Share this property

realcommercial.com.au
Colliers - Sunshine Coast

22 & 26 Duke Street Gympie, QLD 4570

22 & 26 Duke Street,
Gympie, QLD 4570

Offices

Key property information

Land area

Floor area

Tenure type

Sold on

Colliers - Sunshine Coast
Jesse Howitt

Colliers - Sunshine Coast

Level 5, 57 The Esplanade
COTTON TREE, QLD 4558
04684956...
Colliers - Sunshine Coast
22 & 26 Duke Street
Gympie, QLD 4570

Map

Directions

High Yielding Investment (7%) & Land Bank or Immediate Development Opportunity

  • Estimated Net Income: $184,979 p.a.*
  • Six-year lease to Queensland Government
  • Land: 736m²* NLA: 500m²* plus parking
First time offered to market, 22 and 26 Duke Street presents a rare opportunity to purchase together or separately, a high yielding commercial freehold building anchored by a 6-year lease to Queensland State Government plus an adjoining ‘dry’ regular shaped commercial block located within walking distance of Gympie's town centre.

26 Duke Street
- Secured income stream of $184,979* net per annum
- Fully leased to Queensland Government/Department of Housing and Public Works who have been in the premises since 2002
- Rare improvements on freehold title offering 500m²* of lettable area plus basement parking ideal for a variety of users
- Centrally located just a short walk to Gympie's town centre and outside of flood overlay

22 Duke Street
- Area: 682m²*
- Central location with District Centre Zoning
- Regular shaped block with double frontage
- Opportunity to land bank a strategic piece of commercially zoned land within close proximity to town centre
- Chance for immediate development
- Rectangular shaped block with dual access from Duke Street and Reef Street
- Zoning allows for mixed use development including retail, commercial and residential

For Sale by Private Treaty
22 Duke Street: $300,000 plus GST
26 Duke Street: $2.65 million (7%)

For further information or to arrange an inspection please contact exclusive marketing agent Jesse Howitt

*Approximately

Gympie, 4570 demographic data

The median household income for Gympie is $1,022, 32% lower than Regional Queensland's household income of $1,507. Gympie has an older age profile compared to the rest of Regional Queensland (median age 42 vs 41). Property ownership data shows 44% of property owners in Gympie have a mortgage.

11,355
Population
$1,022 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
Colliers - Sunshine Coast
Level 5, 57 The Esplanade
COTTON TREE, QLD 4558

More properties from Colliers - Sunshine Coast

Other properties you might be interested in based on the location and property type you are looking at.