22 & 26 Duke Street, Gympie, QLD, 4570

First time offered to market, 22 and 26 Duke Street presents a rare opportunity to purchase together or separately, a high yielding commercial freehold building anchored by a 6-year lease to Queensland State Government plus an adjoining ‘dry’ regular shaped commercial block located within walking distance of Gympie's town centre.

26 Duke Street

- Secured income stream of $184,979* net per annum

- Fully leased to Queensland Government/Department of Housing and Public Works who have been in the premises since 2002

- Rare improvements on freehold title offering 500m²* of lettable area plus basement parking ideal for a variety of users

- Centrally located just a short walk to Gympie's town centre and outside of flood overlay

22 Duke Street

- Area: 682m²*

- Central location with District Centre Zoning

- Regular shaped block with double frontage

- Opportunity to land bank a strategic piece of commercially zoned land within close proximity to town centre

- Chance for immediate development

- Rectangular shaped block with dual access from Duke Street and Reef Street

- Zoning allows for mixed use development including retail, commercial and residential

For Sale by Private Treaty

22 Duke Street: $300,000 plus GST

26 Duke Street: $2.65 million (7%)

For further information or to arrange an inspection please contact exclusive marketing agent Jesse Howitt

*Approximately

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