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Overview
Dual Living Queenslander in Prime CBD Location - High Yield Investment Opportunity
Positioned in an elevated and dry location just a short walk from Gympie's central business district, this classic Queenslander at 2 Short Street offers an exceptional opportunity for investors seeking a high-yield property. The home features dual living arrangements, providing versatility with immediate rental income and promising long-term growth potential.
The upper level of the residence includes three spacious bedrooms along with a dedicated office space, ideal for working from home or study. The main bathroom is well-appointed and includes a separate toilet for convenience. Character is enhanced throughout the home by stunning stained-glass casement windows, adding a unique and charming aesthetic.
The modern kitchen is equipped with a gas cooktop, stainless steel oven, and dishwasher, supporting efficient meal preparation. The kitchen and dining areas are open plan, promoting a sense of spaciousness, while a separate lounge room features a cozy pot belly fireplace, perfect for cooler evenings. High ceilings throughout the upper level further enhance the feeling of space and allow natural light to fill the rooms. An inviting verandah offers cooling breezes and elevated views over the town of Gympie, providing a relaxing outdoor space.
Currently, the upstairs area is tenanted at $460 per week with a lease until October 2026, ensuring steady income.
The downstairs living area comprises two bedrooms and one bathroom, with a functional open plan kitchen, dining, and living space. A spacious verandah downstairs offers pleasant outlooks and breezes, creating an enjoyable outdoor environment. This section is also tenanted at $300 per week until June 2026.
With dual income streams already established, the property generates a combined rental return of $39,520 per annum, which equates to an approximate 5.34% gross yield. This solid investment provides immediate cash flow and future flexibility, making it a compelling opportunity for investors looking to secure a property with both current returns and potential for capital growth.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Gympie QLD 4570
Market Insights for Gympie QLD 4570
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