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Gympie Marketplace, 12 Reef Street, Gympie, QLD, 4570

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Gympie Marketplace, 12 Reef Street, Gympie, QLD, 4570

Gympie

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Gympie Marketplace, 12 Reef Street, Gympie, QLD, 4570

Gympie

SOLD
Gympie Marketplace, 12 Reef Street, Gympie, QLD, 4570

Gympie Marketplace, 12 Reef Street, Gympie, QLD, 4570

Properties / Sold / Queensland / Gympie
Tenanted Investment
Selling Method
For Sale
Selling Details
Contact Agent
Land Area
7,888 m² (*approx)
Floor Area
3296 m² (*approx)
Property Type
Retail
Sub-type
Large Format
Est. Income
$643,000 p/a
Fully Leased
Drakes IGA Supermarket
Car Spaces
206
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High-yielding Drakes-anchored shopping centre in the heart of Gympie
  • 3,296sqm* GLA with dual street access
  • 7.3 year WALE (by income)
  • Moments from the Bruce Highway (A1)

CBRE is pleased to exclusively present to market Gympie Marketplace - a High-yielding Drakes-anchored shopping centre in the heart of Gympie.

Some of the key investment highlights of the asset include:

− 3,296sqm* GLA shopping centre anchored by Drakes IGA Supermarket and supported by Cellarbrations, a Medical Centre, and Ramsay Pharmacy.

− 70% of GLA and 55% of income underpinned by a high performing Drakes IGA Supermarket, Australia’s largest independent grocery retailer with over 60 stores nationally.

− 7.3 year WALE (by income) with guaranteed income growth between 3.00% - 3.50% per annum across the specialties.

− High profile 7,888sqm* site in the heart of the Gympie CBD with dual street access, complemented by 206* car parks.

− Located moments from the Bruce Highway, carrying over 9.8 million vehicles passing through Gympie annually.

− The continual supply constraints and rise in construction prices places this asset well below replacement costs.

− Fully Leased Net Income $643,000 p.a. + GST**

For Sale via Expressions of Interest closing Thursday 2nd October 2025 at 4pm (AEST)

For further information on this opportunity, please reach out to the exclusive sales and marketing agent.

*Approximate. **As at 1st September 2025

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

12 Reef Street Investment Summary

Property Type
Retail
Sub-type
Large Format
Est. Income
$643,000 p/a
Tenant
Drakes IGA Supermarket
Wale
7.3 years
Land Area
7,888 m² (*approx)
Floor Area
3296 m² (*approx)
Car Spaces
206
Selling Method
For Sale
Selling Details
Contact Agent

Investment Highlights

High-yielding Drakes-anchored shopping centre in the heart of Gympie
  • 3,296sqm* GLA with dual street access
  • 7.3 year WALE (by income)
  • Moments from the Bruce Highway (A1)

CBRE is pleased to exclusively present to market Gympie Marketplace - a High-yielding Drakes-anchored shopping centre in the heart of Gympie.

Some of the key investment highlights of the asset include:

− 3,296sqm* GLA shopping centre anchored by Drakes IGA Supermarket and supported by Cellarbrations, a Medical Centre, and Ramsay Pharmacy.

− 70% of GLA and 55% of income underpinned by a high performing Drakes IGA Supermarket, Australia’s largest independent grocery retailer with over 60 stores nationally.

− 7.3 year WALE (by income) with guaranteed income growth between 3.00% - 3.50% per annum across the specialties.

− High profile 7,888sqm* site in the heart of the Gympie CBD with dual street access, complemented by 206* car parks.

− Located moments from the Bruce Highway, carrying over 9.8 million vehicles passing through Gympie annually.

− The continual supply constraints and rise in construction prices places this asset well below replacement costs.

− Fully Leased Net Income $643,000 p.a. + GST**

For Sale via Expressions of Interest closing Thursday 2nd October 2025 at 4pm (AEST)

For further information on this opportunity, please reach out to the exclusive sales and marketing agent.

*Approximate. **As at 1st September 2025

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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Gympie Marketplace, 12 Reef Street, Gympie, QLD, 4570

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Property Location of Gympie Marketplace, 12 Reef Street, Gympie, QLD, 4570

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Gympie Marketplace, 12 Reef Street, Gympie, QLD, 4570 Gympie
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