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39 Railway Street
Gatton QLD 4343
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Sold on 4 Mar 2023

39 Railway Street Gatton QLD 4343

  • Shop & Retail
  • 238 m²
  • Sold, $1,000,000

PERFECT COMMERCIAL OPPORTUNITY - OVER 9% RETURN

    This property presents the perfect mix of Commercial & Residential investment, right in the heart of Gatton, one of the biggest growth areas in the Darling Downs.

    Situated on the Railway St, with high foot & car traffic passing the property every single day, this opportunity is not one to be missed.

    Commercial Details:

    Fantastic Long Term Tenants in Place ( The Shed Gatton - Gym)
    3 year plus 3 year lease in place
    Approx Area 345m2
    Male, Female & Disable Toilets
    Well Sized Storeroom
    Return: $70,122 per year

    Residential Details:

    1 x 1 Bedroom 1 Bathroom Unit
    1 x 2 Bedroom 1 Bathroom Unit
    12 Month Lease's in place
    Front & Rear Access for both Residential Units
    Spacious Timber Veranda overlooking Gatton CBD
    2-3 Car Parks at rear of the property
    Return: $35,500 per year

    Council Rates - $2,460 per half year approx
    Insurance - $4,400 per year

    Contact us today to book in an inspection

    Property Highlights

    Date Sold4 Mar 2023
    Sold Price$1,000,000
    Floor Area238 m²
    Land Area544 m²
    ParkingAsk Agent
    Property ID2018239418
    Category
    Last updated  25 May 2023
    Map for 39 Railway Street Gatton QLD 4343

    Property Highlights

    Date Sold4 Mar 2023
    Sold Price$1,000,000
    Floor Area238 m²
    Land Area544 m²
    ParkingAsk Agent
    Property ID2018239418
    Category
    Last updated  25 May 2023

    Listed by

    Ben Walker
    iThink Property Ipswich
    Call
    0418 160 960

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