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Gundagai
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136-140 Sheridan Street
gundagai
NSW, 2722

$699,000

listing rooms 2
listing bathrooms 2
listing parking 2
Land: 907 sqm

Triple Income Opportunity!

With a rich local history and first established and erected circa 1864 and recently refurbished. This triple level, triple income opportunity, boasts two separate residences and a long-term lease for the street level and business operations of the local PRD real estate. With both residences also occupied, 136-140 Sheridan Street offers a diverse opportunity with a weekly return of $970 per week.

Consisting of a fully refurbished lower level one bedroom unit, business operating from street level, also refurbished and a one bedroom fully contained and updated unit as shop top housing, this is an opportunity not to be missed. Call today to book your inspection.

Premiere Features:

Unit 1 - Downstairs (140 Sheridan Street) Fully Refurbished
- One privately positioned king size bedroom with ample power options and space for additional living or storage if required
- Walk through robe off the master boasting ensuite
- Ensuite with floor to ceiling tiling, separate shower, single vanity and toilet
- Open plan kitchen with stainless appliances, tiled splash back, ample bench space and cabinetry, including walk in pantry
- Open plan living with direct external access and serviced by reverse cycle air conditioning
- Large fully covered and private outdoor entertaining
- Dual carport to the rear
- Vehicle access via Sheridan Lane
- Secure laundry with additional toilet on lower ground level also
- Currently tenanted at $320 per week until 16th November 2024

Shop 1 - Street Level (136 Sheridan Street) Fully Refurbished
- PRD Real Estate Gundagai office space
- Large reception area with timber flooring
- Additional open plan office space all with timber flooring, raw brick and plaster board, pressed metal ceiling, all serviced by reverse cycle split system air conditioning
- Private carpeted meeting room
- Large kitchenette area, fully tiled and direct access to office space and toilet
- Separate and private toilet positioned to the rear
- Secure storeroom within the office as under stair storage
- Additional detached secure store room on ground level (below street level)
- Currently tenanted at $350 per week GST inclusive until 1st November 2025

Unit 2 - Upstairs (138 Sheridan Street)
- Unit 2 accessed via entry on Sheridan Street
- King sized bedroom with dual access via the main living or combined laundry/bathroom
- Large combined laundry/bathroom positioned to the rear of the plan and offering separate shower and toilet, laundry area with dual use vanity/basin including storage and built in linen
- Large open plan living area accessible from upstairs landing and serviced by reverse cycle air conditioning and ceiling fan
- Kitchen overlooking Sheridan Street and offering electric cooktop, built in cabinetry and basin and open shelving
- Internal landing at top of stairs offers direct access to laundry and/or main living
- Sash windows and pressed metal ceilings in bedroom and living
- Currently tenanted at $300 per week until 30th November 2024

With a diverse income and long-term prospect of the trading business and two levels being completely refurbished and the third with updates throughout. 136-140 Sheridan Street is a historic opportunity not to be missed. Call today to book your inspection or for further information.

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About gundagai

median house price

430000

suburb growth

6.2%

median house rent

440

suburb rental yield

5.3%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

Floorplan 1
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