SOLD
Sold on 16 Apr 2024 for $1,250,000

45 Railway Street
Gatton QLD 4343

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 496m2
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Property Details for 45 Railway St, Gatton

Building Type
Commercial
Land Size
496m2
Local Government
Lockyer Valley Regional
Lot/Plan
1/RP101184

Last Listing description (February 2024)

Colliers Toowoomba is excited to present an exclusive investment opportunity: 45 Railway Street, Gatton QLD.

This property is an exceptional investment, anchored by ASX listed tenant, NAB, offering a six-figure net lease with all outgoings covered by the tenant. With strong trade in the Lockyer Valley region, and a demand for cash-based business, longevity of the tenancy remains.

Being strategically positioned in the centre of Gatton's main thoroughfare, and in proximity to the town's primary shopping hubs, makes it an outstanding asset with great future potential.

Some key property highlights include:
- 496sqm freehold allotment zoned commercial town centre
- A net income of $100,295.00 per annum* + GST, as of October 20, 2023
- Continued income growth with annual CPI rent increments
- Dual street frontage with access off Railway and North Street's
- Within an hour to Brisbane and around 30 minutes to Toowoomba
- Property is leased until June 30, 2025, with an additional year option

This is an exceptional opportunity for investors seeking a secure and high-potential investment.

For further information and to obtain an IM, please contact Callum Hogan on 0438 578 335.

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Property History for 45 Railway St, Gatton, QLD 4343

A timeline of how this property has performed in the market
Last Sold
$1,250,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $1,250,000
  • 13 Feb 2024
    Listed for Sale Contact Agent
  • 12 Jul 1999
    Sold for $535,000
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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 87.58% increase in median value, while Units have seen a 24.76% increase. As at 31 July 2024:

  • The median value for Houses in Gatton is $473,665 while the median value for Units is $335,272.
  • Houses have a median rent of $470 while Units have a median rent of $350.
There are currently 40 properties listed for sale, and 15 properties listed for rent in Gatton on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Gatton.

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