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Overview
Situated in one of Bungendore's central commercial hubs, adjacent to the well-known Royal Hotel, 36A Gibraltar Street offers a unique mixed-use property opportunity at the heart of the town. The property occupies a generous 924 square meter block, featuring excellent exposure and street frontage to maximise business visibility.
This versatile offering includes fully equipped commercial premises on the ground floor, presently fitted out as a restaurant with a commercial kitchen, dining area, food preparation spaces, walk-in fridge, multiple storage rooms, amenities, and utility areas. The commercial space is well suited to continue as a hospitality venue or can be adapted for other commercial uses such as retail, café, professional offices, or alternative business ventures given its flexible setup.
Above the commercial space, there is a spacious and light-filled residential apartment featuring three bedrooms and two bathrooms. The open-plan kitchen, living, and dining area opens to a balcony that overlooks the property's backyard with mature fruit trees, providing a pleasant outlook and natural ambience. Large windows render the interior bright and airy, and the apartment features independent access, allowing for separate residential occupancy from the commercial premises below.
The extensive rear yard provides valuable additional space seldom found in town-centre commercial properties. This area offers potential for further development, expansion, or the creation of enhanced external amenities subject to council approval (STCA).
Located within Bungendore's active commercial precinct, this property benefits from significant exposure and is a noteworthy consideration for restaurateurs, investors, or owner-operators seeking a live-work arrangement. The dual use, location, and scale provide multiple income and lifestyle possibilities.
Key features include:
- Prime mixed-use property positioned centrally in Bungendore
- Generous 924 square meter block with excellent street exposure
- Ground-level commercial premises functioning as a restaurant
- Commercial kitchen, dining space, walk-in cool room, and storage areas
- Spacious three-bedroom, two-bathroom residential apartment on the upper floor
- Open-plan kitchen, dining, and living areas with balcony overlooking backyard
- Separate entry providing independent residential access
- Covered parking for two vehicles
- Large rear yard offering potential for future development or expansion (STCA)
- Suitable for owner-occupiers, investors, or live-work style arrangements
The property is conveniently situated minutes from local parks and walking trails. It is only a 10-minute walk to local pre-school, primary, and high schools. Bungendore is approximately 15 minutes from HQJOC and 20 minutes to Queanbeyan, with a straightforward 40-minute commute to Canberra's CBD. The area also benefits from abundant school bus services covering North and South Canberra as well as Queanbeyan and Braidwood.
Bungendore offers a growing community with local amenities including an IGA, childcare facilities, health professionals such as naturopaths, doctors, physiotherapists, and an increasing number of cafés, restaurants, motels, hotels, and specialty shops supporting its expanding tourism sector. The vibrant lifestyle and community spirit are enriched by various clubs, pubs, and sporting options available for residents' leisure and social activities.
This mixed-use property offers a rare chance to acquire a high-profile commercial and residential asset in Bungendore, ideal for those seeking diverse opportunities in a thriving regional centre.
Local Market Insights
In Bungendore, Quiet Listings observed 3 new commercial properties entering the market over the last 30 days, with an average advertised asking price of $783,333. The property type mix of listed properties is predominantly Houses at 77%, followed by commercial properties (12%), and land (12%). LJ Hooker was the most active agency monitored, representing 29.2% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Bungendore NSW 2621
Market Insights for Bungendore NSW 2621
Other properties in this postcode
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