Last Listing description (February 2024)
Raine & Horne Commercial Canberra are pleased to offer 54 & 56 Cork Street, Gundaroo for sale by Expression of Interest.
Nestled in the heart of Gundaroo, a charming 19th-century riverside village located approximately 30km north of Canberra. The village boasts a heritage-listed status (classified by the National Trust) and is renowned for its well-preserved historical charm. It has become a significant tourist attraction, attracting visitors seeking a unique blend of history, culture, and exceptional food and wine experiences. Surrounded by premium cool climate vineyards, Gundaroo offers a delightful retreat for guests seeking a tranquil escape.
Gundaroo's reputation as a food and wine haven serves to enhance the hotel's overall appeal and popularity. The property is surrounded by renowned local establishments such as Grazing, Cork Street Cafe Pizzeria, Gundaroo Colonial Inn, and Gundog Estate Cellar Door Cafe, creating a unique selling point and further attracting guests to indulge in the local gastronomic scene.
56 CORK STREET - THE NEST AT GUNDAROO
The Nest at Gundaroo, at 56 Cork Street, is an award-winning and well-renowned luxury boutique hotel. The Nest is a fully operational & thriving business, providing luxury accommodation to locals in the Canberra region, and tourists from across Australia and overseas. Newly built and opened in December 2015, The Nest at Gundaroo has already solidified its reputation as a premier destination for luxury, short-stay accommodation. With a track record of exceptional guest satisfaction and positive reviews, this hotel is poised for continued success. This property benefits from its proximity to Canberra and its tourism attractions, while offering a peaceful retreat away from the city's hustle and bustle. The region's popularity as a tourist destination ensures a steady stream of visitors year-round. Catering to a wide range of clientele, from couples seeking quiet weekends away to celebratory gatherings and wedding parties, this hotel appeals to various target markets, ensuring consistent occupancy levels.
The Nest at Gundaroo boasts luxurious rooms that have been meticulously designed to offer unparalleled comfort and style. Guests can unwind and rejuvenate in an atmosphere of refined elegance, complemented by exceptional service provided by a dedicated and experienced staff. The Nest includes five new-build villas - Heron, Cockatoo, Magpie, Rosella and Kestrel - with all guests enjoying access to free parking, free internet, wood-fired heaters, and reverse cycle air conditioning. As an exceptionally well-run business providing guests with an unforgettable hospitality experience, The Nest has received numerous accolades, hundreds of reviews and favourable comments from guests, reflecting the quality service and facilities that have been of the highest priority since the business started trading. The Nest is also a popular wedding venue, with Spring and Autumn bringing an average of 1 - 2 weddings each weekend, with all rooms booked out for two or more nights.
The property consists of 4 separate buildings, two on cement slabs and two on pillar foundations, including 5 self-contained villas and an administrative/housekeeping building. All buildings have been well insulated and have double-glazed windows. In addition to a substantive septic system, the property has solar hot water, and an electrical solar system including battery - to keep electrical costs manageable. The gardens are well-love and established - providing a tranquil and aesthetic environment to guests. The business 'The Nest at Gundaroo' and also the property are for sale under separate negotiation.
54 CORK STREET - GUNDAROO IGA / POST OFFICE / LIQUOR STORE / TAKEAWAY & CLEMENGER'S COTTAGE
Located at the front of the site is the beautifully renovated and heritage-listed "Clemenger's Cottage", built in 1887. It is named Clemenger's Cottage after its first owner - William Clemenger, the original Postmaster of Gundaroo. This charming cottage has been recently renovated. It has two bedrooms, a living room, a kitchen, and a combined bathroom/laundry. The cottage has many features new and old including ducting heating, a woodfire, veranda's front & rear, timber floors, pressed metal ceilings, and a modern kitchen. Clemenger's Cottage is currently leased as part of The Nest and is loved by families who are heading up to the Snowies on their way from Sydney, or families who are travelling between Melbourne, Sydney and Brisbane. This cottage has also been booked by many companies to house their workmen who are working in the region for a week or more.
To the rear of Clemenger's Cottage is a large 360sqm (approx) retail building that is currently set up as a combined Supermarket (IGA), Post Office, Liquor Store, and Takeaway. It has an open plan retail area, a liquor room, a takeaway kitchen, two cool rooms, an office, a bathroom, two storage rooms, and external access via a roller door. The building is currently leased to Gundaroo Grocer & Cork Street Cellars on a 5-year lease from 1st April 2019 - 31 March 2024, with a 5-year option period from 1st April 2024 - 31 March 2029. The tenant has advised that they wish to exercise the option and this is currently in the process of being executed.
A PV Solar system has been fitted to buildings in 54 Cork Street.
54 & 56 Cork Street are available to purchase in-one-line or individually and are offered to the market by Expression of Interest. For further information including floor plans and financial information, or to arrange a private viewing, please contact exclusive listing agent Mark Nicholls at Raine&Horne Commercial on 0417 239 551.