114 Sheridan Street Gundagai, 2722 NSW

Investment Opportunity!

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An exciting opportunity to secure a prime commercial property situated in the main street of iconic Gundagai.
Three levels of leasable space await owner/operators, individual investors or any SMSF.
The street level is occupied by a physiotherapy and fitness centre. It consists of a large therapy space with 2 private appointment rooms, plus kitchenette and toilet. The space is climate controlled with 4 split system air-conditioners. Currently leased at $315/week until November 2026.
Upstairs is a fully self-contained 3-bedroom unit. The open plan lounge and dining area with split system air-conditioner surrounds a large kitchen. Three doorways open onto the historic veranda and views of Gundagai's recently restored main street. Heritage lovers will appreciate the pressed metal ceilings and decorative fireplace. Currently leased at $340/week.
Downstairs contains a large lockable storage area with the potential for a third tenant.
The property currently returns 5.79% on the asking price.
Situated on a 760m2 block with dual access from both Sheridan and Homer Streets, the property is within walking distance to the medical centre, supermarket, schools, golf course, racetrack, football fields and public swimming pool.
The opportunities are endless, where the dog sits on the tuckerbox, five-miles from Gundagai.

For Sale $588,000

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Inspection of this property is available strictly by arrangement only.

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