3 Firchester Court, Gympie QLD 4570

3 bedroom 1 bath house | 652sqm Victory Heights lot | tenanted periodic lease | renovated bathroom with patio access This property offers a rare combination of immediate rental income and long term land value in an established Gympie pocket. The 652sqm lot at 33% site coverage leaves meaningful room for future extension or subdivision potential subject to council approval, while the renovated bathroom and two bedrooms with patio access lift its appeal to quality tenants. It suits investors seeking cash flow from day one or first home buyers wanting a low maintenance entry point with strong school catchment fundamentals. The periodic tenancy with a recent rent increase signals the current tenant is settled, but also caps upside until vacancy. No flood, bushfire or heritage overlays reduce insurance and development friction, though the 2013 purchase price of $220,000 versus current estimates near $640,000 shows the market has already repriced significantly. Hold for rental yield and land banking rather than short term flipping.