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19 Cumners Rd
Gatton QLD 4343
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19 Cumners Rd Gatton QLD 4343

  • Shop & Retail
  • 2,336 m²
  • For Sale, $2,000,000 (excl. GST)

2.146ha with 5 sheds + House with Granny Flat. Current use Rural Retail.

  • – 2.146ha (approx 5 acres)
  • – 5 large sheds (1 retail + 4 storage)
  • – 4 bed house with granny flat

This 2.146ha property is currently leased for rural retail to a business that has been in operation for almost 15 years in this location. Whilst the property boasts 5 sheds in total (approx 1450sqm under roof) only 3 of them are included in the current lease which returns $75,000ex gst. The other 2 sheds are utilised by the owner for personal use but could potentially be leased for approx $50,000pa combined.

The property also features a 4 bedroom residential house with a separate granny flat. Combined these residential properties return an additional $41,600pa

The total return to the current owner is approximately $116,000pa with the potential to gain an additional $50,000pa by renting out the 2 sheds currently used by the owner for personal use.

The lease on the rural retail space is very negotiable as the owner of the freehold property is also the owner of the rural retail business that operates from the property. If you are looking for a property to operate your own business from there is the potential for the existing business to relocate or be purchased.

The property is conveniently located close to the Gatton CBD and the Warrego Highway. There is ample room to maneuver articulated trucks and large machinery on the property with a 5000gal/hr bore (fitted with 1000gal/hr pump) making it suitable for a large range of uses.

This property's versatility opens it up to a wide range of uses. To find out more information please contact the marketing agent Paul Price on 0477 971716.

Property Highlights

Floor Area2,336 m²
Land Area2.15 ha
ParkingOn site parking available
Building TypeWhole building
Annual Return8%
AvailabilityTenanted
Property ID2019364077
Category
Last updated  28 Jul 2024
Map for 19 Cumners Rd Gatton QLD 4343

Property Highlights

Floor Area2,336 m²
Land Area2.15 ha
ParkingOn site parking available
Building TypeWhole building
Annual Return8%
AvailabilityTenanted
Property ID2019364077
Category
Last updated  28 Jul 2024

Listed by

Paul Price
Paul Price
Proactive Business Sales
Call
0477971716

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