Although metal nanoparticles (NPs) have been widely reported, Au NPs functionalized reduced graphene oxide (rGO)/GaN nanorods (NRs) for multi-functional applications are rarely discussed. The rGO is a well known transparent electrode and has been considering an alternative electrode to ITO in the current optoelectronic community. In this work, Au NPs functionalized rGO (Au@rGO)/GaN NRs hybrid structure probed for photodetector and CO gas sensing applications. The hybrid structure was characterized by scanning electron microscopy, transmission electron microscope, current-voltage characteristics, photo conductivity, and gas sensor measurements. The Au@rGO/GaN NRs showed higher photoresponsivity (lambda = 382 nm, 516 nm) compared to rGO/GaN NRs at room temperature. The rising and falling times of Au@rGO/GaN NRs are faster than that of rGO/GaN NRs. The hybrid structure Au@rGO/GaN NRs exhibited high CO gas response compared to rGO/GaN NRs at room temperature (similar to 38% to the 20 ppm). Au NPs played an important role in terms of electronic and chemical changes in the hybrid structure for improving both photodetectors the CO gas response. Such a multi-functional hybrid device is an interest of various room temperature applications.