2230m2 Gatton Industrial Investment Priced to Sell - Lease income $41,971
- Two long-standing tenants
- Well priced for immediate sale
This 2230sqm industrial block is a combination of two allotments. The two lots have separate leases with long term tenants in place. Lot number two has an elevated position over Gatton-Helidon Road, allowing for good advertising opportunities in the future. Based on the current rental income, the investment premises is being sold on an 8.4% investment yield.
Freestanding Retail Investment Renewed 5 year lease from March 2015 plus 1 x 5 year option to March 2025. Target Australia Pty Ltd: wholly owned subsidiary of Wesfarmers Ltd, a Top 10 ASX listed company with operating income of $59.8 billion (FY 2013). Store above turnover threshold resulting in immediate rental growth. Prominent freestanding building built in 2005 comprising 1,201 sqm with 40 metre retail frontage. Large 2,100 sqm site adjoining council car park. Trophy location opposite Coles & McDonalds. Gatton: 86km west of Brisbane, underpinned by Lockyer. Valley agriculture and home to University of QLD Gatton Campus...
Investor Liquidates Assets Rare opportunity to purchase a shopping arcade located in the prime location of the Main Street in Gatton right beside the National Australia Bank and across the road from the Council Offices and Chambers plus the Gatton Shire Hall.
Gatton serves as a busy retail centre for the Lockyer Valley and is located halfway between Ipswich and Toowoomba (both 30min).
Shopping Arcade with 5 Shops
3 Currently Leased Returning $49,369.08 pa + gst & Outgoings
Projected Return All 5 Lets $83,369.08 pa + gst & Outgoings
Land Size 476m2
Committed Vendor To Sell On or Before Auction
Woodlands Rise Land Estate - SE Qld Development Opportunity Land Area: 197.96 Hectares* Balance of existing estate - previous stages sold out Located 3km* south east of Gatton and 95km* west of Brisbane CBD ROL approval for 73 park residential lots with OPW for first 22 lots allowing for immediate commencement Potential Masterplanned Estate with indicative yield of 1,239 residential lots and 3.4ha* Town Centre