42 Cork StreetGundaroo NSW 2620
Property Details for 42 Cork St, Gundaroo
Last Listing description (April 2021)
Steeped in history with gorgeous stone buildings and stables - The Royal Hotel, Gundaroo was built circa 1830s. Two existing leases comprise the successful Grazing Restaurant and Function Centre and separate Gundog Estate Cork Street Cellar. Both leases are through to September 2021 with a further 5 year option to 2026.
Income per annum is $176,926 plus GST.
This is a unique opportunity to acquire this piece of real estate with award winning tenancies that are very popular with day trippers from Canberra as well as interstate visitors. Those seeking a one of a kind commercial investment in the increasingly popular village of Gundaroo should register their interest. The adjoining half acre wedding gardens provide scope for further development, or ask us about the adjoining property which is also available for purchase and which comprises an extra acre with a historic 1860's homestead, perfect for B&B or tourism accommodation.
Strong rental income and further income derived from onsite weddings
The Royal Hotel and Cellar Door are on its own half acre block
Wedding lawns and gardens on a second half acre (two titles)
Option to purchase adjoining acre with house for future expansion
Potential to develop tourist accommodation with purchase of house
Commercial property includes inventory and intellectual property
Main building and stables are constructed of 2ft thick stone walls
Grazing building was meticulously renovated in 2003
Stone Function Centre built in 2011
Gundog building was renovated and extended in 2011
In the heart of Canberra's wine district
For a detailed prospectus please contact us today
Property History for 42 Cork St, Gundaroo, NSW 2620
- 16 Sep 2021Sold for $2,065,000
- 27 Oct 2018Listed for Sale Expressions of interest closing 05/12/2018 at 04:00PM
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0About Gundaroo 2620
The size of Gundaroo is approximately 278.8 square kilometres. It has 2 parks covering nearly 0.8% of total area. The population of Gundaroo in 2016 was 1146 people. By 2021 the population was 1233 showing a population growth of 7.6% in the area during that time. The predominant age group in Gundaroo is 50-59 years. Households in Gundaroo are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gundaroo work in a professional occupation.In 2021, 87.90% of the homes in Gundaroo were owner-occupied compared with 80.70% in 2016.
Gundaroo has 703 properties. Over the last 5 years, Houses in Gundaroo have seen a 33.05% increase in median value, while Units have seen a 135.96% increase. As at 30 November 2025:
- The median value for Houses in Gundaroo is $1,252,897 while the median value for Units is $650,275.
- Houses have a median rent of $700.
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