Commercial Investment Opportunity

18 Gibraltar Street,Bungendore NSW 2621

$1,600,000

RetailSize: n/a
Block size: 1665 m² approx.Retail size: 442 m² approx.
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.

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Retail
Lot:22
Plan Type:DP
Plan:800525
Block Size:1665 (approx)
Retail Size:442 (approx)
Stamp Duty:$73,302
 
PRDnationwide Bungendore

Maps and area information

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Block information
Block size: 1665 (approx)
Legal description: 22//DP800525
Block Map
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What's Nearby

Bungendore Primary SchoolPrimary School
0.5km
Sutton Post OfficePost Office
19.6km

Bungendore Suburb Information

 
 
Average Age
39 years
Population
3,553
Bungendore Profile
Bungendore Occupancy

Contact agents

PRDnationwide Bungendore

PRDnationwide Bungendore

View agency details
Dan WoodfordPRDnationwide Bungendore
Rachael MunroPRDnationwide Bungendore
Please send me information on 18 Gibraltar Street, Bungendore NSW 2621
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This listing has been viewed 27 times. It was first displayed on 28/11/19 and last updated on 28/11/19.