SOLD
Sold on 18 Jun 2024 for $1,875,000

3 Industrial Road
Gatton QLD 4343

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8257m2
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Property Details for 3 Industrial Rd, Gatton

Building Type
Commercial
Land Size
8257m2
Local Government
Lockyer Valley Regional
Lot/Plan
189/SP129306

Last Listing description (October 2024)

L J Hooker Commercial Toowoomba are pleased to present to the market 3 Industrial Road, Gatton, a regional industrial investment opportunity located in the heart of Gatton that has a history of a strong economy of Agriculture and ancillary industry.

The site is improved by 2578m2 of industrial GFA on a 8,257m2 showing a site coverage of 31% and fronting one of Gatton's busiest roads. The site occupied by 3 reputable industrial users, this investment offers the eventual purchaser strong investment fundamentals with substantial long-term benefits.


Key Features:

- Large 8,257m2 allotment zoned Industry
- Net Passing Income of $145,740* per annum across 3 tenants
- Long standing tenant covenants with annual CPI increases
- GFA 2,578m2 across 3 Sheds
- RPM Australia Pacific occupies 1,862m2 of industrial warehouse which includes a small office and lunchroom, large open plan workshop with a second warehouse that is divided into a paint booth and storage space.
- Warehouse 3 is occupied by Tiger Fluids Australia in the front 550m2 warehouse
which is utilized as an industrial workshop and Wolff Cranes occupy the 166m2 rear of the shed for storage.
- Ample onsite car parks & an abundance of hardstand & yard area
- Metal Clad Construction with 6m internal height with 3 phase power.
- Located within a busy industrial road and close proximity to Gatton's Business hub

The Lockyer Valley is located in the geographic centre of South East Queensland boasting opportunities including low set up cost, easy access to major transport routes and land affordability, making the region a perfect location for companies and businesses to establish, relocate or expand making 3 Industrial Road Gatton and ideal Industrial Investment opportunity for the astute investor!

For more information about this outstanding opportunity, please contact the exclusive marketing agents Chris Stewart or Mike Stewart of LJ Hooker Commercial Toowoomba.

*Approx

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Property History for 3 Industrial Rd, Gatton, QLD 4343

A timeline of how this property has performed in the market
Last Sold
$1,875,000
18 Jun 2024
  • 18 Jun 2024
    Sold for $1,875,000
  • 14 May 2024
    Listed for Sale Sold
  • 10 Mar 2021
    Listed for Rent $240,000 / year
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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 105.34% increase in median value, while Units have seen a 82.08% increase. As at 30 November 2024:

  • The median value for Houses in Gatton is $518,584 while the median value for Units is $378,477.
  • Houses have a median rent of $500 while Units have a median rent of $350.
There are currently 38 properties listed for sale, and 21 properties listed for rent in Gatton on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Gatton.

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Christopher Stewart
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Mike Stewart
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LJ Hooker Commercial Toowoomba
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