144-146 Sheridan Street

In the very centre of historic Gundagai, this fully leased, income-producing property offers immediate returns with exciting scope for future development. Set on 722.7sqm & surrounded by iconic local businesses, it sits in the busiest part of town yet enjoys the charm & character that makes Gundagai such a welcoming community. With council approval, there is potential to build an apartment above the existing shops or add further structures at the rear, giving investors the chance to significantly increase value & versatility. Currently returning $3,825 per month, all three tenancies are occupied, providing stable income & flexible leasing options. The street-front office enjoys wide glazing, modern finishes & a balcony overlooking Morleys Creek. The adjoining one-bedroom apartment offers beautiful timber floors, high ceilings & the ability to function as either residential or commercial space. At the rear, a neat office with lane access adds further diversity to the tenancy mix. The location is unbeatable steps from Bendigo Bank, Foodworks, Niagara Café, the Criterion Hotel & an easy walk to Woolworths, schools, parks, clubs & transport links. Positioned halfway between Melbourne & Sydney, Gundagai attracts steady visitor traffic while maintaining strong local demand. With a solid building, reliable tenants & untapped development potential, this is a standout opportunity for savvy investors seeking long-term growth & immediate cash flow. The large rear yard, complete with enclosed carport, offers even more room to expand. A rare chance to secure a high-exposure, high-return property in one of the region's most recognisable main streets. Contact Marya m 0425 275 555 for more details or to arrange a viewing.