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2/55 Railway Street
Gatton, QLD 4343
For Sale - $4.6 Million
Overview
Single Tenant Investment - The Reject Shop
This commercial property located at Lot 2 / 55 Railway Street, Gatton, presents a prime investment opportunity with a single tenant lease in place. The property is currently tenanted by a well-established national retailer, The Reject Shop, which operates over 385 stores across the country. This tenant has successfully traded on this site for more than 15 years, demonstrating the location's strong retail appeal and consistent customer base.
The investment offers a secure income stream with annual rental increases of 4%, providing a reliable and growing return. The property benefits from a recently installed new roof and has a history free from flooding, ensuring minimal maintenance concerns and risk exposure.
Situated in a prime city centre location, the property is directly opposite the Gatton Regional Council chambers and adjacent to all major banks, enhancing its accessibility and prominence. It trades into Gatton's primary retail street, Station Street, which is a bustling area with significant foot traffic and commercial activity.
Parking is ample, with 26 on-site car parks available, complemented by extensive on-street parking along Railway Street, including kerbside and median parking. The property frontage extends approximately 35.2 meters along Railway Street, providing excellent exposure to passing traffic and pedestrians.
The land size totals 1,533 square meters (approximately 0.38 acres), with a building footprint of 750 square meters, offering substantial space for showroom and bulky goods retail operations. The zoning is commercial, aligning with the property's current use and allowing for a variety of commercial activities.
Key features of this investment include:
- Long-standing national tenant with a strong retail presence
- Annual rental increases of 4% ensuring income growth
- Newly installed roof and flood-free history
- Prime location in Gatton's city centre opposite council chambers and banks
- Excellent frontage and visibility on Railway Street
- Ample parking with 26 on-site spaces plus extensive street parking
- Large land and building area suitable for showroom and bulky goods retail
- Commercial zoning supporting diverse business uses
This property represents a rare opportunity to acquire a secure, income-producing commercial asset in a key regional centre. Its strategic location, strong tenant covenant, and solid physical attributes make it an attractive proposition for investors seeking stable returns and capital growth potential.
For further details or to discuss this opportunity, interested parties are encouraged to make enquiries through the appropriate channels.
Location
Gatton QLD 4343
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 750 sqm |
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