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6 Gibraltar Street BUNGENDORE

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PROPERTY ID # 3340859
Block size 1979m2 with dual zoning for commercial and residential plus approved DA for restaurant


This is a rare opportunity!! Blocks that have both residential and commercial zoning are few and far between.

Being dual zoned for B2 and B4, you could land bank this property for a myriad of future opportunities (an outline of the zoning opportunities are below and subject to council approval) and rent out the current residential home or make use of the current approved DA for a restaurant.

The property has a central village location in one of the main streets of Bungendore, along with the post office, primary school, police station, produce centre, 2 pubs, garden centre, bakery, butcher, cafes and a number of residential homes.

Currently there is a three-bedroom home featuring raked ceilings, timber panelled walls, two living areas, reverse cycle split system heating and slow combustion heating. There's a triple garage in the back of the garden and a large garage.

Main Features Include:

1979m2 block
Under cover, front verandah
3 bedroom home
Timber panelled walls
Raked ceiling in living rom
Separate sunny living area with floor to ceiling windows
Study nook
Spacious bathroom with bath and separate shower
Large paved patio entertaining area
Triple garage
Large paddock
Located on main street
Dual zoning for commercial and residential - B2 and B4

Extract from Palerang Council re zoning:

Zone B2 Local Centre 1
Objectives of zone B2:
-To provide a range of retail, business, entertainment and community uses that serve the needs of people who live in, work in and visit the local area.
-To encourage employment opportunities in accessible locations.
-To maximise public transport patronage and encourage walking and cycling.
-To ensure that new development has regard to the character and amenity of the locality.
-To strengthen the viability of Palerang's existing business centres as places for investment, employment and cultural activity.
-To support business development by providing parking and other civic facilities.

2 Permitted without consent
-Home businesses; Home occupations

3 Permitted with consent
-Amusement centres; Boarding houses; Car parks; Child care centres; Commercial premises; Community facilities; Educational establishments; Electricity generating works; Entertainment facilities; Environmental protection works; Flood mitigation works; Function centres; Home-based child care; Home industries; Home occupations (sex services); Information and education facilities; Medical centres; Mortuaries; Passenger transport facilities; Places of public worship; Public administration buildings; Recreation areas; Recreation facilities (indoor); Recreation facilities (outdoor); Registered clubs; Respite day care centres; Restricted premises; Roads; Service stations; Sex services premises; Shop top housing; Signage; Tourist

Zone B4 Mixed Use
Objectives of zone:
-To provide a mixture of compatible land uses.
-To integrate suitable business, office, residential, retail and other development in accessible locations so as to maximise public transport patronage and encourage walking and cycling.
-To ensure that new development has regard to the character and amenity of the locality.
-To strengthen the viability of Palerang's existing business centres as places for investment, employment and cultural activity.
-To support business development by providing parking and other civic facilities.

2 Permitted without consent:
-Home businesses; Home occupations

3 Permitted with consent:
-Amusement centres; Boarding houses; Car parks; Child care centres; Commercial premises; Community facilities; Educational establishments; Electricity generating works; Entertainment facilities; Environmental protection works; Flood mitigation works; Function centres; Home-based child care; Home industries; Hotel or motel accommodation; Information and education facilities; Medical centres; Mortuaries; Passenger transport facilities; Places of public worship; Recreation areas; Recreation facilities (indoor); Recreation facilities (outdoor); Registered clubs; Residential accommodation; Respite day care centres; Restricted premises; Roads; Seniors housing; Service stations; Shop top housing; Signage; Tourist and visitor accommodation; Water recycling facilities; Water reticulation systems

4 Prohibited:
-Dual occupancies; Hostels; Residential flat buildings; Rural workers' dwellings; Any other development not specified in item 2 or 3

GENERAL INFORMATION ON BUNGENDORE

Bungendore is a popular tourist village with the most amenities found in country village so close to Canberra. These amenities include Bendigo Bank, doctors, chemist, primary school, pre-school, child-care facilities, hardware supplies, police station, petrol station, swimming pool, solicitors, real estate agents, many cafes/restaurants, tourist shops, the woodworks gallery, B&B's, pubs etc

Any property in Bungendore will be a good investment with Defence Headquarters located with in15 minute drive and Canberra only half an hour away

Disclaimer:

While all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regards to any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate information provided.

  

Inspection Times
10:30am - 11:00am
Saturday, 25 May 2019

Contact
John Brady
PH: 02 6162 0333
MOB: 0422 132 240
Email Agent

Developed by Console Group