18 Gibraltar Street Bungendore NSW 2621

This is an outstanding opportunity for investors to secure this freehold commercial property in the beautiful, ever growing Bungendore Village. Ideally located only 30 minutes to Canberra CBD, or 2.5hrs from Sydney, this is an opportunity not to be missed.
Built in the late 1800s, the heritage listed building has had many uses having previously been a grocer, butchery and clothing store. In more recent times, the current tenancies are the extremely popular Gunna Doo Bakery and local Hairdresser meaning the lucky new owners are the hosts of well-established businesses.

Along with the two shopfronts the building contains a large 3 bedroom apartment. The layout includes a large lounge room, kitchen and bathroom downstairs, with the oversized bedrooms and open plan living areas upstairs.

Sitting on a huge 1665 square metre block, this property represents a great prospect for investors, with a very attractive annual yield and both tenancies having 5x 5-year lease options.

Bungendore is a popular, historic town with numerous specialty and gift shops and has become popular with people as a stopover point on the road to the coast and as a day tripper destination with many quality cafes and restaurants, wineries and lots of opportunities for browsing and shopping. Positioned only 25 minutes to the International Canberra Airport, or 3hrs on the CountryLink Train to Sydney CBD, running 3 times per day.

Call now to arrange your private inspection.