FOR SALE
$2.2 million

35 North Street
Gatton QLD 4343

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 425m2
Land area: 943m2
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Tenanted commercial property - Close to CBD

Presenting 35 North St, Gatton - in the heart of the ever growing Lockyer Valley. Commercial property with long terms tenants in place.
The property currently has 4 tenancies, with the possibility of splitting one to make 5, thereby increasing the income.
The property currently returns $8430 per month plus outgoings, with tenancy 1 due to increase in November 2024.
Current tenancies:
Tenancy 1 - Takeaway food shop. - Approximately 75 square metres
Tenancy 2 - Podiatrist. - Approximately 75 square metres
Tenancy 3 - Takeaway food (Dominos Pizza) - Approximately 75 square metres
Tenancy 4 - Employment agency. - Approximately 193 square metres
Staff parking and amenities at the rear of the property

Property Details for 35 North St, Gatton

Building Type
Commercial
Floor Size
425m2
Land Size
943m2

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About Gatton 4343

The size of Gatton is approximately 42.8 square kilometres. It has 15 parks covering nearly 6% of total area. The population of Gatton in 2011 was 6,869 people. By 2016 the population was 7,108 showing a population growth of 3.5% in the area during that time. The predominant age group in Gatton is 20-29 years. Households in Gatton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gatton work in a labourer occupation. In 2011, 53.3% of the homes in Gatton were owner-occupied compared with 53.7% in 2016.

Gatton has 3,694 properties. Over the last 5 years, Houses in Gatton have seen a 92.39% increase in median value, while Units have seen a 23.19% increase. As at 31 August 2024:

  • The median value for Houses in Gatton is $483,225 while the median value for Units is $347,261.
  • Houses have a median rent of $485 while Units have a median rent of $350.
There are currently 40 properties listed for sale, and 17 properties listed for rent in Gatton on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in Gatton.

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Linda George
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Elders Real Estate Gatton
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