Gympie 21 Musgrave Street
Sold
$680,000
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Strong Investment Opportunity!
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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
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