22 Channon Street,
Gympie, QLD 4570
Offices
Price information
Sold
$580,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 22 Channon Street
Standalone Investment - Character Building on Top of the Hill
• 315m²* lot on an elevated corner location with excellent exposure to Channon and Mary Streets
• 284m²* net lettable area over two levels
• Secured 3 year lease commenced May 2022. Further 3 year option to follow
• Tenanted by skincare and homeware products producer/retailer
• Current rental income $40,000 per annum gross + GST ($5,000 + GST per annum rental increase years 2 & 3)
• At the listed price of $550,000 this represents a yield over 6% in year 1. With the annual $5,000 rental increases this represents over a 7% yield in year 2, and 8% in year 3.
• Mixture of open plan and individual office configuration
• Amenities on both levels
• Fully air-conditioned throughout
Call or email David Brinkley or Tracey Ryan to inspect the property or to find out about other suitable options.
Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.
* Approx.
• 284m²* net lettable area over two levels
• Secured 3 year lease commenced May 2022. Further 3 year option to follow
• Tenanted by skincare and homeware products producer/retailer
• Current rental income $40,000 per annum gross + GST ($5,000 + GST per annum rental increase years 2 & 3)
• At the listed price of $550,000 this represents a yield over 6% in year 1. With the annual $5,000 rental increases this represents over a 7% yield in year 2, and 8% in year 3.
• Mixture of open plan and individual office configuration
• Amenities on both levels
• Fully air-conditioned throughout
Call or email David Brinkley or Tracey Ryan to inspect the property or to find out about other suitable options.
Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.
* Approx.
Additional information
External websites
Property ID: 504087679Last Updated: 6 Sep 2022
22 Channon Street
Gympie, QLD 4570
RWC - Noosa & Sunshine CoastSuite 204, 90 Goodchap Street, Noosaville, Qld 4566 & Suite 1, 27 Sixth Avenue
NOOSAVILLE, QLD 4566
NOOSAVILLE, QLD 4566
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