36A Gibraltar Street, Bungendore NSW 2621

$1,350,000

3 beds

2 baths

Commercial & Residential Opportunity Right In The Heart Of Bungendore

Positioned in one of Bungendore's most prominent commercial locations, directly alongside the iconic Royal Hotel, 36A Gibraltar Street presents a rare opportunity to secure a versatile mixed-use property in the centre of town, the zoning is E1, Local Centre and allows a wide range of permissable uses.

Set on a generous parcel 924m² of land with excellent street presence, the property combines fully fitted commercial premises on the ground floor with a spacious residential apartment above, offering the ideal setup for owner-operators, investors or those seeking to live and work from one address.

The ground floor is currently configured as a restaurant and commercial kitchen, complete with a dining area, food preparation spaces, walk in fridge, storage rooms, amenities and utility areas. Whether you're looking to continue operating a hospitality business, establish a café, retail venture, professional rooms or explore alternative commercial uses, the flexibility on offer is exceptional.

Above, the light-filled apartment provides comfortable accommodation with three bedrooms, two bathrooms and an open-plan kitchen, living and dining area, the balcony overlooks the fruit trees growing in the backyard. Large windows and elevated local views create a welcoming living environment, while the separate access allows for independent residential occupancy.

The expansive rear yard further enhances the property's appeal, providing additional space rarely found in commercial town-centre locations and offering future potential for expansion, additional improvements or enhanced customer amenity (STCA).

Located within Bungendore's thriving commercial precinct and benefiting from exceptional exposure, restaurateurs and investors should note this is a unique opportunity to secure a highly versatile property with multiple income and lifestyle possibilities.

Key features:
• Prime mixed-use property in central Bungendore Village
• 924sqm block with excellent street frontage and exposure
• Ground-floor commercial premises currently operating as a restaurant
• Commercial kitchen, dining area, walk-in cool room and storage spaces
• Spacious three-bedroom, two-bathroom apartment upstairs
• Open-plan living, dining and kitchen area
• Separate access to residential accommodation
• 2 car undercover parking
• Large rear yard with future development or expansion potential (STCA)
• Suitable for owner-occupiers, investors or live-work arrangements

36A Gibraltar Street is minutes from parks, close to walking tracks and a 10 minute walk to the pre-school, primary and high schools. Bungendore is located just 15 minutes from HQJOC, 20 minutes to Queanbeyan and an easy 40 minute commute into Canberra's CBD, school buses to Braidwood and Canberra are in abundance (North, South Canberra and Queanbeyan). There is a local IGA, childcare centres, naturopath, doctors, physio and bakeries. Cafes and restaurants, motels and hotels and numerous shops reside in Bungendore as the town grows in tourist numbers. The lifestyle and the community are part of what makes this town so wonderful, with clubs, pubs and sports to fill your free time.

For further information or to arrange a private inspection, please contact Doug Merriman on 0419 999 001 or Ray White Bungendore on 6238 0700 to schedule a time to view.

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
• Bedrooms: 3
• Bathrooms: 2
• Land Area: 924 m² (approx)

Eco Friendly Features

EER (Energy Efficiency Rating):