Offers Over $2.45 million

This is an exceptional investment opportunity in the rapidly growing regional hub of Maryborough. Located at 17-19 Gympie Road, this dual-title commercial property offers multiple income streams, immediate rental returns, and substantial future growth potential. Priced at Offers Over $2.45 million, this versatile property is perfect for both seasoned investors and operators looking to capitalize on strong market demand.

Key Investment Features:

-14 fully tenanted residential units generating consistent rental income:
-11 units leased at $250 per week.
-3 units leased at $320 per week.
-Combined rental income of $3,680 per week, totaling $191,360 annually.
-Long-term tenants in place, offering a stable cash flow for investors.
-Additional weekly rental income of $1,140.26 from a separate lease for 9 other units, adding $59,293.52 annually, for a total rental income of over $250,000+ per year.

Bar and RestaurantReady for Expansion:

The property boasts a fully licensed bar and commercial kitchen, providing further income potential.
Historically, the bar and kitchen have generated between $1,000 to $8,000 per week, depending on utilization and seasonal demand.
All licenses are current, allowing the new owner to step in and start operations or lease the facility out for additional revenue.

Development and Growth Potential:

Sitting on dual titles, the property has substantial development or subdivision potential (STCA).
Its prime location on Gympie Road ensures high visibility and access, making it perfect for expanding commercial or residential ventures.
Large parking areas to accommodate residential tenants, bar patrons, and potential future developments.

Prime Maryborough Location:

Situated in Maryborough, a booming regional area with a growing population and increasing investment interest.
Just minutes from the Maryborough CBD, providing easy access to local schools, shops, and key transport links.
Ideally located on a busy road that draws high traffic from locals and tourists heading to the Fraser Coast, Hervey Bay, and beyond.

Why This Property?

$250,000+ in annual income from secure residential leases and commercial tenants, ensuring immediate returns.
Potential to grow revenue from the bar and kitchen operations or further develop the property for even greater profitability.
A low-maintenance, high-return investment, perfect for investors looking for a stable asset with room for growth.

Opportunities like this are raredont miss your chance to secure a high-yield investment in Maryborough!

Contact Tom Dennis today to arrange an inspection and secure this high-yielding investment opportunity!