97-99 Herbert Street, Gulgong, NSW 2852 sold on 18 December 2024 | OnTheHouse
SOLD
Sold on 18 Dec 2024 for $1,100,000

97-99 Herbert Street
Gulgong NSW 2852

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1834m2
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Property Details for 97-99 Herbert St, Gulgong

Building Type
Commercial
Land Size
1834m2
Local Government
Mid-Western Regional
Lot/Plan
1/27/DP758482

Last Listing description (July 2024)

Troy McKellar Real Estate is proud to present for sale this prestigious and iconic pub, "The Post Office Hotel" in Gulgong.

This is an outstanding and rare opportunity to acquire a profitable family hotel located in the booming central west of NSW just 20 minutes north of Mudgee and 3.5 hours from Sydney.

Built in 1904 this freehold going concern occupies a prominent corner position of 1834sqm and boasts a diversified mix of trade that is well supported by the locals, tourists and the high volume of renewable energy contractors in the region.

This unique property offers,

- Bar, Bistro, Beer Garden plus TAB & KENO area
- Well stocked bottle-shop one of only two in town
- Three bedroom managers residence
- Former D/A approval for 6 studio units
- Upgraded commercial kitchen & electrical systems
- Value add opportunities available
- Healthy diversified mix of trade
- Turn key operation

To receive further information regarding this opportunity, or to arrange an inspection, please contact the exclusively appointed Troy McKellar Real Estate.

Property History for 97-99 Herbert St, Gulgong, NSW 2852

A timeline of how this property has performed in the market
Last Sold
$1,100,000
18 Dec 2024
  • 18 Dec 2024
    Sold for $1,100,000
  • 06 Jun 2024
    Listed for Sale $1,600,000 Plus Stock
  • 23 Sep 2022
    Sold for $750,000
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About Gulgong 2852

The size of Gulgong is approximately 101.0 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Gulgong in 2016 was 2521 people. By 2021 the population was 2680 showing a population growth of 6.3% in the area during that time. The predominant age group in Gulgong is 0-9 years. Households in Gulgong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gulgong work in a trades occupation.In 2021, 72.10% of the homes in Gulgong were owner-occupied compared with 67.80% in 2016.

Gulgong has 1,679 properties. Over the last 5 years, Houses in Gulgong have seen a 69.11% increase in median value, while Units have seen a 49.93% increase. As at 30 November 2025:

  • The median value for Houses in Gulgong is $542,794 while the median value for Units is $507,967.
  • Houses have a median rent of $530 while Units have a median rent of $320.
There are currently 29 properties listed for sale, and 4 properties listed for rent in Gulgong on OnTheHouse. According to Cotality's data, 104 properties were sold in the past 12 months in Gulgong.

Suburb Insights for Gulgong 2852

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.