87 Gympie RoadTinana QLD 4650
Property Details for 87 Gympie Rd, Tinana
Last Listing description (November 2023)
A fantastic Opportunity to secure a great investment property with a superb return. Comprising of 5 individual tenancies (4 Commercial + 1 Residential).
Great long-term tenants in place all premises currently leased
Off street parking and side street exit
Low maintenance property
Rental Income $69,847*
11%* Rental Return
High traffic location
1132m2* block
Call Rachel 0435 875 300 or Corrie 0411 396 599 to enquire further or to arrange an inspection of the premises.
Please Note All figures and sizes are an approximate only.
*Approximately
Property History for 87 Gympie Rd, Tinana, QLD 4650
- 22 Dec 2023Sold for $590,000
- 29 Sep 2023Listed for Sale Offers Over $600,000
- 05 Jun 2020Sold for $530,000
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0About 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 2,544 properties. Over the last 5 years, Houses in Tinana have seen a 94.66% increase in median value, while Units have seen a 83.01% increase. As at 30 September 2024:
- The median value for Houses in Tinana is $566,663 while the median value for Units is $452,963.
- Houses have a median rent of $515.
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