1/55 Railway Street
Gatton Qld 4343
Price: $1,500,000
Property Description

ON THE MAIN STREET IN CENTRE OF GATTON CBD, Jacqui Walker presents this Large Format Retail / Commercial Site selling vacant – appraised to earn lease income of $150,000 per annum.

THE ASSET:

– Selling vacant
– Buy for own purpose or ideal to lease to: general discounter / auto parts discounter / discount chemist / large-format liquor / grocery convenience outlet
– Could attract interest of: medical centre or office
– Is positioned on Gatton’s main street
—– between bank, workwear store and a large-format discounter
—– diagonally opposite Council office
– Ample rear and on-street carparking

PER EVIDENCE BELOW, Gatton is experiencing continued infrastructure expansion, with positive impact on job numbers. This enhances likelihood of capital growth prospects and rent reviews for the commercial purchaser of this site.

INVESTOR QUICK GLANCE:

– Selling vacant
– Commercial rent appraisal: $150,000 per annum
– Outgoings: Provided below
– Total Floor Area: 834 sq metres approx under-roof
– Total Land Area: 846 sq metres

USEFUL SPECS:

– Recently upgraded DUCTED AIR

– Unmissable street position
– Excellent signage opportunities

– Undercover loading dock and secure loading/storage room at rear
– 2 offices
– Staff kitchen
– Male and Female toilet amenities

– Rear carparking for up to 28 cars, first-come short-term basis for permitted vehicles
– Plenty of horizontal and street-centre carparking at front, short-term Council controlled

– Total Floor Area: 834 sq metres approx under-roof
– Total Land Area: 846 sq metres

– Plenty of natural light to large showroom
– Very neat and well presented

– Building Dimensions:
—- 19.9m frontage / west-north west (Approx., source: maps.tr.qld.gov.au)
—- 41.9m deep / south-west (Approx., source: maps.tr.qld.gov.au)

– Outgoings which could be levied 100% upon future tenant
—- Recent General Rates: $3,500.00 net 1/2 yr approx
—- Water: access charge + use
—- Lease Management Fees: Currently self-managed by Owner

– Classification: Commercial Retail Building
– Local Government Area: Lockyer Valley Regional Council

COMMERCIAL INVESTORS, let’s zoom in on Infrastructure Growth nearby:

– 1000 jobs expected to be supported during construction/operational phase of 1000 new beds at Southern Qld Correctional Centre (SQCC) which opened 2012 with 300 beds, 13.3km away
– In March 2021, Qld Gov’t awarded Council $4.03m for ‘shovel-ready’ community infrastructure
– Similar funding last year resulted in: learn to ride course at new Fairways Park with pump tracks; dog park; nature play elements; shelters and BBQs
– A delegation of SE Qld Mayors met with Prime Minister, Opposition Leader and 16 advisors in early 2021, securing ‘good support’ for the delivery of an ‘SEQ City Deal’ – a 20-year agreement between three levels of government and industry to jointly identify and deliver infrastructure and economic priorities for South East Queensland

– Gatton population: 7,101 (Source: 2016 Census)
– Lockyer Valley Region population: 41,011 (Source: 2018 ABS)

CAPTURING a key main street position; large floor space; and ample rear / on-street carparking – 1/55 Railway Street represents a strong opportunity for Commercial Investors.

FOR MORE INFORMATION, we’re standing by – as the Exclusive Agents – for your inquiry or inspection request. ACQUIRE THIS PRIME COMMERCIAL SITE IN GATTON NOW!

***Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.

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