OFFERS CLOSE 28 AUGUST 2023 5:00 PM - PLEASE CONTACT TIANA IF YOU WISH TO PUT AN OFFER IN - OWNER MOTIVATED TO SELL!!!!!
Presenting an incredible investment opportunity, this low-maintenance duplex boasts an excellent location just 5 minutes from Gympie CBD.
In a lovely setting backing onto Gympie South State School, the property is positioned on a large 648sqm block with a wide 20m frontage and peaceful surroundings.
Neatly presented with generous layouts and returns of $570 per week, each unit includes two bedrooms, one bathroom and parking for one car.
This is a prime opportunity to purchase a dual-income property. For the current owner, this has always been a good income-producing property that has been a "set and forget" part of his portfolio.
FEATURES OF THE PROPERTY
- Both tenants are long term
- Unit One $310 per week | 2 Bed 1 Bath 1 Car
- Unit Two $260 per week | 2 Bed 1 Bath 1 Car
- Potential rent return of $340 - $360 p/w
- 648 sqm | Surrounded by School Land, therefore, no neighbours
- Great-sized, open-plan living with versatile kitchen's and bathroom's
Any development would be subject to council approval:
Land Use 1: Multi Unit Dwelling (Flats)
Land Use 2: EXCLUSIVE USE AS SINGLE DWELLING OR FARMING
Zoning: HOUSING
Presenting a unique opportunity for investors and developers, the neighbouring 9 freehold unit complex at 20 Valentine Street is also for sale, granting you the chance to purchase one or both properties.
Location
- Backing onto Gympie South State School
- 500m to Gympie Southside Town Centre with Woolworths and cafes
- 1km to Gympie Showgrounds, farmers markets and sports grounds
- 1.2km to Gunabul Homestead Golf Course
- 1.6km to Cooloola Christian College
- 5 mins to Gympie CBD and Gympie Hospital
For additional information, please enquire about the property compendium.
