FOR SALE
Offers Over $2.45 million

17-19 Gympie Road
Tinana QLD 4650

Bedrooms: -
Bathrooms: -
Car spaces: 20
Land area: 3658m2
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HIGH-YIELD COMMERCIAL PROPERTY WITH $250K+ INCOME—MULTIPLE REVENUE STREAMS AND DEVELOPMENT POTENTIAL IN MARYBOROUGH

This is an exceptional investment opportunity in the rapidly growing regional hub of Maryborough. Located at 17-19 Gympie Road, this dual-title commercial property offers multiple income streams, immediate rental returns, and substantial future growth potential. Priced at Offers Over $2.45 million, this versatile property is perfect for both seasoned investors and operators looking to capitalize on strong market demand.
Key Investment Features:
-14 fully tenanted residential units generating consistent rental income:
-11 units leased at $250 per week.
-3 units leased at $320 per week.
-Combined rental income of $3,680 per week, totaling $191,360 annually.
-Long-term tenants in place, offering a stable cash flow for investors.
-Additional weekly rental income of $1,140.26 from a separate lease for 9 other units, adding $59,293.52 annually, for a total rental income of over $250,000+ per year.
Bar and Restaurant—Ready for Expansion:
The property boasts a fully licensed bar and commercial kitchen, providing further income potential.
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Property Details for 17-19 Gympie Rd, Tinana

Building Type
Commercial
Land Size
3658m2

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About Tinana 4650

The size of Tinana is approximately 37.3 square kilometres. It has 9 parks covering nearly 3.7% of total area. The population of Tinana in 2011 was 4,876 people. By 2016 the population was 5,468 showing a population growth of 12.1% in the area during that time. The predominant age group in Tinana is 60-69 years. Households in Tinana are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tinana work in a trades occupation. In 2011, 78.1% of the homes in Tinana were owner-occupied compared with 76.6% in 2016.

Tinana has 2,550 properties. Over the last 5 years, Houses in Tinana have seen a 97.15% increase in median value, while Units have seen a 63.52% increase. As at 31 October 2024:

  • The median value for Houses in Tinana is $580,895 while the median value for Units is $422,251.
  • Houses have a median rent of $510.
There are currently 42 properties listed for sale, and no properties listed for rent in Tinana on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Tinana.

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Thomas Dennis
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Oxbridge Property Group
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