Heritage Braidwood property with restaurant fit-out on the market

By
Ray Sparvell
September 26, 2019
The property started life as a residence and has enjoyed incarnations such as a lodging house and, since the 1980s, as a restaurant.

There’s a good reason why Braidwood is registered as a heritage town, it’s absolutely brimming with historic properties.

Take this 1860-built beauty on town-central Wallace Street. It started life as a residence for a settler family and has enjoyed incarnations such as a lodging house and, since the 1980s, as a restaurant.

In recent years, the 60-seat venue has welcomed guests under the banner of TorPeas, proving a favourite with locals and visitors.

The property comes equipped with a liquor licence,

It is packed with character features including wraparound verandahs and working fireplaces. There are four dining areas, a commercial kitchen and, upstairs, self-contained accommodation for an owner/operator or manager. Another valuable asset is a liquor licence.

Michael Fay of McGrath Dickson says he has been receiving wide-ranging inquiries from Sydney to Canberra.

“There’s been interest in returning it to a residence as well as from operators who see potential in further developing its hospitality focus,” he says.

“Alternatively, it would make a great site for something like a destination brewery or distillery.”

Data reinforces Braidwood’s position as a major thoroughfare, posting some three million “traffic movements” as the major tourist route between Canberra and the coast.

Braidwood is also enjoying reactivation of the historic Dargues Reef Gold Mine at nearby Majors Creek, providing the town with an ongoing economic boost.

 

BRAIDWOOD

202 Wallace Street

$400,000-$440,000

Private sale

Agent: McGrath Dickson, Michael Fay 0411 708 775

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