$649,000 - Offers Considered
7 Market Street, Gloucester NSW 2422
Other
116
Block size: 1012 m² approx.
Calling All Investors
Great investment opportunity located in the beautiful town of Gloucester.
Set on a level 1074 m2 corner lot the property provides prominent street frontage with both Queen and Market Street frontage.
The property would appeal to an investor, business owner or a developer looking to acquire a property with a secure income and future development opportunity. STCA.
This long established Commercial site has been renowned for its strong rental occupancy over many years.
Offering a strong rental return of approx. 6% based on the asking price. The commercial shop and shed is currently rented to a long term tenant on a 5 x 5 year lease. (Gloucester outdoor solutions - Business not for sale)
The second section of the property is the office and secure car yard. The vendor is happy to sell with a new lease or if a prospective purchaser wants to establish a business for this section or have personal use vacant possession of the car yard an option.
The property is low maintenance and in good conditioning. With low overheads this is a perfect set and forget investment opportunity for an investor.
• Land size 1074 m2
• Zoned R3 Medium Density residential with existing commercial use.
For more information contact Kristy Markham on 0408643328
Disclaimer: We have in preparing this document used our best endeavors to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this document.
Set on a level 1074 m2 corner lot the property provides prominent street frontage with both Queen and Market Street frontage.
The property would appeal to an investor, business owner or a developer looking to acquire a property with a secure income and future development opportunity. STCA.
This long established Commercial site has been renowned for its strong rental occupancy over many years.
Offering a strong rental return of approx. 6% based on the asking price. The commercial shop and shed is currently rented to a long term tenant on a 5 x 5 year lease. (Gloucester outdoor solutions - Business not for sale)
The second section of the property is the office and secure car yard. The vendor is happy to sell with a new lease or if a prospective purchaser wants to establish a business for this section or have personal use vacant possession of the car yard an option.
The property is low maintenance and in good conditioning. With low overheads this is a perfect set and forget investment opportunity for an investor.
• Land size 1074 m2
• Zoned R3 Medium Density residential with existing commercial use.
For more information contact Kristy Markham on 0408643328
Disclaimer: We have in preparing this document used our best endeavors to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this document.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Kristy Markham to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
1
Bathrooms:
1
Garage Spaces:
6
Property type:
Other
Block Size:
1012 m²*
Other Details
Lot:
12
Plan Type:
DP
Plan:
66032
Legal description:
12/66032
Maps and area information
Block information
Block size: 1012m² (approx)
Legal description: 12/66032
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
14 Apr 2022
Sold
$0
Transfer: 14/04/2022
Block size: 1012m²
Transfer type: Full transfer
Purpose: Commercial
Gloucester suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
56 years
Population
3,133
Listing ID: 181809879. This listing has been viewed 19 times. It was first displayed on 28/07/2023 and last updated on 04/10/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.