FOR SALE
OFFERS OVER $495,000

7 Cotton Street
Barney Point QLD 4680

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Land area: 1351m2
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INVESTORS ASSEMBLE... PRIME OPPORTUNITY

Seize the chance to invest in a property that offers both stability and a strong return on investment. Located in the bustling industrial precinct of Barney Point, this property is more than just a prime location-it's an asset backed by a solid tenant.
Property Highlights:
• Passing Rent: $37,545.60 per annum + GST + Outgoings*^
• Potential Return: In the range of 7%+, making it a robust addition to any investment portfolio.
• Lease Details: Current lease extends until 17/09/2025, providing security and peace of mind for the investor.
• Tenant Profile: An extremely tidy and organised tenant with a strong, ongoing business presence in the area.
• Tenant Overview: The property is occupied by MONSON, a reputable national shipping logistics company with offices across Australia. MONSON services ports worldwide, ensuring a reliable and consistent rental income.
• Property Features: The site includes a fully concreted area ideal for off-street parking, a 2-bay garage, and a 3-bay shed-two bays of which are equipped with roller doors-offering ample storage and operational space.
As at July 2024*
This is a rare opportunity to invest in a well-maintained property with a high-performing tenant in place. Whether you're expanding your portfolio or seeking a stable income-generating asset, 7 Cotton Street, Barney Point, is a top-tier option.
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Property Details for 7 Cotton St, Barney Point

7 Cotton St, Barney Point is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 1351m2. The place is currently for sale with Ray White Gladstone.

Building Type
House
Land Size
1351m2

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About Barney Point 4680

The size of Barney Point is approximately 3.3 square kilometres. It has 6 parks covering nearly 6.5% of total area. The population of Barney Point in 2011 was 1,155 people. By 2016 the population was 1,102 showing a population decline of 4.6% in the area during that time. The predominant age group in Barney Point is 50-59 years. Households in Barney Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Barney Point work in a trades occupation. In 2011, 47.5% of the homes in Barney Point were owner-occupied compared with 47.8% in 2016.

Barney Point has 738 properties. Over the last 5 years, Houses in Barney Point have seen a 131.06% increase in median value, while Units have seen a 124.18% increase. As at 31 October 2024:

  • The median value for Houses in Barney Point is $375,629 while the median value for Units is $263,711.
  • Houses have a median rent of $405 while Units have a median rent of $360.
There are currently 21 properties listed for sale, and 5 properties listed for rent in Barney point on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Barney point.

Suburb Insights for Barney Point 4680

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Atlas Corrin
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Ray White Gladstone
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.