OFF MARKET

70 Yass Street
Gunning NSW 2581

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 200m2
Land area: 1016m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Sep 2024
Low

High
Save

Property Details for 70 Yass St, Gunning

70 Yass St, Gunning is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 1016m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1990
Floor Size
200m2
Land Size
1016m2
Local Government
Upper Lachlan Shire
Lot/Plan
1/DP194121

Last Listing description (June 2023)

* Please contact Ian on 0411 665 503, open by appointment only *

A once in a lifetime opportunity to own a centrally located, iconic business hub in the heart of the historic town of Gunning. Currently, the property includes four shop fronts and a three bedroom residential home that is conveniently located upstairs.

Three of the shopfronts and the home are currently tenanted on periodic agreements bringing in a combined potential revenue stream of approx. $57,200p.a. However, the flexibility of a periodic lease presents vacant possession and allows you to consider other opportunities should you wish to do so. There is ample scope and space for additional business ideas.

The building has all town services available and the toilet block is conveniently located around the back for the use of patrons and staff. There is reverse cycle air conditioning in some parts of the building, including the upstairs home, plus plenty of off-street parking available. For those wishing to invest further, there is building entitlement for a potential future dwelling to be built out the back with corner store or residential use zoning.

Gunning is steeped in history, the small town boasts an array of creative and social groups to cater for all interests. The community really is the heart of the town. With an easy commute to Canberra, Goulburn and Yass, Gunning is ideally located and offers a laid back, tree change lifestyle with the bonus of all the amenities a city has to offer!

Currently four shopfronts with a combined potential income of approx. $57,200p.a (includes pharmacy, gift shop, hair dresser and a vacant former bookshop)
Purchase as vacant possession, periodic leases in place
1012sqm(approx) land size, additional three bedroom residence located upstairs, contents included
Two additional external toilets
Town water, sewer and water tank provided
Two carports plus extra parking space
Shed, easy access to the rear of the property

The information contained above is believed to be correct at time of advertising however, we take no responsibility for the accuracy of this information and prospective purchasers are advised to rely on their own research.

Property History for 70 Yass St, Gunning, NSW 2581

A timeline of how this property has performed in the market
Last Sold
$690,000
23 Apr 2023
  • 23 Apr 2023
    Sold for $690,000
  • 30 Mar 2023
    Listed for Sale Auction Sunday 23rd April at 10am
  • 02 May 2014
    Listed for Sale 290000
Sign in to see more transactions

Commute Calculator

About Gunning 2581

The size of Gunning is approximately 78.8 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Gunning in 2011 was 485 people. By 2016 the population was 658 showing a population growth of 35.7% in the area during that time. The predominant age group in Gunning is 40-49 years. Households in Gunning are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gunning work in a professional occupation. In 2011, 76% of the homes in Gunning were owner-occupied compared with 77.1% in 2016.

Gunning has 555 properties. Over the last 5 years, Houses in Gunning have seen a 107.97% increase in median value, while Units have seen a 37.98% increase. As at 31 August 2024:

  • The median value for Houses in Gunning is $726,613 while the median value for Units is $481,238.
  • Houses have a median rent of $460.
There are currently 7 properties listed for sale, and no properties listed for rent in Gunning on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Gunning.

Suburb Insights for Gunning 2581

Market Insights
Gunning Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Gunning Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.