17 Gibraltar Street, Bungendore NSW 2621

$3,150,000

4 parking

Investment Opportunity

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.

Sitting on 1011 square metre block (approx.), this property represents a great prospect for investors, with a very attractive annual yield. With three long term tenancies currently in place, the Bungendore Butchery, the Bungendore Post Office/Newsagency and the Cornerstone Medical Centre, showing a current annual return of approx. 6% per annum, makes this a very attractive investment not to be missed.

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 being only 1.15hrs away 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.



DISCLAIMER. We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

Property Details

• Type: Other, Retail, Medical/Consulting
• Building Area: 600 m² (approx)
• Land Area: 1,011 m² (approx)
• Return Value: 6.00
• Tenancy: Vacant