SOLD
Sold on 22 Dec 2023 for $590,000

87 Gympie Road
Tinana QLD 4650

Bedrooms: -
Bathrooms: -
Car spaces: 13
Land area: 1132m2
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Property Details for 87 Gympie Rd, Tinana

Building Type
Commercial
Land Size
1132m2
Local Government
Fraser Coast Regional
Lot/Plan
2/RP208338

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

Shared amenities
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

A timeline of how this property has performed in the market
Last Sold
$590,000
22 Dec 2023
Listed for Rent
$100/w
07 Nov 2019
  • 22 Dec 2023
    Sold for $590,000
  • 29 Sep 2023
    Listed for Sale Offers Over $600,000
  • 05 Jun 2020
    Sold for $530,000
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About 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 2,550 properties. Over the last 5 years, Houses in Tinana have seen a 97.15% increase in median value, while Units have seen a 63.52% increase. As at 31 October 2024:

  • The median value for Houses in Tinana is $580,895 while the median value for Units is $422,251.
  • Houses have a median rent of $510.
There are currently 41 properties listed for sale, and no properties listed for rent in Tinana on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Tinana.

Suburb Insights for Tinana 4650

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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.