Holding a commanding street frontage, with great exposure on the edge of the Gloucester CBD - this savvy investment opportunity is not to be missed.
With brilliant long term tenants already in place, under lease until October 2026 the hard work has been done for you.
Development potential (STCA), with a minimum lot size of 500m2 under the MU1 (Mixed Use) Zoning. Approximately 2000sqm of vacant land makes up the rear of this asset.
3633 sqm, corner block
Situated on the edge of Gloucester CBD
Approx 2000sqm of vacant land adjacent to sheds.
Approx 660*sqm of floor space under roof.
The size of Gloucester is approximately 58.3 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gloucester in 2016 was 2975 people. By 2021 the population was 3133 showing a population growth of 5.3% in the area during that time. The predominant age group in Gloucester is 60-69 years. Households in Gloucester are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gloucester work in a trades occupation.In 2021, 70.90% of the homes in Gloucester were owner-occupied compared with 66.90% in 2016.
Gloucester has 2,093 properties. Over the last 5 years, Houses in Gloucester have seen a 73.43% increase in median value, while Units have seen a 13.46% increase. As at 31 January 2026:
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