SOLD
Sold on 26 Jul 2024 for $867,500

6-8 Malbon Street
Bungendore NSW 2621

Bedrooms: 3
Bathrooms: 1
Car spaces: 9
Land area: 4055m2
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Property Details for 6-8 Malbon St, Bungendore

6-8 Malbon St, Bungendore is a 3 bedroom, 1 bathroom House with 9 parking spaces. The property has a land size of 4055m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Bungendore in the last 12 months.

Building Type
House
Land Size
4055m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
2/DP632838

Last Listing description (June 2024)

"Karingal House" sits within 4055 square metres of level village land fronting the Kings Highway adjacent the Village's busiest intersection - commercial opportunities like this are rare.

This unique offering comes to market for the first time ever for sale by Auction, if not sold prior.

This location has over 6000 traffic movements per day making it a very high exposure location only 25 km (20min) from Queanbeyan, 31 km (27min) to the Canberra Airport, 38 km (33min) to Civic Centre, and 48 km (34min) to Braidwood.

This property lends itself to future development (STCA) and the possibilities are endless. As it stands, it's on two separate titles and is zoned E1 Local centre with a very cute and well-maintained Victorian cottage. There are several solid and well maintained sheds.

Key Features include:

4,055sqm (1 acre)
40m Malbon Street frontage
127 sqm Late Victorian Timber cottage
Two separate titles
Bore and windmill
8.63 m x 4.33m Shed
7.15 m x 4.10 m Shed
7.46m x 18.32 m Shed
4.84 m x 9.84m Shed

"Karingal House" is a three bedroom cottage of 99sqm, with an attached 28sqm porch. This timber house was moved from the mining town, Captain's Flat in 1920 and re-erected the same year, it retains many original features and has been well maintained. It comprises of Ironbark framing, painted weatherboard external walls, Canadian Baltic Pine 150 x 25mm floor boards and tongue and groove timber internal walls. It has an iron roof, secured by handmade nails, the front verandah has been the permanent location for a pair of lounge chairs and the site of many local conversations over a cup of tea, having been in the same family for a century.

The cottage is charming, it is surrounded by a house yard with a picket fence and has an air conditioning unit, gas fireplace and gas heating.

The Zoning is E1 Local Centre - Queanbeyan-Palerang Regional LEP 2022

Explanation-
1. Objectives of zone
To provide a range of retail, business and community uses that serve the needs of people who live in, work in or visit the area.
To encourage investment in local commercial development that generates employment opportunities and economic growth.
To enable residential development that contributes to a vibrant and active local centre and is consistent with the Council's strategic planning for residential development in the area.
To encourage business, retail, community and other non-residential land uses on the ground floor of buildings.
To encourage development that is consistent with the character and amenity of the locality.
To support business development by providing parking and other civic facilities.
To encourage some limited high density residential uses to create vitality in town centres.

Permitted without consent
Home businesses; Home occupations.

Permitted with consent
Amusement centres; Boarding houses; Car parks; Centre-based child care facilities; Commercial premises; Community facilities; Creative industries;
Electricity generating works; Entertainment facilities; Environmental protection works; Flood mitigation works; Function centres; Home-based child care;
Home occupations; Home industries; Hotel or motel accommodation; Information and education facilities; Local distribution premises; Medical centres;
Mortuaries; Passenger transport facilities; Places of public worship; Public administration buildings; Recreation areas; Recreation facilities
(indoor); Recreation facilities (outdoor); Registered clubs; Restricted premises; Respite day care centres; Service stations; Shop top housing; Signage;
Tourist and visitor accommodation; Veterinary hospitals.

This is a rare opportunity to purchase a large parcel of level land in Bungendore township, 4,055sqm over two titles with Local Centre zoning.

This property can be viewed by appointment, we're very flexible with timings - please contact either Ellie Merriman on 0402 117 877 or Ava Merriman on 0429 517 003 to see this super property.

Bungendore is located just 15 minutes from HQJOC, 20 minutes to Queanbeyan and an easy 30 minute commute into Canberra's CBD, school buses to Braidwood and Canberra are in abundance (North, South Canberra and Queanbeyan). There is a local IGA, childcare centres, naturopath, doctors, physio and bakeries. Cafes and restaurants, motels and hotels and numerous shops reside in Bungendore as the town grows in tourist numbers. The lifestyle and the community are part of what makes this town so wonderful, with clubs, pubs and sports to fill your fill your free time.

DISCLAIMER. We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their enquiries to verify the information contain

Property History for 6-8 Malbon St, Bungendore, NSW 2621

A timeline of how this property has performed in the market
Last Sold
$867,500
26 Jul 2024
  • 26 Jul 2024
    Sold for $867,500
  • 01 Nov 2023
    Listed for Sale Auction
  • 15 Aug 2022
    Sold
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About 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 2,365 properties. Over the last 5 years, Houses in Bungendore have seen a 46.47% increase in median value, while Units have seen a 60.38% increase. As at 31 October 2024:

  • The median value for Houses in Bungendore is $1,008,999 while the median value for Units is $521,952.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 28 properties listed for sale, and 3 properties listed for rent in Bungendore on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Bungendore.

Suburb Insights for Bungendore 2621

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.