SOLD
Sold on 15 May 2024 for $680,000

36 Duke Street
Gympie QLD 4570

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 708m2
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Property Details for 36 Duke St, Gympie

Building Type
Commercial
Land Size
708m2
Local Government
Gympie Regional
Lot/Plan
232/G14710

Last Listing description (June 2024)

Discover a remarkable investment opportunity in the heart of Gympie's CBD! This commercial property, nestled in a prime location, offers an exceptional chance to secure a stable income stream in one of the region's sought-after areas.

Investment Highlights:

Situated in the heart of Gympie's CBD

Approximately 168m2 ground floor space and 168m2 downstairs space
Eight car parks available, including both front and rear parking
Enjoying two street frontages with roller door access to the downstairs section
Equipped with kitchenette and toilet facilities
Leased to The Tackle Shop, ensuring a steady income stream
Surrounded by well-established businesses such as Sports Power, Betta Electrical, Headspace, and Government Organizations

With a strong and reliable tenancy in place, this property is primed for long-term success. Contact Exclusive Marketing Agents NAI Harcourts Property Centre today to secure your stake in this promising investment venture!

Property History for 36 Duke St, Gympie, QLD 4570

A timeline of how this property has performed in the market
Last Sold
$680,000
15 May 2024
Listed for Rent
$18k/w
06 Nov 2023
  • 15 May 2024
    Sold for $680,000
  • 03 Apr 2024
    Listed for Sale Expression of Interest
  • 06 Nov 2023
    Listed for Rent $18,100 / year
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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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Harcourts Property Centre
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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.