If you're looking for the perfect addition to your investment portfolio, look no further! This multi-unit property is comprised of three individual units, all of which are currently tenanted, with the added bonus of two-street frontage. Situated within walking distance to Gympie's CBD, public library, childcare and schools, these units are incredibly attractive to prospective tenants.
Unit A:
• Two good-sized bedrooms
• Spacious living room
• Eat-in kitchen
• Bathroom with separate toilet
• Separate laundry
• Currently tenanted until October for $335 per week
Unit B
• One large bedroom
• Combined dining/living area
• Standalone kitchen
• Bathroom with linen storage and separate toilet
• Separate laundry
• Currently tenanted until September for $285 per week
Unit C
• One large bedroom
• Combined dining/living area
• Standalone kitchen
• Bathroom with linen storage and separate toilet
• Separate laundry
• Currently tenanted until September for $275 per week
Additional Features:
• Double carport
• Separate Hills hoist clotheslines for each unit
• Two street frontage
• Situated within easy walking distance to Gympie's CBD
Boasting a combined total income of $895 per week (gross return of 5.97% per annum), this property is the perfect entry to the investment market. Multi-unit dwellings are rare to the market, don't miss out on this opportunity, contact the marketing agent, Ben Job to arrange your inspection today.
Features
4 bedrooms
3 bathrooms
directions_car2 carspaces
directions_car2 carport spaces
crop_free815 m² lot size
cottageBlock of units
Property history for 16 Alma Street
2021
Sold
$350,000
19 Apr 2021 by Billy Mitchell, of Ray White Gympie
2016
Sold
$308,000
Private Sale/Treaty on 06 Mar 2016 by Billy Mitchell, of Ray White Gympie
Happy sellers in Gympie
92%
sentiment_very_satisfied
92% of sellers in Gympie reported that their sale price either exceeded or met their price expectations.
Gympie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 42 reviews in Gympie over the last 12 months.
Local market activity for 4 bedroom block of units in Gympie
Sold
For Sale
For Rent
View the listing for inspection times, agent contact details, and more.