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Sold on 16 Oct 2024 - Price Unavailable

98 River Road
Gympie QLD 4570

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3276m2
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Property Details for 98 River Rd, Gympie

Building Type
Commercial
Land Size
3276m2
Local Government
Gympie Regional
Lot/Plan
1/SP246427

Last Listing description (November 2024)

NAI Harcourts is pleased to present a prime commercial investment opportunity at 98 River Road, Gympie. For the astute investor, this property offers a rare chance to secure a high-caliber commercial asset with a robust tenant profile, featuring tenants that are government-funded, ASX-listed, or owned by Retail Food Group. With its strategic location, modern facilities, and potential for long-term growth, this property promises solid returns and future upside.

Located on the Bruce Highway with up to 180,000 vehicles passing weekly
Low-maintenance tilt slab building with modern fit-outs

806 sqm* of Net Lettable Area (NLA) leased to reputable tenants including Beefy's Pies, Dixon Home, Hearing Australia, and M1 Work Wear
38 on-site car parks, enhancing tenant and customer convenience
Close proximity to key retail amenities such as McDonald's, ALDI, Gympie Central Shopping Centre, BWS, Shell, GYG, Hungry Jack's, and medical facilities, driving consistent foot
traffic to the area
Convenient dual access from both Excelsior Road and the Bruce Highway

"Expressions of Interest Close at 5pm the 20th September 2024"

Don't miss out on this exceptional commercial investment opportunity. Contact us today to learn more or to arrange a viewing.

Property History for 98 River Rd, Gympie, QLD 4570

A timeline of how this property has performed in the market
Last Sold
16 Oct 2024
Listed for Rent
$958/w
30 Sep 2022
  • 16 Oct 2024
    Sold
  • 21 Aug 2024
    Listed for Sale Expression of Interest!
  • 13 Oct 2021
    Listed for Rent $50,000 / 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 6,441 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.
There are currently 83 properties listed for sale, and 36 properties listed for rent in Gympie on OnTheHouse. According to CoreLogic's data, 380 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.