4 Bligh StreetGympie QLD 4570
Property Details for 4 Bligh St, Gympie
4 Bligh St, Gympie is a 12 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1985. The property has a land size of 1184m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 12 bedroom Unit sold in Gympie in the last 12 months.
Last Listing description (September 2024)
Discover the epitome of urban living with this exceptional investment opportunity 6 x 2-bedroom units nestled within the heart of Gympies vibrant community just a mere 400m away from the CBD and within walking distance to reputable schools, Gympie Central Shopping centres and more!
Location, Location, Location: Situated within walking distance to the CBD, these units offer unparalleled convenience for residents. Everything is within easy reach, including all of Gympies major amenities!
Modern Comforts and Convenience: Each unit boasts easy living and functionality, providing residents with a comfortable living space to call home. With 2 bedrooms, these units cater perfectly for those seeking practicality.
Well-Maintained and Presentable: Maintained and presented, these units have been well kept and have proven to be low maintenance, while offering potential buyers the opportunity to upgrade as they please.
Stable Income Stream: Invest with confidence knowing that these units are occupied by excellent tenants, ensuring a stable and reliable income stream from day one. Whether you're a seasoned investor or a newcomer to the market, this opportunity offers the potential for strong returns and long-term financial security.
An Investment in Your Future: Don't miss out on the chance to secure your foothold in one of the most sought-after locations in town. With its prime positioning and solid returns, these 6 x 2-bedroom units represent more than just real estate they're a smart investment in your future.
Unit Features:
Units 1, 4, 5 & 6 are ground level units, with units 2 & 3 top level units
Units 1, 2, 3 & 4 offer lock-up garages, units 5 & 6 offer front carports
All units offer two bedrooms and one bathroom, with an air-conditioned main living space, kitchen with electric stove/oven and storage space, laundry area, linen cupboard, built-ins, security screens and doors & outdoor living space
Return:
Currently returning $1,880 per week with room for future growth
$97,760 per year with a gross return of 6.52%
Net return after rates and insurance 5.35%
** Please allow at least 24 hours notice for any inspections**
For more information or to book your private inspection, contact marketing agent Peter Olsson today on 0411 065 326!
Property History for 4 Bligh St, Gympie, QLD 4570
- 01 Jul 2024Sold for $1,500,000
- 10 May 2024Listed for Sale $1,500,000
- 16 Feb 2016Sold for $750,000
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0About 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 6,440 properties. Over the last 5 years, Houses in Gympie have seen a 109.85% increase in median value, while Units have seen a 52.53% increase. As at 31 October 2024:
- The median value for Houses in Gympie is $535,194 while the median value for Units is $394,424.
- Houses have a median rent of $495 while Units have a median rent of $350.
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