Gympie 21 Musgrave Street

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$680,000

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Strong Investment Opportunity!

10 5 4

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Strong opportunity to secure a rock solid investment that has stood the test of time!

5 x two bedroom, one bathroom unitsAll units are currently tenanted, returning $1,020 per week in total 7.58% gross return p.a. (approximately 6.12% net return p.a.) calculated on $700,000 Fresh paint to the exterior of the entire unit block Three of the units have refurbished kitchensAll units feature ceiling fans in the main bedroom and lounge roomAll units have front & rear accessUnits 2, 3 & 5 are fully security screened, with units 1 & 4 partially security screenedSituated within walking distance to Gympie's CBDRates are approximately $4,600/half year (inclusive of water usage)Double carport & additional two car spaces underneath the unit blockCommunal laundry area underneath
This rock solid investment is the perfect addition to your expanding portfolio. Make YOUR next move count today!

Property Information

  • Land area approx 1265sqm

Property Features

  • Car Spaces 4
Century 21 Platinum Agents Platinum Agents
69 Monkland Street
Gympie QLD 4570

Local Information Gympie

Education

Nearest Government Schools

  • Gympie Central State School
  • Gympie West State School
  • James Nash State High School
  • Gympie State High School
  • Gympie Special School
  • One Mile State School

Nearest Private Schools

  • St Patrick's College
  • St Patrick's Primary School
  • Gympie Flexible Learning Centre
  • Victory College
  • Cooloola Christian College
  • Mawarra Independent School