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5 Glynn Place, Gympie QLD 4570

Offers Over $1,100,000 Considered

Listed: 34 days ago
Updated: 1 hour ago
Overview

This property at 5 Glynn Place in Gympie offers a rare and highly practical opportunity in the form of a duplex on a single title, ideal for investors or those seeking multiple income streams. The two residences, each comprising three bedrooms and two bathrooms, are thoughtfully designed to maximise comfort and convenience.

Each unit boasts air-conditioned open-plan living and dining spaces that promote a relaxed and easy lifestyle, while the galley-style kitchens are fully equipped to meet modern culinary needs. The inclusion of private ensuites for the main bedrooms enhances privacy and personal comfort.

  • Two separate homes on one title, allowing for dual rental income with tenancies secured until 2027
  • Combined weekly rental return of $1,030, offering immediate financial benefits
  • Outdoor living is catered for with covered patios and fenced rear yards, providing secure and private outdoor space suitable for entertaining or family activities
  • Each unit features a remote-controlled single garage, adding convenience and security for vehicles
  • The property sits on a generous 894sqm allotment in an elevated cul-de-sac location, affording off-street parking and a quiet neighbourhood atmosphere
  • Proximity to local amenities such as Gympie State High School, the Gympie Aquatic Centre, a convenience store, a hotel, and wilderness trails enhances lifestyle choices
  • Easy access to the M1 Bruce Highway facilitates commuting and travel

This investment is especially attractive for those seeking established tenants and a steady income stream without the usual hassles of managing separate properties. The layout and features suit families or residents valuing privacy within a community setting, while investors will appreciate the readily accessible returns in a strong Gympie location.

Local Market Insights

In Gympie, Quiet Listings observed 2 new duplexes entering the market over the last 30 days, unchanged from 2 in the prior period, with an average advertised asking price of $750,000. The property type mix of listed properties is predominantly Houses at 83%, followed by land (11%), and duplexes (2%). The most active agency for duplexes in the Gympie area is currently Harcourts, representing 50% of new listings, followed by Ray White with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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
Market Insights for Gympie QLD 4570
New Listings (last 30 days)
2
Average price
$750,000
Lowest price
$700,000
Highest price
$800,000
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