Premium Betta Electrical Investment In Booming South-East Queensland Region

SOLD

49 Railway Street

Gatton QLD 4343

Retail

FOR SALE

363m2

LJ Hooker Commercial Brisbane is proud to present Betta Electrical Investment to the market for immediate sale, via Auction, Friday 16th June 2023 (unless sold prior).

Rarely do opportunities of this calibre appear on the market. Outstanding opportunity to purchase a secure investment with substantial income upside.

* Leased until 16 June 2024. (Tenant wishing to stay)
* 363sqm Building Area part of 455sqm site area in Gatton CBD.
* Passing Income: $49,440 Per Annum Gross+ GST.
* Outgoings approx. $4,021.50 Per Annum. Approx. (Building Rates Only).
* Annual fixed 3% Reviews, providing solid and compounding income growth.
* Immaculate internal fit out. Front and side access, additional land via North Street included in the sale.
* Strong covenant leased to Betta Electrical (Werski Pty Ltd). Experienced retail trades.
* Centre positioned neighbouring all national retailers. Situated in the middle of Town, close to all major banks & Council Chambers.
* Abundance of exposure to Railway Street .
* Business Centre Zoned. Future development potential.
* Located within 400m to Gatton Square, 350m to Gatton Railway Station, 650m to Bus Stop, 6.8km to UQ Gatton, 36.6km to Toowoomba, 92km to Brisbane.
* Clear instructions to sell via Auction, Friday 16th June 2023 (If not Sold Prior). Lake Apex Visitor Centre - 34 Lake Apex Drive Gatton, from 10.30am.
* Contact Exclusive Agents Tasmin Colquhoun or Manoli Nicolas on 0400082170 for further details today.

BUILDING AREA: 363sqm
LAND AREA: 455sqm
PRICE: Auction 16 June 2023 (If not sold prior)

Location:
Gatton is the largest town and the business centre of the Lockyer Valley. The fertile Lockyer Valley of South East Queensland is home to the rich farming region, with Gatton just 60 minutes from Brisbane and 40 mins from Toowoomba. The University of Queensland Gatton Campus is only five minutes from the Central Business District and has a wealth of history including the old Foundation Building.