 Asset Class: | Retail |
 Price: | $ 4400000 |
 Net Yield: | 6.50 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
<p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);">This exceptional commercial property presents a rare opportunity to acquire a high-performing retail asset in the heart of Gatton. Situated in a prime city centre location, directly opposite the Gatton Regional Council Chambers and adjacent to all major banks, the property is strategically positioned on Gatton’s primary retail street—Station Street.</span></p><p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);"> </span></p><p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);">Built approximately 16 years ago, the asset offers a total net lettable area of 746 square meters, leased to a long-term, well-established tenant—The Reject Shop (TRS). TRS has successfully traded from this inner-city location for over 15 years. The building features modern concrete tilt-slab walls, a glazed frontage with aluminium-framed floor-to-ceiling windows and sliding doors, and a metal deck roof.</span></p><p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);"> </span></p><p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);">The roof was recently replaced, including the front awning, and comes with a 20-year guarantee. Eight large split-system air conditioning units provide efficient heating and cooling, with five of these units having been recently replaced. A loading dock at the rear of the property provides convenient access from the adjoining lane, which also leads to the car park. The property offers ample parking, both on-street and at the rear.</span></p><p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);"> </span></p><p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);">This investment generates a net income of $286,372.5 per annum, with annual rental increases set at 4%, ensuring consistent growth.</span></p>
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<p style=""><span style="color:rgb(0, 0, 0);">Gatton is the economic center of the Lockyer Valley Regional Council, which has a total resident LGA population of 42,000 people. Strategically positioned between Brisbane and Toowoomba, Gatton provides essential retail, health, and educational amenities to the Lockyer Valley—one of Australia’s most important agricultural precincts. The area is known for its stability and resilience, thriving in diverse economic conditions due to its consistent domestic and international agricultural outputs.</span></p><p style=""><span style="color:rgb(0, 0, 0);">Gatton is home to an extensive range of national retail brands, including Coles, ALDI, IGA, McDonald’s, KFC, Kmart, Super Cheap Auto, and RDO Equipment. The University of Queensland’s Gatton Campus is a leading Australian agricultural school, offering courses in agriculture, animal science, veterinary science, and environmental studies.</span></p><p style=""><span style="color:rgb(0, 0, 0);">Located approximately 30 minutes from Toowoomba—Australia’s second-largest inland city—Gatton offers residents the opportunity to enjoy a rural lifestyle while benefiting from a range of employment opportunities. Additionally, Gatton is around one hour west of Brisbane’s CBD and about one hour and 15 minutes from the Brisbane Domestic Airport, making it conveniently accessible.</span></p>
Additional Location Information FileThe Reject Shop: <a target="_blank" href="https://www.rejectshop.com.au/stores/3457/kerang" style="">https://www.rejectshop.com.au/stores/3457/kerang</a><br> <br>The Reject Shop is an Australian discount variety retail chain founded in 1981, offering a wide range of affordable products including household goods, groceries, health and beauty items, toys, and homewares. With over 300 stores across Australia, it focuses on providing budget-friendly options for families and individuals. The store operates on a no-frills model, sourcing products at low prices to pass the savings on to customers.
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TRS Rental Comparisons: 2/55 Railway Street Gatton QLD 4343 -746 sqm - $420/sqm 13-15 Fitzroy Street Kerang – 669 sqm - $269/sqm 1239 Nepean Hwy, Cheltenham VIC 3192 - $1,000/sqm 415 McDonalds Rd, Mill Park VIC 3082 - $1,000/sqm 1 N Lakes Dr, North Lakes QLD 4509 -$820/sqm 600 Kingsway NSW - $900/sqm 145 Condamine St, Brookvale NSW 2100 - $880/sqm Shop 186 Luxford Rd, Mount Druitt NSW 2770 -$1,000/sqm
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Retail Asset</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Prime Location:</b></span></p></li><ul style="list-style-type:circle;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Situated in the heart of Gatton, opposite Gatton Regional Council Chambers</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Located on Gatton's primary retail street, Station Street</span></p></li></ul><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total Net Lettable Area - 746 square meters</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">The Reject Shop (TRS)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Building Features:</b></span></p></li><ul style="list-style-type:circle;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Modern concrete tilt-slab walls</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Glazed frontage with aluminum-framed floor-to-ceiling windows and sliding doors</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Metal deck roof, recently replaced with a 20-year guarantee</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Eight large split-system air conditioning units (five recently replaced)</span></p></li></ul><li style="list-style-image:none;color:rgb(51, 51, 51);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Access & Parking:</b></span></p></li><ul style="list-style-type:circle;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Loading dock accessed at the rear from the adjoining lane</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Ample parking available both on-street and at the rear</span></p></li></ul><li style="list-style-image:none;color:rgb(51, 51, 51);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Investment Highlights:</b></span></p></li><ul style="list-style-type:circle;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Income - $286,372.5 per annum </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Annual Rental Increases - 4%</span></p></li></ul></ul>
