. Households in Briagolong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Briagolong work in a trades occupation.In 2021, 86.40% of the homes in Briagolong were owner-occupied compared with 84.40% in 2016.
Briagolong has 735 properties. Over the last 5 years, Houses in Briagolong have seen a 58.63% increase in median value, while Units have seen a -65.41% decrease. As at 31 July 2026:
- The median value for Houses in Briagolong is $549,751 while the median value for Units is $375,392.
- Houses have a median rent of $288.
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