52 Hennessy St, Gatton is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 831m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
The owners are ready to enjoy their retirement, and are downsizing their investment portfolio.
This presents a great opportunity for another investor to either get into the property market, or add to their own portfolio.
What does this property offer?
Both units are currently tenanted, with long term leases in place. Rent return is currently $565 per week, increasing to $580 P/W in July.
Contact Linda for more information, or to arrange an inspection.
NOTE: Minimum 24 hours notice required prior to inspection.
Disclaimer: Neither the vendors nor Elders Real Estate Gatton (Including its agents, directors, associated entities or legal assigns) either jointly or severally give any warranty, and no warranty is implied, as to correctness, accuracy or worth of the information contained herein. No representations are made or implied as to value, worth or suitability (for any purpose whatsoever) of the property as described herein. It is recommended that prospective purchasers ascertain the validity of any information or particulars contained herein prior to making any financial decisions based there on.
The size of Gatton is approximately 42.8 square kilometres. It has 15 parks covering nearly 6.0% of total area. The population of Gatton in 2016 was 7101 people. By 2021 the population was 7851 showing a population growth of 10.6% in the area during that time. The predominant age group in Gatton is 20-29 years. Households in Gatton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gatton work in a labourer occupation.In 2021, 54.80% of the homes in Gatton were owner-occupied compared with 53.70% in 2016.
Gatton has 3,698 properties. Over the last 5 years, Houses in Gatton have seen a 145.97% increase in median value, while Units have seen a 108.76% increase. As at 31 December 2025:
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