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

SOLD

Sold for $1,400,000

Land: 1665 sqm Property: 442 sqm

Commercial Investment Opportunity

This is an outstanding opportunity for investors to secure this freehold commercial property in the beautiful, ever growing Bungendore Village. Ideally located only 30 minutes to Canberra CBD, or 2.5hrs from Sydney, this is an opportunity not to be missed.
Built in the late 1800s, the heritage listed building has had many uses having previously been a grocer, butchery and clothing store. In more recent times, the current tenancies are the extremely popular Gunna Doo Bakery and local Hairdresser meaning the lucky new owners are the hosts of well-established businesses.

Along with the two shopfronts the building contains a large 3 bedroom apartment. The layout includes a large lounge room, kitchen and bathroom downstairs, with the oversized bedrooms and open plan living areas upstairs.

Sitting on a huge 1665 square metre block, this property represents a great prospect for investors, with a very attractive annual yield and both tenancies having 5x 5-year lease options.

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 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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Nearby Schools

About bungendore

median house price

1050000

median house rent

720

suburb rental yield

3.6%
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Similar Properties

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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