OFF MARKET

23 Tumut Street
South Gundagai NSW 2722

Bedrooms: 6
Bathrooms: 5
Car spaces: 23
Land area: 6070m2
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Property Details for 23 Tumut St, South Gundagai

23 Tumut St, South Gundagai is a 6 bedroom, 5 bathroom House with 23 parking spaces. The property has a land size of 6070m2. While the property is not currently for sale or for rent, it was last sold in November 2005.

Building Type
House
Land Size
6070m2
Local Government
Cootamundra-Gundagai Regional
Lot/Plan
6/DP1053435

Last Listing description (February 2023)

'The Old Bridge Inn'

Do not miss the opportunity to secure one of Gundagai's oldest and rarest gems. Circa 1860's. The Old Bridge Inn has stood the test of time, only being offered due to health reasons and is being sold with the option of WIWO, ready for you to open the doors for business.

Set in a prominent position, adjacent to the Murrumbidgee River with excellent off-street parking directly out the front. Tastefully renovated to enhance the character, charm and ambiance of the rich history in this magnificent property.

Downstairs is a fully licensed function centre with luxury style bar, restaurant area that can comfortably seat 80 guests, including atrium style area with French doors saturating the room in natural light and overlooking the outdoor garden and seating area. Perfect for hosting weddings, celebrations, parties, functions, meetings and much more.
Fitted commercial kitchen, store room and cool room with direct access to the restaurant, bar and dining area that can be petitioned off separately for multiuse.
Intimate coffee lounge area, private meeting room, outdoor dining options with an external room that is perfect for small group gatherings and meetings.

The rear garden also features a spectacular 1960's drive car train that is ready for your imagination to transform into a unique experience for your customers and plenty of space to expand more accommodation options (STCA).

Upstairs is currently utilised as a boutique B & B, furnished with beautiful antique furniture and silk artwork to compliment the era. Comprised of 4 bedrooms, 2 bathrooms and shared kitchenette. Stunning wide verandah with ornate balustrade, beautiful spot to relax and soak up some sun while taking in the views.

Attached to the Old Bridge Inn is a comfortable 2 bedroom managers residence or B & B option. Adjoining to a spacious room that is ideal to offer as a shop option, extend the dining area or convert into another accommodation room.

Set on approx. 6,000sqm (1 acre), you have ample opportunity utilise the property further. Excellent storage shed at the rear of the garden and side access for deliveries.

This a rare and unique opportunity to secure a piece of history that is fully equipped, ready to open and generate multiple income streams.

Property History for 23 Tumut St, South Gundagai, NSW 2722

A timeline of how this property has performed in the market
Last Sold
$396,000
04 Nov 2005
Listed for Rent
$300/w
04 Dec 2014
  • 18 Jul 2022
    Listed for Sale $1,700,000
  • 25 Jun 2021
    Listed for Sale CONTACT AGENT
  • 04 Dec 2014
    Listed for Rent $300 / week
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About South Gundagai 2722

The size of South Gundagai is approximately 217.8 square kilometres. The population of South Gundagai in 2011 was 789 people. By 2016 the population was 836 showing a population growth of 6.0% in the area during that time. The predominant age group in South Gundagai is 10-19 years. Households in South Gundagai are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Gundagai work in a labourer occupation. In 2011, 74.7% of the homes in South Gundagai were owner-occupied compared with 76.4% in 2016.

South Gundagai has 595 properties. Over the last 5 years, Houses in South Gundagai have seen a 84.51% increase in median value. As at 31 October 2024:

  • The median value for Houses in South Gundagai is $367,440 while the median value for Units is $372,948.
  • Houses have a median rent of $425.
There are currently 7 properties listed for sale, and no properties listed for rent in South gundagai on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in South gundagai.

Suburb Insights for South 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.