OFF MARKET

7 Gibraltar Street
Bungendore NSW 2621

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 207m2
Land area: 923m2
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Property Details for 7 Gibraltar St, Bungendore

7 Gibraltar St, Bungendore is a 4 bedroom, 2 bathroom House and was built in 2014. The property has a land size of 923m2 and floor size of 207m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
2014
Floor Size
207m2
Land Size
923m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
2/DP876415

Last Listing description (August 2024)

This unique Bungendore property features a 4-bedroom ensuite family home and a retail/commercial space with B2 zoning. This property offers the best of both worlds-a spacious family home on a sizable block and a retail tenancy, along with expansion potential. The retail/commercial space can generate supplementary income or be used for a home-based business. The retail/commercial space has a trendy fitout included. Located at 7 Gibraltar Street, the property allows for a lifestyle where you can stroll across the road for coffee, lunch, or dinner at various nearby establishments. The home has a northern aspect, open-plan living, a well-appointed kitchen, with two ample decks off the living and dining area for outdoor entertaining.

Equipped with a gourmet kitchen with expansive stone benches, including an island bench, gas stove, electric oven, and dishwasher, all of this and the fact that the living/dining area is north-facing making this the perfect home hub. The flexible floor plan features multiple living spaces, while the master bedroom boasts a walk-in robe and ensuite. The large and modern main bathroom is conveniently located near the remaining bedrooms. The house has all the necessities like the ducted heating and ducted evaporative cooling for comfort all year round.

If entertaining is your thing, there is the choice of either the deck to the front of the house, off the living area, or there is another deck/alfresco of the back of the dining area. There is also the possibility that you could incorporate the front deck and courtyard into the retail/commercial space at the front of the property. And let's face it a commercial space with Gibraltar Street frontage as part of the property is a pretty special opportunity for the new homeowner. With plenty of on street car parking for clients/customers, everyone is sure to be happy. The retail/commercial space was rented at $400 per week, with potential rent now at $450+ per week. The property has the benefit of the prime position Main Street location, with cafes, restaurants, and schools within walking distance.

The 923 sqm block provides space for kids and pets to play, with potential for further development. Don't miss this rare opportunity to own a property in the thriving Bungendore Village with tremendous potential.

At a glance
B2 Zoning
Multi use retail/commercial space at the front of property (50sqm approx.) with a trendy fitout.
Substantial modern family home with big open living spaces
Large master suite with walk through robe and ensuite
Three other good sized rooms with built in robes
Large open plan living dining area
Bamboo flooring to living spaces
Good sized family bathroom with separate bath and shower
Ducted gas heating and ducted evaporative cooling
Separate living room/Multi purpose room
Laundry with plenty of storage and external access
2 x alfresco decks and paved alfresco area aswell as a firepit zone
Large gourmet kitchen, with walk in pantry
900mm gas cooktop with electric oven (free-standing)
Stone benchtops perfect for those that like to cook and entertain
Stainless steel dishwasher, 1.5 kitchen sink and a pullout tap
Large private rear yard

LOT: 2
SECTION: 876415
Block Size: 923 sqm (approx.)
Internal Living: 207 sqm (approx.)
Alfresco: 24 sqm (approx.)
Retail/Coommercial Space: 50 sqm (approx.)
Rental for House: $800-$825 per week
Rental for Commercial space: $450+ per week (incl. trendy fitout)
Year built: 2014
Rates: $898 per quarter (approx.)
Heating and cooling: Ducted gas heating and ducted evaporative cooling

Disclaimer: Carter and Co Agency and the vendor cannot warrant the accuracy of the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. Some images may be digitally styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their own independent enquiries.

Property History for 7 Gibraltar St, Bungendore, NSW 2621

A timeline of how this property has performed in the market
Last Sold
$80,000
08 Jun 2021
Listed for Rent
$350/w
11 Feb 2019
  • 07 Mar 2024
    Listed for Sale By Negotiation
  • 18 May 2023
    Listed for Sale By Negotiation
  • 21 Sep 2022
    Listed for Sale By Negotiation
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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 2,363 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 2 properties listed for rent in Bungendore on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Bungendore.

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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.