Gary Dun Property Sales

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5 x two bedroom fully tenanted units returning $1,020 per week – Gympie City

February 24, 2019 by Gary Dun

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  • 5 x two bedroom, one bathroom units
  • All units are currently tenanted, returning $1,020 per week in total
  • 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
  • Double carport & additional two car spaces underneath the unit block
  • Communal laundry area underneath

Gross returns PA     $53820

Outgoings PA           $13344

Net return PA          $40476 (approx 5.8%)

$699,000 plus gst

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Filed Under: $500K – $1m, Gympie, Location, Price, Residential Property, Sold Properties

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