Sold

5 Fauna Road,
Gympie 4570, Queensland

500m² land size
185m² building size
Other

$860,000


Property details

Brand New Rooming House Offering Over 7% Return

Chantel Dielwart from RWC Noosa & Sunshine Coast is pleased to present 5 Fauna Road, Gympie to the market for sale.

Unlock the potential of Gympie's burgeoning real estate market with this exceptional opportunity. This brand new residential rooming house is poised to deliver a solid investment north of 7% for its new owner.

Strategically located in Gympie, this meticulously designed property offers five micro apartments within a modern home, each crafted to attract long-term tenants seeking comfort, convenience, and community.

Each micro apartment is complete with one bedroom, bathroom, kitchenette, an open living/dining area, private outdoor alfresco, split system air-conditioner and is fully furnished. Common areas provide an open plan communal kitchen and laundry.

With easy access to Gympie's amenities, employment hubs and educational institutions, the property's location ensures a steady stream of potential tenants. Plus, with the increasing demand for affordable housing options, this residential rooming house presents a lucrative investment opportunity for the savvy investor.

PROPERTY FEATURES

• Brand new and council approved
• 5 bedrooms, 5 bathrooms, 2 car spaces
• All the micro apartments are leased at $330 per week
• $1,650 gross income per week
• Fully furnished with quality brand new furniture
• 13kw solar system
• Each apartment is sub metered for electricity
• Build completed 2024

Due to the nature of this investment and the current live-in tenants, no open homes will be conducted, inspections are strictly via appointment only.

Call or email Chantel Dielwart to inspect the property or for further information.

Offices in NOOSA, MAROOCHYDORE & CALOUNDRA

* Approx.

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