55 Gibraltar StreetBungendore NSW 2621
Property Details for 55 Gibraltar St, Bungendore
55 Gibraltar St, Bungendore is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 2095m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (September 2020)
Bungendore Village commenced circa 1836 and the first evidence of a postal service was 1840, it was a time of bushrangers, food shortages and Cobb & Co.
Ray White Bungendore is proud to offer the Bungendore Post office for sale, built in 1882 and still standing strong in Bungendore's best location.
A freehold building with L2 Zoning and a strong visual aesthetic, this building has a strong community connection and holds enormous potential for the future as Local and State Governments plan the future for Bungendore's schools within this immediate area.
The building consists of a Postal Office and everything that goes with it, there is also has a 3 bedroom residence, these two rental entities return an estimated annual yield of 14% with a two year lease in place at this time, the block size is 2095sqm which allows room to grow. The postal business is not part of this sale.
The location, being across the road from Mick Sherd Oval and next to the Bungendore Public School confirm the exciting future of this building and the lucky new Owner will no doubt benefit from Bungendore's ongoing growth,
Of course this lovely old girl needs a paint, polish and some maintenance although we all do when we hit 140 years old, naturally there is some work to do although it will be worth it.
The land itself wraps around the building, it offers a large vehicle work space on the West side, a lovely grassed area alongside the long verandah on the Eastern side of the house.
All in all this is a unique offering in a valuable location, a strong income stream and more potential than most bank managers could understand, but wont have to at this price.
For more information or to arrange an inspection please contact Douglas (Doug) Merriman on 0419 999 001 or our office on 62380700.
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, in accuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
Property History for 55 Gibraltar St, Bungendore, NSW 2621
- 22 Sep 2020Sold for $720,000
- 28 Aug 2020Listed for Sale $695,000 - $720,000
- 18 Apr 2000Sold for $250,000
Recent sales nearby
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0About Bungendore 2621
The size of Bungendore is approximately 296.4 square kilometres. It has 11 parks covering nearly 12.7% of total area. The population of Bungendore in 2016 was 4178 people. By 2021 the population was 4745 showing a population growth of 13.6% in the area during that time. The predominant age group in Bungendore is 0-9 years. Households in Bungendore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bungendore work in a professional occupation.In 2021, 84.60% of the homes in Bungendore were owner-occupied compared with 81.10% in 2016.
Bungendore has 2,404 properties. Over the last 5 years, Houses in Bungendore have seen a 31.43% increase in median value, while Units have seen a 24.77% increase. As at 30 April 2026:
- The median value for Houses in Bungendore is $1,077,989 while the median value for Units is $661,868.
- Houses have a median rent of $820 while Units have a median rent of $590.
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