The life blood of this country town is up for sale

Everyday services are the heartbeat of many country towns, offered up by those essential businesses that keep a community fed, healthy and connected.

Just across the border in Bungendore, an enviable trifecta of essentials is conveniently located on one sizeable town property that’s now for sale.

Investors will likely want to take a close look at the opportunity at 17 Gibraltar Street with its three long-term tenancies that sit on a 1011-square-metre town site.

It would probably be hard to find businesses that are more essential to the town than the Bungendore Country Butchery, the post office-newsagency and the Cornerstone Family Practice.

Dan Woodford of PRDnationwide says the property represents a great prospect for investors and offers a very attractive annual yield.

“It’s currently showing a healthy annual return of around 6 per cent per annum. It’s a great opportunity, not to be missed,” Woodford says.

“This is a timely option for investors to secure a freehold commercial property in the ever-growing Bungendore village.”

The property comes with a $3.15 million price guide.

For out-of-towners, Bungendore is only a 40-minute drive from the Canberra CBD and 2.5 hours from Sydney.

Canberra airport is even closer – around 25 minutes away. Bungendore is also on the railway line to Sydney.

And it’s a popular stopover for Canberrans on the weekend run to the coast or for day trippers.

$3,150,000

17 Gibraltar Street, Bungendore NSW 2621

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