PRINCIPAL CENTRE RETAIL & OFFICE SITE
123 Mary Street, Gympie QLD 4570
$550,000 + GST
RetailSize: n/a
Block size: 556 m² approx.
Tom Grady Real Estate is proud to offer this Mary Street property for sale.
Fully leased in July 2023 for three years with a further three year option, the premises are currently returning 9.1% net.
With annual CPI increases built into the lease, this property represents a sound investment opportunity.
The ground level comprises approximately 300m2 of retail space currently separated by a dividing wall with two separate shop frontages. Individually, the spaces comprise approximately 140 m2 and 160 m2, the larger one includes bathroom and toilet facilities.
The upstairs space is accessed via internal stairs at the eastern side of the property.
This level comprises approximately 110 m2, including a kitchen / meals area and toilet / bathroom facilities. The operational space on this level includes a large space that could suit an administrative / operational purpose, a room that could be used as a large meeting room, a reception area and storeroom.
Contact: Peter Scott on 0458 958 286
Tom Grady Real Estate
155 Mary Street, Gympie
Phone (07) 5482 6622
We do not accept responsibility for the accuracy of any information. Interested parties should make their own enquiries in order to determine the accuracy of this information. Intending purchasers should seek legal and accounting advice before entering into any contract of sale.
Fully leased in July 2023 for three years with a further three year option, the premises are currently returning 9.1% net.
With annual CPI increases built into the lease, this property represents a sound investment opportunity.
The ground level comprises approximately 300m2 of retail space currently separated by a dividing wall with two separate shop frontages. Individually, the spaces comprise approximately 140 m2 and 160 m2, the larger one includes bathroom and toilet facilities.
The upstairs space is accessed via internal stairs at the eastern side of the property.
This level comprises approximately 110 m2, including a kitchen / meals area and toilet / bathroom facilities. The operational space on this level includes a large space that could suit an administrative / operational purpose, a room that could be used as a large meeting room, a reception area and storeroom.
Contact: Peter Scott on 0458 958 286
Tom Grady Real Estate
155 Mary Street, Gympie
Phone (07) 5482 6622
We do not accept responsibility for the accuracy of any information. Interested parties should make their own enquiries in order to determine the accuracy of this information. Intending purchasers should seek legal and accounting advice before entering into any contract of sale.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Peter Scott to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
556 m²*
Other Details
Lot:
2
Plan Type:
RP
Plan:
108691
Legal description:
2/RP108691
Maps and area information
Block information
Block size: 556m² (approx)
Legal description: 2/RP108691
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
44 years
Population
11,355
Listing ID: 182286157. This listing has been viewed 4 times. It was first displayed on 09/02/2024 and last updated on 17/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.