52 Mary StreetGympie QLD 4570
Property Details for 52 Mary St, Gympie
Last Listing description (September 2024)
FOR SALE (52 & 54 Mary Street) AND LEASE (54 Mary Street only)
Your chance to own two adjacent retail stores on Gympie's most popular retail street. One has an established tenant until November 2025. The other will be vacant from August 2024 with the option to continue collecting rent until December 2024, take vacant possession, or lease to a new tenant.
The top end of Mary Street is tightly held due to higher elevation and opportunities like this do not come up often.
THE OPPORTUNITY
Ray White Commercial Northern Corridor Group is pleased to present to the market 52-54 Mary Street, Gympie for sale.
Offered to the market for the first time in 30 years, this incredible investment has ample development potential and investment upside. This is one of Gympie's best commercial opportunities.
INVESTMENT
Secured Income To November 2025 - 52 Mary Street
Secured Income To December 2024 - 54 Mary Street (vacant from August 2024)
610m2 block with parking at rear of property
190m2 NLA
$43,580* Net Income
LOCATION
Situated on Gympie's premiere retail strip, on the high end of Mary Street
High level foot and vehicle traffic
700m* to Goldfields Shopping Plaza & Cinemas
1.4km* to Gympie Hospital
1.6km* to Bruce Highway
TENANTS
52 - Pina Colada
54 - Better Homes & Gardens Real Estate Gympie. Vacating August 2024, lease end December 31 2024.
54 MARY STREET FOR LEASE
Vacant from August 2024
$27,000 pa + GST & Outgoings
Parking at rear
Suitable for a range of retail and consulting/medical businesses
90m*
Must be sold together. For more information or to arrange an inspection please contact agents Cory Hoy or Fraser Martin
* Indicative
Property History for 52 Mary St, Gympie, QLD 4570
- 27 Aug 2024Listed for Sale Contact Agent for Latest Pricing
- 23 Aug 2024Sold for $433,333
- 19 May 2020Listed for Sale $650,000
Recent sales nearby
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About Gympie 4570
The size of Gympie is approximately 15.2 square kilometres. There are 32 parks, covering nearly 13.9% of the total area. The population of Gympie in 2016 was 10803 people. By 2021 the population was 11355 showing a population growth of 5.1% in the area during that time. The predominant age group in Gympie is 10-19 years. Households in Gympie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gympie work in a labourer occupation.In 2021, 59.20% of the homes in Gympie were owner-occupied compared with 54.10% in 2016.
Gympie has 6,684 properties. Over the last 5 years, Houses in Gympie have seen a 96.03% increase in median value, while Units have seen a 93.35% increase. As at 31 July 2026:
- The median value for Houses in Gympie is $705,788 while the median value for Units is $553,527.
- Houses have a median rent of $580 while Units have a median rent of $440.
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