PRD Bungendore 2/33 Ellendon Street, Bungendore, NSW 2621 02 6238 0999
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10 Gibraltar Street
bungendore
NSW, 2621

SOLD

Sold for $1,500,000

Land: 858 sqm Property: 124 sqm

"The Courtyard"

The historic building 'Duart', better known to the locals as The Courtyard, is available for you to realise your dreams. The heritage building has been beautifully renovated to provide high-quality commercial premises consisting of 4 buildings that are currently tenanted by nine professionals delivering a range of health and well-being services.
This is an outstanding opportunity for investors to secure a freehold commercial property in the beautiful, ever-growing heart of Bungendore Village. The proximity to Canberra means that not only do businesses have a 5K+ pool of locals, they also have access to Canberra residents/clients who want to enjoy an easier pace for services. With plenty of free on-street parking clients can add a visit to one of the many boutique shops and cafes while here. The Gathering café right next door is where many clients stop-off at: The Courtyard is about a whole experience and the wonderful friendly atmosphere of Bungendore enhances this.
Sitting on an 858 square metre block (approx.), this property represents a great prospect for investors, with a very attractive annual yield and a range of tenancy options available across the main building and three studio's. And all the hard work has been done with the property fully renovated/renewed from its stormwater, sewer, electricity, and infrastructure in the last 4 years.
The main building boasts six fully independent units: three units have direct street frontage access with the remainder being accessed down a beautifully paved path that directs clients through the garden to the dedicated waiting room and shared kitchenette that provides additional storage options. Unit 1, consisting of 2 rooms (with an ensuite to one room), a reception area, main bathroom, full kitchen including dishwasher and washing machine also has its own dedicated courtyard area where boutique functions can be held.
The three studios are located within manicured gardens with each having their own unique style and features and access to garden areas for functions. The Courtyard is known for its ambience and clients, and tenants are often found relaxing in the gardens before or after their appointments.
"The Courtyard" has a range of current tenancies in place from beauty therapy, optometrist, accountancy, counselling, physio and podiatry. These highly professional businesses have gone from strength-to-strength since moving to The Courtyard.
Bungendore is a popular, historic town with numerous specialty and gift shops and has become popular with people as a stopover point on the road to the coast being only 1.15hrs away and as a day tripper destination with many quality cafes and restaurants, wineries and lots of opportunities for browsing and shopping. Positioned only 25 minutes to the International Canberra Airport, or 3hrs on the CountryLink Train to Sydney CBD, running 3 times per day.
Call now to arrange your private inspection.

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About bungendore

median house price

1050000

median house rent

720

suburb rental yield

3.6%
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Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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