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A piece of history is up for sale in Bombala, giving fresh hope that the old Literary Institute will be given a new lease on life.An eye-catching 1865 facade is just one part of this heritage-listed building, which stands on a 2300sqm block at <a href="https://zango.com.au/sale/73-caveat-street-bombala-nsw-2632-82934/" rel="nofollow" target="_blank">73 Caveat Street</a>.<a href="https://zango.com.au/agencies/one-agency-craig-schofield/" rel="nofollow" target="_blank">One Agency principal Craig Schofield</a> says the building is a well-known piece of the region’s history.<img alt="73-caveat-street-bombala-nsw-2632-82934-image-0-20230725021649656863-thumbnail-1920x1920-70" class="richtext-image full-width" height="600" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/73-caveat-street-bombala-nsw-2632-82934-image-.width-800.jpg" width="800">“It’s a unique structure, there’s nothing else like it in Bombala,” Craig says.“There are only a few other historic buildings around as people aren’t restoring them, so it’s also rather rare.”The Bombala Literary Institute, also known as the School of Arts, dates back to 1865 and holds many memories for locals.“The brick and wood building has a distinct facade, with a rendered cathedral look,” Craig says.“While the interior itself has been run-down, it still has its old bones, including the balcony that overlooks the auditorium and the stage at the end of the building.<img alt="73-caveat-street-bombala-nsw-2632-82934-image-0-20230725021642237851-thumbnail-1920x1920-70" class="richtext-image full-width" height="450" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/73-caveat-street-bombala-nsw-2632-82934-image-.width-800_P9kjlWZ.jpg" width="800">“You can almost see back to the past, when patrons were sitting in the balcony area watching a performance before going into the back room to sip on wine, champagne or whatever was available.“There are dressing rooms downstairs, a front-of-house lobby and reception area, as well as a space that could be used for delivery drop-off.”But that’s not everything on the site, which also features a duplex home and 10 units that will be sold with the historic building.<img alt="73-caveat-street-bombala-nsw-2632-82934-image-0-20230725021640616980-thumbnail-1920x1920-70" class="richtext-image full-width" height="612" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/73-caveat-street-bombala-nsw-2632-82934-image-.width-800_86ri6s6.jpg" width="800">Purchasing the entire complex would give the next owner a foothold in Bombala, Craig says.“It’s a fairly tight-knit community – Bombala is your typical country town,&quot; he says.“It’s known for the platypus in the river. You can take a walk or a picnic and try to see them.”Craig says the town’s slower pace should not be mistaken for nothing to do.“You’re only about an hour-and-a-half from the NSW snowfields, and about 80km from the Sapphire Coast,” he says.“People think a place like Bombala is out of the way, but it’s still very central with all the facilities that a young family needs, like a grocery store, hospital and schools.”<img alt="73-caveat-street-bombala-nsw-2632-82934-image-0-20230725021700355872-thumbnail-1920x1920-70" class="richtext-image full-width" height="818" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/73-caveat-street-bombala-nsw-2632-82934-image-.width-800_VgswRS2.jpg" width="800">Craig says the new owner will be spoilt for choice in deciding what the building could become, once it&#x27;s transformed.“My first thought would be restoration and then running it as a theatre or performance centre,” he says.“It also could be a nice microbrewery, with the industrial atmosphere and heritage look of the property. As long as the facade is kept, you could use it for a number of different businesses.<img alt="73-caveat-street-bombala-nsw-2632-82934-image-0-20230725021703394750-thumbnail-1920x1920-70" class="richtext-image full-width" height="533" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/73-caveat-street-bombala-nsw-2632-82934-image-.width-800_pyxWGdN.jpg" width="800">“It’s an iconic building in town. That’s one reason the locals would like to see it restored again. Someone just has to come up with a bright idea to bring it back to life.”While the Bombala Literary Institute is being sold with accommodation attached, Craig says the vendor is open to subdividing the site for this sale, depending on council approval.<a href="https://zango.com.au/sale/73-caveat-street-bombala-nsw-2632-82934/" rel="nofollow" target="_blank">73 Caveat Street</a>, Bombala, is for sale by EOI (closing Friday 25 August 2023). The price guide is $1 million.<a href="https://the-riotact.com/history-meets-opportunity-in-this-heritage-listed-bombala-property/684307" rel="nofollow" target="_blank">View the full listing.</a>Article originally written and published by <a href="https://the-riotact.com/history-meets-opportunity-in-this-heritage-listed-bombala-property/684307" rel="nofollow" target="_blank">The Riotact</a>.

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View important property information for 125-127 Maybe Street BOMBALA, NSW 2632

125-127 Maybe Street BOMBALA, NSW 2632 is for Sale on Zango

Craig Schofield

Jodi Alexander

BOMBALA

Bombala

Snowy

Attention Investors! An exceptional opportunity awaits at 125-127 Maybe Street in the heart of Bombala's CBD. Presenting a substantial commercial block, this land-only offering spans approximately 3,290 square metres of prime development potential. Zoned E1 Local Centre, this expansive plot provides a blank canvas for visionary developers eager to capitalise on the central location and diverse possibilities.

Boasting both rear access and prominent main street frontage, this large parcel of land is perfectly positioned to maximise exposure and accessibility. The sizeable dimensions and favourable zoning open the door to a multitude of development options, whether you're considering retail spaces, office units, or a mixed-use complex that can transform the town's commercial landscape.

Seize the chance to make a definitive mark on Bombala's commercial sector with this versatile property. With its significant land size and strategic positioning, this is an investment poised for substantial growth and success. Don't miss out on this rare offering in the thriving NSW market.


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One Agency Craig Schofield

Population in Bombala is 1387, with a median age of 45. This is well above the Canberra average of 40.5 and above the national 41.6

Your new suburb is well established

Compared to other areas, couples (27%) and singles (15%) are over represented and the amount of single parents lower than national average

Perfect? Families Agree

A majority of 94% live in a house, followed by 2% apartment dwellers. Households are 2.2 people on average, seems like Bombala is the place to go for spacious living!

It's spacious too

125-127 Maybe Street BOMBALA, NSW 2632

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Distance	School	Address
0.57 km	St Joseph's School	29 Queen Street, Bombala 2632
0.96 km	Bombala High School	Bright Street, Bombala 2632
1.00 km	Bombala Public School	8 Bright St, Bombala 2632

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125-127 Maybe Street BOMBALA, NSW 2632

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Found: The perfect building for your dream microbrewery in country NSW

Craig Schofield

Jodi Alexander

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