FOR SALE
$550,000 + GST

123 Mary Street
Gympie QLD 4570

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 410m2
Land area: 556m2
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PRINCIPAL CENTRE RETAIL & OFFICE SITE

Tom Grady Real Estate is proud to offer this Mary Street property for sale.
Fully leased in July 2023 for three years with a further three year option, the premises are currently returning 9.1% net.
With annual CPI increases built into the lease, this property represents a sound investment opportunity.
The ground level comprises approximately 300m2 of retail space currently separated by a dividing wall with two separate shop frontages. Individually, the spaces comprise approximately 140 m2 and 160 m2, the larger one includes bathroom and toilet facilities.
The upstairs space is accessed via internal stairs at the eastern side of the property.
This level comprises approximately 110 m2, including a kitchen / meals area and toilet / bathroom facilities. The operational space on this level includes a large space that could suit an administrative / operational purpose, a room that could be used as a large meeting room, a reception area and storeroom.
Contact: Peter Scott on 0458 958 286
Tom Grady Real Estate
155 Mary Street, Gympie
Phone (07) 5482 6622
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Property Details for 123 Mary St, Gympie

Building Type
Commercial
Floor Size
410m2
Land Size
556m2

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About Gympie 4570

The size of Gympie is approximately 15.2 square kilometres. It has 32 parks covering nearly 13.9% of total area. The population of Gympie in 2011 was 10,156 people. By 2016 the population was 10,787 showing a population growth of 6.2% in the area during that time. The predominant age group in Gympie is 0-9 years. Households in Gympie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gympie work in a labourer occupation. In 2011, 57.8% of the homes in Gympie were owner-occupied compared with 54.1% in 2016.

Gympie has 6,431 properties. Over the last 5 years, Houses in Gympie have seen a 102.46% increase in median value, while Units have seen a 29.09% increase. As at 31 July 2024:

  • The median value for Houses in Gympie is $515,162 while the median value for Units is $371,985.
  • Houses have a median rent of $500 while Units have a median rent of $345.
There are currently 81 properties listed for sale, and 25 properties listed for rent in Gympie on OnTheHouse. According to CoreLogic's data, 389 properties were sold in the past 12 months in Gympie.

Suburb Insights for Gympie 4570

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Peter Scott
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Tom Grady Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.