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.