18 Gibraltar StreetBungendore NSW 2621
Property Details for 18 Gibraltar St, Bungendore
18 Gibraltar St, Bungendore is a 3 bedroom, 1 bathroom House. The property has a land size of 1665m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (December 2020)
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.
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.
Property History for 18 Gibraltar St, Bungendore, NSW 2621
- 27 Nov 2020Sold for $1,350,000
- 28 Nov 2019Listed for Sale $1,525,000
- 29 Sep 2015Listed for Rent $375 / week
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0About Bungendore 2621
The size of Bungendore is approximately 296.4 square kilometres. It has 11 parks covering nearly 12.7% of total area. The population of Bungendore in 2011 was 3,553 people. By 2016 the population was 4,153 showing a population growth of 16.9% in the area during that time. The predominant age group in Bungendore is 40-49 years. Households in Bungendore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bungendore work in a managers occupation. In 2011, 82.5% of the homes in Bungendore were owner-occupied compared with 81.1% in 2016.
Bungendore has 2,370 properties. Over the last 5 years, Houses in Bungendore have seen a 46.02% increase in median value, while Units have seen a -2.54% decrease. As at 31 December 2024:
- The median value for Houses in Bungendore is $1,016,093 while the median value for Units is $543,200.
- Houses have a median rent of $715 while Units have a median rent of $613.
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