Price By Neg.
- 7000 m2
9 Woodbine Street Gympie Queensland 4570
Last Update: 16 days ago
Gympie CBD 7,000sqm of Commercial with Tenants.
Peter Pretorius with @REALTY is proud to present 9 Woodbine St, Gympie, Q, 4570.
Your block of 7,000 sqm of Commercial Land is situated against the Bruce Highway as it runs through central Gympie. Your block is complimented with 2 massive sheds, full fencing all round and concrete corner to corner and a LARGE BILLBOARD.
According to the owner this is one of the largest double sided BILLBOARDS on the Bruce Highway anywhere between Gympie and Maryborough with exposure to more than 12,000 cars a day right in the very heart of Gympie. This 7,2m x 3.6m billboard is currently leased to a major multinational manufacturing company but the owner thinks that a far better contract can be negotiated when due.
With the new access to Gympie recently opened, many businesses have lost exposure to traffic as sought after billboards have been left on the old Bruce Highway where traffic is down to a trickle.
A massive shed to the rear of the property is leased to a transport company on a 3 x 3 year lease and half of a smaller shed is leased to a local manufacturing enterprise at an attractive 2 x 2 year lease. The smaller shed has a covered area of 380 m2. Half of it is available for lease right now and is attracting between $300 and $ 400 week rent. ($90 to $110 per m2 per year)
The hard stand area (approx. 2000 sqm) on this block is rent free to current tenants but could attract $2 to $4 per m2 per year.
The entire block may be accessed through a lockable gate in Woodbine street.
Gympie is located within 1 hour from the Sunshine Coast airport and the business district adjacent to it. Gympie is located approximately 2 hours north of Brisbane with a direct link via the famous Bruce Highway.
According to figures from RPDATA, Gympie comprise 15 square kilometres, has a population of approx. 11,000 people and it appears that more than 60 percent of Gympie homes are owner occupied.
It stands to reason that this entire commercial block is marketed at a price to sell. As tenant income can be verified, this package will interest any astute buyer looking for good returns in what is considered to be a sought after country town in Queensland.
For more information, call Peter today at 1300 855 929
- Property Extent: Whole