$867,500

8 Bed  •  4 Bath  •  4 Car  •  1131m²

Main view of Homely block of units listing, 14A Alma Street, Gympie QLD 4570
Floorplan of Homely block of units listing, 14A Alma Street, Gympie QLD 4570
Second view of Homely block of units listing, 14A Alma Street, Gympie QLD 4570
+25

Sold

14A Alma Street, Gympie QLD 4570

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$867,500

  • 8
  • 4
  • 4
  • 1131m²

Block of Units Sold on Tue 14 Nov, 2023

What's around Alma Street

Block of Units description

“Huge Investment Opportunity. Not to be Missed!”

Opportunity presents to take advantage of 4 x 2 bedroom, 1 bathroom investment units with high yield potential. Explore the potential of this investment powerhouse at 14 Alma St, in the heart of Gympie.

With eight bedrooms and four bathrooms spread across two separate buildings, each boasting two x two bedroom units, this property promises a generous return on investment. The easy floorplan showcases a neat layout with separate living rooms, kitchens and bathrooms for each unit. Additionally, every unit has rear access and covered car parking to ensure convenience for all tenants.

The property features low-maintenance indoor elements including gas cooking facilities and laundry rooms that appeal to long-term tenants. Each building also offers front patios where residents can enjoy a morning cup of coffee or an evening breeze. The shared rear yard and large clothesline add to the communal feel while offering practical solutions for everyday needs.

This unique set of units is situated within walking distance from Gympie's bustling town centre where cafes, restaurants, shopping are abundant. It is also conveniently close to essential services such as the post office and council amenities; not forgetting the library for book lovers. Despite its central location, this property boasts a flood-free location ensuring peace of mind during rainy seasons.

As an investor looking for a high-yield project with room for cosmetic improvements, these units offer unmatched benefits! Current smoke alarm compliant and already housing long-term tenants who wish to stay indefinitely; this opportunity is ideal for those seeking stable passive income generation. With a conservative potential yield on investment at an impressive 7.3%, seize this chance today!

Key Features:
- Eight-bedroom,
- Four-bathroom set-up across two separate buildings
- Separate living rooms
- Kitchen
- Bathrooms
- Covered car parking
- Conveniently located near all town centre amenities
- Flood-free location
- Great potential yield on investment.

With incredible growth in and around Gympie any savvy investor will easily see the potential with these units. This investment opportunity is rare and not to be missed at this price point, book your inspection today.

Land details

Area: 1131m²

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14A Alma Street, Gympie QLD 4570
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