34 Exhibition Road,
Gympie, QLD 4570
Shops & Retail • Offices
Price information
Sold
$495,000
Key property information
Land area
Floor area
Tenure type
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Map of 34 Exhibition Road
Excellent Tenanted Investment Opportunity in Gympie
Situated in the tightly held commercial precinct at Southside, this is an outstanding investment opportunity for all types of investors.
This freehold property includes a building of approx.. 160 square metres sitting on approx.. 727 square metres of land with outstanding street exposure along Exhibition Road.
It should be noted this building has a class 5 & 6 attached to it, allowing the potential use to be either offices or shops. There is of course the potential to value add to this property given the size of the block and its' location.
Property highlights include:
- Gross rental income $49,400p.a.
- Current 5 x 5 year lease in place (commenced in 2016)
- Certificate of Classification - Class 5 & 6 (Office & Shop)
- On-site parking
- Land size of approx. 727sqm
- Building size approx. 160sqm
With a net yield on offer of between 8.5-9%, these sorts of investment opportunities are hard to find. The property is located in a growth corridor of Gympie (Southside) where commercial vacancies are extremely low. The new medical centre is across the road and Southside Woolworths is around the corner.
This freehold property includes a building of approx.. 160 square metres sitting on approx.. 727 square metres of land with outstanding street exposure along Exhibition Road.
It should be noted this building has a class 5 & 6 attached to it, allowing the potential use to be either offices or shops. There is of course the potential to value add to this property given the size of the block and its' location.
Property highlights include:
- Gross rental income $49,400p.a.
- Current 5 x 5 year lease in place (commenced in 2016)
- Certificate of Classification - Class 5 & 6 (Office & Shop)
- On-site parking
- Land size of approx. 727sqm
- Building size approx. 160sqm
With a net yield on offer of between 8.5-9%, these sorts of investment opportunities are hard to find. The property is located in a growth corridor of Gympie (Southside) where commercial vacancies are extremely low. The new medical centre is across the road and Southside Woolworths is around the corner.
Property ID: 502761990Last Updated: 28 Jul 2023
07 3397 42...
34 Exhibition Road
Gympie, QLD 4570
NAI Harcourts Property Centre1/195 Weyba Road, Noosaville Qld 4566 and 15 Harries Road
COORPAROO, QLD 4151
COORPAROO, QLD 4151
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