6 Bundy StreetGilgandra NSW 2827
Property Details for 6 Bundy St, Gilgandra
6 Bundy St, Gilgandra is a 1 bedroom, 1 bathroom House. The property has a land size of 3070m2.
Last Listing description (February 2023)
Gilgandra's Historic Railway Hotel, one of the Central West's most iconic building is for sale.
A Business that is doing extremely well.
This property must be seen to appreciate the magnificent architecture of this stately building as pressed metal ceilings, cedar timber work, rooms all on a generous scale, indoor and outdoor entertaining areas, the hotel offers 10 rooms, two apartments.
The railway arrived in Dubbo in 1881, 21 years later it reached Gilgandra and there began the Railway Hotel, a single-story building in 1906, burnt down in 1910 and the present Hotel was built on the site. A fine architecture creation, being a double-story Hotel, with iron lace veranda, facing local sporting fields.
Harvest time still sees the trucks parked outside and dusty carriers rubbing shoulders with regular customers. There have been any licensee's since and a few face-lifts and alterations, but the Railway Hotel is still going strong in 2023.
Most importantly, the only drive through bottle shop in town and 30 per cent of the turnover coming from this revenue alone.
This large site allows caravans to be parked on-site.
Local and rural clientele, travelers and truckers bring high income to the establishment.
The owner is ready to pass the baton to a new owner!!
If the idea of running a pub appeals, then this is certainly worth a look!
This is a grand opportunity to owner operate or add to your portfolio and lease out this Freehold property.
Figures available
WIWO + SAV
Contact Denise Male for further information.
DISCLAIMER: All care has been taken in compiling this information provided to us by the Vendor. We act as their Agents only and cannot accept responsibility for errors in descriptions if any. Intending Purchasers should satisfy themselves as to the correctness of all details.
Property Code: 205
Property History for 6 Bundy St, Gilgandra, NSW 2827
- 15 Jun 2021Listed for Sale $50,000 + SAV
- 17 Dec 2015Listed for Sale Not Disclosed
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0About Gilgandra 2827
The size of Gilgandra is approximately 656.5 square kilometres. It has 18 parks covering nearly 0.5% of total area. The population of Gilgandra in 2011 was 3,144 people. By 2016 the population was 3,127 showing a population decline of 0.5% in the area during that time. The predominant age group in Gilgandra is 50-59 years. Households in Gilgandra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gilgandra work in a community and personal service occupation. In 2011, 65.4% of the homes in Gilgandra were owner-occupied compared with 64.1% in 2016.
Gilgandra has 1,883 properties. Over the last 5 years, Houses in Gilgandra have seen a 99.79% increase in median value, while Units have seen a -29.70% decrease. As at 31 October 2024:
- The median value for Houses in Gilgandra is $248,138 while the median value for Units is $241,872.
- Houses have a median rent of $300.
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