$588,000
agency logo

114 Sheridan Street, Gundagai NSW 2722

House
31
Block size: 760 m² approx.

Investment Opportunity!

An exciting opportunity to secure a prime commercial property situated in the main street of iconic Gundagai.
Three levels of leasable space await owner/operators, individual investors or any SMSF.
The street level is occupied by a physiotherapy and fitness centre. It consists of a large therapy space with 2 private appointment rooms, plus kitchenette and toilet. The space is climate controlled with 4 split system air-conditioners. Currently leased at $315/week until November 2026.
Upstairs is a fully self-contained 3-bedroom unit. The open plan lounge and dining area with split system air-conditioner surrounds a large kitchen. Three doorways open onto the historic veranda and views of Gundagai's recently restored main street. Heritage lovers will appreciate the pressed metal ceilings and decorative fireplace. Currently leased at $340/week.
Downstairs contains a large lockable storage area with the potential for a third tenant.
The property currently returns 5.79% on the asking price.
Situated on a 760m2 block with dual access from both Sheridan and Homer Streets, the property is within walking distance to the medical centre, supermarket, schools, golf course, racetrack, football fields and public swimming pool.
The opportunities are endless, where the dog sits on the tuckerbox, five-miles from Gundagai.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Kaitlyn Smart to learn more about this property, request an inspection or take an online tour.

Property walkthrough

Key details

Bedrooms:
3
Bathrooms:
1
Property type:
House
Block Size:
760 *

Other Details

Lot:
22
Plan Type:
DP
Plan:
1077904
Legal description:
22/1077904
Ray White Tumut

Maps and area information

Block information
Block size: 760 (approx)
Legal description: 22/1077904
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Gundagai Public SchoolPrimary School
1.6km
Gundagai High SchoolHigh School
1.1km
Gundagai HospitalHospital
1.6km
Gundagai Post OfficePost Office
0.1km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
26 Mar 2010
Sold
$340,000
Contract: 23/02/2010
Transfer: 26/03/2010
Block size: 760m²
Transfer type: Full transfer
Purpose: Shop
03 May 2005
Sold
$258,500
Contract: 31/05/2004
Transfer: 03/05/2005
Block size: 760m²
Transfer type: Full transfer
Purpose: Shop

Gundagai suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
47 years
Population
1,699
Listing ID: 180815284. This listing has been viewed 503 times. It was first displayed on 15/07/2022 and last updated on 09/01/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.