232 Mary Street Gympie, 4570 QLD

CENTRAL GYMPIE COMMERCIAL PROPERTY

Peter Scott of Tom Grady Real Estate Gympie is privileged to offer for sale the property at 232 Mary Street, Gympie.

This prime commercial site of 329 m2 on Mary Street includes a three level building with a footprint of approximately 182 m2, and is above the current Gympie Regional Council floodline.

Over the three levels, the building comprises approximately 474 m2, with the lower level accessed from the rear of the building comprising approximately 182 m2, and the two levels above each comprising approximately 146 m2.

The ground level is currently leased and includes a general conference area, four larger rooms of varying sizes, plus facilities.

The first floor overlooks Mary Street and includes a large reception / administration area, five individual rooms plus facilities, and is available for lease or use by the new owner.

Located next door to what became the Gympie Stock Exchange Offices and Club in the late 1800's, 232 Mary Street was centrally located to the 55 mining licences operating at the time.

The building has been in place since the mid 1800's and exudes the charm and history of times gone by, as well as presenting to interested parties the opportunity to capitalise on its prominent presence in a commercial and re-emerging part of Mary Street.

Facing north / northeast and with the benefit of onsite parking, this building lends itself to a range of potential uses including professional services, healthcare services and others.

Should it be the new owner's preference, the first floor of the property also offers the opportunity of CBD residential living, within easy walking distance to local dining and entertainment facilities, subject to Council approval.

Fully leased, returns in the 9% - 10% range should be expected.

Rarely does such a prime commercial site become available at this price.

Inspection by appointment only
For further details contact Peter Scott on 0458 958 286.

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.

For Sale $950,000

Inspect

Inspection of this property is available strictly by arrangement only.

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