SOLD
Sold on 23 Apr 2024 for $7,200,000

246-250 Sheridan Street
Gundagai NSW 2722

Bedrooms: -
Bathrooms: -
Car spaces: 63
Floor area: 100m2
Land area: 5382m2
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Property Details for 246-250 Sheridan St, Gundagai

Building Type
Commercial
Year Built
2011
Floor Size
100m2
Land Size
5382m2
Local Government
Cootamundra-Gundagai Regional
Lot/Plan
B/DP155800

Last Listing description (May 2020)

Modern Woolworths supermarket and BWS plus two specialty shops
Secure 20 year Lease to Woolworths Ltd with options to 2071 providing a 14 year remaining initial lease term
Net Passing Income (fully leased) of $402,194 p.a.* + GST

Rare opportunity to acquire a Woolworths supermarket asset at an affordable price point
Located within the renowned Riverina region, strategically positioned on Hume Highway the major arterial linking Sydney to Melbourne

Property History for 246-250 Sheridan St, Gundagai, NSW 2722

A timeline of how this property has performed in the market
Last Sold
$7,200,000
23 Apr 2024
Listed for Rent
$575/w
28 Aug 2013
  • 23 Apr 2024
    Sold for $7,200,000
  • 08 Jun 2017
    Listed for Sale Not Disclosed
  • 10 Dec 2013
    Sold for $5,750,000
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About Gundagai 2722

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 1,190 properties. Over the last 5 years, Houses in Gundagai have seen a 91.06% increase in median value, while Units have seen a 27.51% increase. As at 31 October 2024:

  • The median value for Houses in Gundagai is $368,009 while the median value for Units is $357,716.
  • Houses have a median rent of $410 while Units have a median rent of $220.
There are currently 27 properties listed for sale, and 6 properties listed for rent in Gundagai on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Gundagai.

Suburb Insights for Gundagai 2722

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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.