4/62-64 Wallarah RoadGorokan NSW 2263
Property Details for 4/62-64 Wallarah Rd, Gorokan
Last Listing description (September 2025)
Presenting an outstanding opportunity to acquire two well-established, fully leased retail shopfronts in a prime commercial location.
With strong tenancy covenants in place and consistent rental returns, this investment ensures stable income and long-term growth potential.
Shop 4 and 5 have a total combined floor space of 158.8sqm with separate amenities and rear lane access to both premises.
Prime main Road Location in a high-traffic retail area with excellent visibility and footfall.
This is a rare opportunity to acquire a secure, income-generating commercial property with minimal risk and excellent long-term growth prospects.
A combined annual rental of $107,000 with built-in rent reviews ensuring long-term growth potential and secure lease structures with renewal options in place.
Lease Agreement: Shop 4$57,000 per annum (including outgoings)
Shop 5 $50,000 per annum plus outgoings
Lease Term: Shop 4 3 x 3 Years (Option renewed 11 February 2025) Shop 5 5 x 5 years
Annual Rent Review: CPI + 1% CPI
Outgoings: Included in rent, with tenants responsible for Paid by tenant
trade waste and water usage
Disclaimer: Information has been sourced using third parties. As the representing agency, we do not guarantee accuracy, accept no liability, and advise interested parties to conduct their own investigations. Images are indicative only.
Property History for 4/62-64 Wallarah Rd, Gorokan, NSW 2263
- 29 Jul 2025Sold for $745,500
- 10 Mar 2025Listed for Sale $1,491,000
- 20 Sep 2022Sold
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About Gorokan 2263
The size of Gorokan is approximately 3.0 square kilometres. It has 19 parks covering nearly 6.5% of total area. The population of Gorokan in 2016 was 8367 people. By 2021 the population was 8624 showing a population growth of 3.1% in the area during that time. The predominant age group in Gorokan is 20-29 years. Households in Gorokan are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gorokan work in a community and personal service occupation.In 2021, 60.20% of the homes in Gorokan were owner-occupied compared with 62.80% in 2016.
Gorokan has 4,074 properties. Over the last 5 years, Houses in Gorokan have seen a 61.52% increase in median value, while Units have seen a 48.36% increase. As at 30 November 2025:
- The median value for Houses in Gorokan is $790,782 while the median value for Units is $564,237.
- Houses have a median rent of $560 while Units have a median rent of $490.
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