52 Mulgrave StreetGin Gin QLD 4671
Property Details for 52 Mulgrave St, Gin Gin
Last Listing description (August 2008)
Secure Income For Tough Times - 20 Years Guaranteed Income
Smart investors know that the best investment is one that works for you in all economic environments. You want security and stability and the opportunity to grow your capital - especially in tough times. This investment offers all those things. Worst case scenario is 20 years of guaranteed rental, with the backing of an IGA head-lease.
The real upside - A turnover rent provision in the lease that provides the opportunity for your rental income to increase as your tenant's business grows.
• Total land area of 5,210 m2
• 1,538 m2 (approx) Supa IGA Supermarket Building
• Rent guaranteed by IGA Head Lease
• 20 year lease + options
• Outstanding rental with provision for 2.75 % turnover rental
• Brand new premises due for completion in October 2008
• High profile, main street location
• Huge depreciation benefits
This is an exceptional opportunity to own a brand new property, that will work for you in all economic climates and give you income, security and upside.
Contact us today for further information and visit our website www.aussiebrokers.com.au to sign up for our FREE Newsletter.
* Approximate
Property History for 52 Mulgrave St, Gin Gin, QLD 4671
- 25 Aug 2008Listed for Sale 4390000
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About Gin Gin 4671
The size of Gin Gin is approximately 33.8 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Gin Gin in 2016 was 1053 people. By 2021 the population was 1139 showing a population growth of 8.2% in the area during that time. The predominant age group in Gin Gin is 70-79 years. Households in Gin Gin are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Gin Gin work in a labourer occupation.In 2021, 58.10% of the homes in Gin Gin were owner-occupied compared with 58.80% in 2016.
Gin Gin has 809 properties. Over the last 5 years, Houses in Gin Gin have seen a 187.87% increase in median value, while Units have seen a 137.01% increase. As at 31 January 2026:
- The median value for Houses in Gin Gin is $479,981 while the median value for Units is $323,834.
- Houses have a median rent of $460.
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