Retail

Property ID: 413907

 

Investment Opportunity in Gympie CBD I 6.7% Return

52-54 Mary Street, Gympie, QLD 4570

Emily Pendleton and Abi Rowlands from the RWC Northern Corridor Group are pleased to present 52-54 Mary Street, Gympie to the market for sale. This is the first time in 30 years that the property has been offered to the market. This investment opportunity boasts ample development potential and investment upside. It is located in the Gympie CBD, less that 2 kilometres away from Goldfields Shopping Plaza & Cinemas, Gympie Hospital and the Bruce Highway to name a few.

Features of this property include:
• Net lettable area of 190m2*
• Located on a thriving retails strip in the Gympie CBD
• Ample street exposure and foot traffic
• Current net income of $43,539.76 per annum
• Secured income to November 2023 (Shop 52)
• Secured income to December 2023 (Shop 54)

For more information on this property or to arrange an inspection, please contact Emily Pendleton or Abi Rowlands.

*Approximately

For Sale

Contact Agent

Emily Pendleton