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Block of Units for Sale

16 Alma Street Gympie, QLD 4570

Offers North Of $700,000Floorplan
  • 4 Beds
  • 3 Baths
  • 2 Cars

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16 Alma Street, Gympie, QLD 4570

Block of Units for Sale in Gympie

Multi-Unit Investment Opportunity

  • 4 Beds
  • 3 Baths
  • 2 Cars

If you're looking for the perfect addition to your investment portfolio, look no further! This multi-unit property is comprised of three individual units, all of which are currently tenanted, with the added bonus of two-street frontage. Situated within walking distance to Gympie's CBD, public library, childcare and schools, these units are incredibly attractive to prospective tenants.

Unit A:

  • Two good-sized bedrooms
  • Spacious living room
  • Eat-in kitchen
  • Bathroom with separate toilet
  • Separate laundry
  • Currently tenanted until October for $335 per week

Unit B
• One large bedroom
• Combined dining/living area
• Standalone kitchen
• Bathroom with linen storage and separate toilet
• Separate laundry
• Currently tenanted until September for $285 per week

Unit C
• One large bedroom
• Combined dining/living area
• Standalone kitchen
• Bathroom with linen storage and separate toilet
• Separate laundry
• Currently tenanted until September for $275 per week

Additional Features:

  • Double carport
  • Separate Hills hoist clotheslines for each unit
  • Two street frontage
  • Situated within easy walking distance to Gympie's CBD

Boasting a combined total income of $895 per week (gross return of 5.97% per annum), this property is the perfect entry to the investment market. Multi-unit dwellings are rare to the market, don't miss out on this opportunity, contact the marketing agent, Ben Job to arrange your inspection today.

Land:

815m² / 0.2 acres

Parking:

2 carport spaces

Bedrooms:

4

Bathrooms:

3

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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