97-99 Herbert StreetGulgong NSW 2852
Property Details for 97-99 Herbert St, Gulgong
Last Listing description (July 2024)
Troy McKellar Real Estate is proud to present for sale this prestigious and iconic pub, "The Post Office Hotel" in Gulgong.
This is an outstanding and rare opportunity to acquire a profitable family hotel located in the booming central west of NSW just 20 minutes north of Mudgee and 3.5 hours from Sydney.
Built in 1904 this freehold going concern occupies a prominent corner position of 1834sqm and boasts a diversified mix of trade that is well supported by the locals, tourists and the high volume of renewable energy contractors in the region.
This unique property offers,
- Bar, Bistro, Beer Garden plus TAB & KENO area
- Well stocked bottle-shop one of only two in town
- Three bedroom managers residence
- Former D/A approval for 6 studio units
- Upgraded commercial kitchen & electrical systems
- Value add opportunities available
- Healthy diversified mix of trade
- Turn key operation
To receive further information regarding this opportunity, or to arrange an inspection, please contact the exclusively appointed Troy McKellar Real Estate.
Property History for 97-99 Herbert St, Gulgong, NSW 2852
- 18 Dec 2024Sold for $1,100,000
- 06 Jun 2024Listed for Sale $1,600,000 Plus Stock
- 23 Sep 2022Sold for $750,000
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About Gulgong 2852
The size of Gulgong is approximately 101 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Gulgong in 2011 was 2,382 people. By 2016 the population was 2,491 showing a population growth of 4.6% in the area during that time. The predominant age group in Gulgong is 0-9 years. Households in Gulgong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gulgong work in a trades occupation. In 2011, 68.4% of the homes in Gulgong were owner-occupied compared with 67.8% in 2016.
Gulgong has 1,626 properties. Over the last 5 years, Houses in Gulgong have seen a 91.55% increase in median value, while Units have seen a 79.56% increase. As at 28 February 2025:
- The median value for Houses in Gulgong is $547,342 while the median value for Units is $520,812.
- Houses have a median rent of $550 while Units have a median rent of $350.
What's around 97-99 Herbert St, Gulgong
97-99 Herbert St, Gulgong is in the school catchment zone for Gulgong Public School and Gulgong High School.
Suburb Insights for Gulgong 2852
Market Insights
Gulgong Trends for Houses
$547k
8.47%
View Trend$550/W
5.76%
Gulgong Trends for Units
$521k
2.49%
View Trend$350/W
4.14%
Neighbourhood Insights
Age
Population 2,491
0-9
16%
10-19
12%
20-29
10%
30-39
11%
40-49
11%
50-59
13%
60-69
13%
70-79
8%
80-89
5%
Household Structure
Occupancy
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