High Profile Main Street Corner Location
Excellent Investment – Strong Rental Returns
Office Complex and 42 Storage Sheds
- Ideal Location – Gundagai Main Street, 1 min Hume Freeway, 25 mins Jugiong, 45 mins Cootamundra, 1 hour Wagga Wagga, 1 hour 30 mins Canberra, 3 hours 30 mins Sydney.
- Major Australian company as tenant
- Plus 42 storage sheds – easily managed.
- Well-presented property – securely fenced.
When you enter Gundagai township, the property enjoys a prime landmark corner location.
Detailed Information Memorandum available.
Auction:
Tuesday, 25th June 2024
Auction Works Rooms
Mezzanine Level
50 Margaret Street
Sydney NSW 2000
Starting time 10.30am
The size of Gundagai is approximately 47.3 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Gundagai in 2011 was 1,474 people. By 2016 the population was 1,680 showing a population growth of 14.0% in the area during that time. The predominant age group in Gundagai is 60-69 years. Households in Gundagai are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gundagai work in a labourer occupation. In 2011, 69.7% of the homes in Gundagai were owner-occupied compared with 68.1% in 2016.
Gundagai has 1,188 properties. Over the last 5 years, Houses in Gundagai have seen a 115.45% increase in median value, while Units have seen a 24.25% increase. As at 30 September 2024:
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