43 Railway St Gatton QLD 4343

LJ Hooker Commercial Brisbane is proud to present Supercheap Auto 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. Home to Super Cheap Auto since 2010.

* 716sqm Building Area part of 943sqm site area in Gatton CBD.
* Gross Income: $157,245.90 Per Annum + GST. (approx)
* Annual CPI Reviews - max 3%, providing solid and compounding income growth.
* Leased until 31st October 2023 + 6 year Option (Tenant wishing to stay).
* Immaculate near new internal fit out.
* Strong covenant leased to Super Cheap Auto Pty Ltd. Renowned and highly experienced retail traders part of the Super Retail Group brand for 51 years.
* Corner position situated in the middle of Town, directly opposite Council Chambers, National Australia Bank, and Commonwealth Bank.
* Abundance of exposure to Railway Street and North Street. Business Centre Zoned. Future development potential.
* Located within 400m to Gatton Square, 350m to Gatton Railway Station, 650m to Bus Stop, 36.6km to Toowoomba, 92km to Brisbane.
* Clear instructions to sell via Auction, on Friday 16th June 2023 (If not Sold Prior). Lake Apex Visitor Centre - 34 Lake Apex Drive Gatton from 10.30am.

Price: Auction 16th June 2023 (If not sold prior)
Building Area: 716sqm
Land Area: 943sqm

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.