$680,000

10 Bed  •  5 Bath  •  4 Car  •  1265m²

Main view of Homely block of units listing, 21 Musgrave Street, Gympie QLD 4570
Second view of Homely block of units listing, 21 Musgrave Street, Gympie QLD 4570
Third view of Homely block of units listing, 21 Musgrave Street, Gympie QLD 4570
+9

Sold

21 Musgrave Street, Gympie QLD 4570

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$680,000

  • 10
  • 5
  • 4
  • 1265m²

Block of Units Sold on Tue 14 May, 2019

What's around Musgrave Street

Block of Units description

“Strong Investment Opportunity!”

Strong opportunity to secure a rock solid investment that has stood the test of time!
* 5 x two bedroom, one bathroom units
* All 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 kitchens
* All units feature ceiling fans in the main bedroom and lounge room
* All units have front & rear access
* Units 2, 3 & 5 are fully security screened, with units 1 & 4 partially security screened
* Situated within walking distance to Gympie's CBD
* Rates are approximately $4,600/half year (inclusive of water usage)
* Double carport & additional two car spaces underneath the unit block
* Communal laundry area underneath

This rock solid investment is the perfect addition to your expanding portfolio. Make YOUR next move count today!

Land details

Area: 1265m²
Fourth view of Homely block of units listing, 21 Musgrave Street, Gympie QLD 4570View more
Fifth view of Homely block of units listing, 21 Musgrave Street, Gympie QLD 4570View more

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21 Musgrave Street, Gympie QLD 4570
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