Retail For Sale - QLD - Gympie - 4570 - PRINCIPAL CENTRE RETAIL & OFFICE SITE (Image 2)

123 Mary Street Gympie QLD 4570

For Sale $550,000 + GST

Under Offer

Property Type Retail
Land area approx 556sqm
Floor area approx 410sqm
Region Wide Bay Burnett
Locality Gympie

Tags: Lease

PRINCIPAL CENTRE RETAIL & OFFICE SITE

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.