14A Alma StreetGympie QLD 4570
Property Details for 14a Alma St, Gympie
14a Alma St, Gympie is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 1131m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 8 bedroom Unit sold in Gympie in the last 12 months.
Last Listing description (December 2023)
Opportunity presents to take advantage of 4 x 2 bedroom, 1 bathroom investment units with high yield potential. Explore the potential of this investment powerhouse at 14 Alma St, in the heart of Gympie.
With eight bedrooms and four bathrooms spread across two separate buildings, each boasting two x two bedroom units, this property promises a generous return on investment. The easy floorplan showcases a neat layout with separate living rooms, kitchens and bathrooms for each unit. Additionally, every unit has rear access and covered car parking to ensure convenience for all tenants.
The property features low-maintenance indoor elements including gas cooking facilities and laundry rooms that appeal to long-term tenants. Each building also offers front patios where residents can enjoy a morning cup of coffee or an evening breeze. The shared rear yard and large clothesline add to the communal feel while offering practical solutions for everyday needs.
This unique set of units is situated within walking distance from Gympie's bustling town centre where cafes, restaurants, shopping are abundant. It is also conveniently close to essential services such as the post office and council amenities; not forgetting the library for book lovers. Despite its central location, this property boasts a flood-free location ensuring peace of mind during rainy seasons.
As an investor looking for a high-yield project with room for cosmetic improvements, these units offer unmatched benefits! Current smoke alarm compliant and already housing long-term tenants who wish to stay indefinitely; this opportunity is ideal for those seeking stable passive income generation. With a conservative potential yield on investment at an impressive 7.3%, seize this chance today!
Key Features:
- Eight-bedroom,
- Four-bathroom set-up across two separate buildings
- Separate living rooms
- Kitchen
- Bathrooms
- Covered car parking
- Conveniently located near all town centre amenities
- Flood-free location
- Great potential yield on investment.
With incredible growth in and around Gympie any savvy investor will easily see the potential with these units. This investment opportunity is rare and not to be missed at this price point, book your inspection today.
Property History for 14a Alma St, Gympie, QLD 4570
- 13 Oct 2023Sold for $867,500
- 22 Sep 2023Listed for Sale UNDER CONTRACT/OFFER
- 19 Jan 2022Sold for $760,000
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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.
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