Real Estate Industry Partners

136-140 Sheridan Street, Gundagai NSW 2722

$699,000

Bedrooms
2 beds
Bathrooms
2 baths
Parking
2 parking

Triple Income Opportunity!

With a rich local history and first established and erected circa 1864 and recently refurbished. This triple level, triple income opportunity, boasts two separate residences and a long-term lease for the street level and business operations of the local PRD real estate. With both residences also occupied, 136-140 Sheridan Street offers a diverse opportunity with a weekly return of $970 per week.

Consisting of a fully refurbished lower level one bedroom unit, business operating from street level, also refurbished and a one bedroom fully contained and updated unit as shop top housing, this is an opportunity not to be missed. Call today to book your inspection.

Premiere Features:

Unit 1 - Downstairs (140 Sheridan Street) Fully Refurbished
- One privately positioned king size bedroom with ample power options and space for additional living or storage if required
- Walk through robe off the master boasting ensuite
- Ensuite with floor to ceiling tiling, separate shower, single vanity and toilet
- Open plan kitchen with stainless appliances, tiled splash back, ample bench space and cabinetry, including walk in pantry
- Open plan living with direct external access and serviced by reverse cycle air conditioning
- Large fully covered and private outdoor entertaining
- Dual carport to the rear
- Vehicle access via Sheridan Lane
- Secure laundry with additional toilet on lower ground level also
- Currently tenanted at $320 per week until 16th November 2024

Shop 1 - Street Level (136 Sheridan Street) Fully Refurbished
- PRD Real Estate Gundagai office space
- Large reception area with timber flooring
- Additional open plan office space all with timber flooring, raw brick and plaster board, pressed metal ceiling, all serviced by reverse cycle split system air conditioning
- Private carpeted meeting room
- Large kitchenette area, fully tiled and direct access to office space and toilet
- Separate and private toilet positioned to the rear
- Secure storeroom within the office as under stair storage
- Additional detached secure store room on ground level (below street level)
- Currently tenanted at $350 per week GST inclusive until 1st November 2025

Unit 2 - Upstairs (138 Sheridan Street)
- Unit 2 accessed via entry on Sheridan Street
- King sized bedroom with dual access via the main living or combined laundry/bathroom
- Large combined laundry/bathroom positioned to the rear of the plan and offering separate shower and toilet, laundry area with dual use vanity/basin including storage and built in linen
- Large open plan living area accessible from upstairs landing and serviced by reverse cycle air conditioning and ceiling fan
- Kitchen overlooking Sheridan Street and offering electric cooktop, built in cabinetry and basin and open shelving
- Internal landing at top of stairs offers direct access to laundry and/or main living
- Sash windows and pressed metal ceilings in bedroom and living
- Currently tenanted at $300 per week until 30th November 2024

With a diverse income and long-term prospect of the trading business and two levels being completely refurbished and the third with updates throughout. 136-140 Sheridan Street is a historic opportunity not to be missed. Call today to book your inspection or for further information.

Property Details

  • Type: Other
  • Bedrooms: 2
  • Bathrooms: 2
  • Carport Spaces: 2
  • Land Area: 907 m² (approx)
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PRD Tumut

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JED MASTERS

MADDI SUTTON