$849,000+

8 Bed  •  3 Bath  •  1 Car  •  680m²

Main view of Homely house listing, 35 Hickey Street, Gatton QLD 4343
Floorplan of Homely house listing, 35 Hickey Street, Gatton QLD 4343
Second view of Homely house listing, 35 Hickey Street, Gatton QLD 4343
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35 Hickey Street, Gatton QLD 4343

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$849,000+

  • 8
  • 3
  • 1
  • 680m²

House for saleNEW on Homely

Next inspection:Sat 20 Dec 12:00pm

What's around Hickey Street

House description

“Exceptional Multi-Unit Investment in the Heart of Gatton!”

Positioned in one of Gatton's most convenient and central locations, this unique property presents an extraordinary opportunity for investors seeking a high-yield, low-maintenance asset with immediate income and exceptional future potential. Set on a flat, flood-free 680sqm block, this charming Queenslander has been thoughtfully configured into three self-contained units, each offering comfortable living spaces, generous proportions, and classic period features that are increasingly sought after in today's rental market.

The property showcases all the hallmarks of timeless Queenslander architecture—beautiful stained-glass windows, soaring high ceilings, and a warm, light-filled ambience throughout. Natural light pours into each unit, enhancing the sense of openness and highlighting the tasteful updates found in the two recently renovated residences.

The front two units feature:
- Two spacious bedrooms with excellent ventilation and natural light
- A well-appointed kitchen with ample cupboard storage and practical layouts
- A well appointed bathroom
- Hybrid flooring in the units for durability and modern appeal
- Bright, airy living spaces ideal for relaxed everyday comfort

The third unit remains in its original, well-preserved condition—neatly maintained while offering exceptional potential for modernisation. This represents a prime value-add opportunity for savvy investors seeking to elevate rental yields and enhance long-term capital growth.

Positioned at the rear of the property, the unit features four generously sized bedrooms, a spacious lounge room bathed in natural light, and an oversized kitchen with ample room for a dining setting. A well-appointed bathroom and direct access to the backyard further enhance its appeal, making it an ideal option for both future tenants and owner-occupiers alike.

Underneath the home, you'll find ample under-house storage, a practical bonus for tenants and property owners alike. The block itself is level and flood-free, enhancing both tenant desirability and long-term peace of mind.

Strong, Reliable Rental Returns
This property is already performing exceptionally well, currently returning:

Unit 1: $450* per week

Unit 2: $400* per week

Unit 3: $350* per week

That's a combined income of $1,200* per week, making this a standout opportunity for seasoned investors and newcomers wanting a secure entry point into the Gatton market. With two of the units already beautifully updated and the third offering immediate potential for improvement, this is one of those rare properties that will only grow in value with any upgrades you choose to implement—while still delivering a solid, consistent income from day one.

Whether you're seeking a high-performing addition to your portfolio or an investment where charm, character and practicality come together seamlessly, this Gatton gem is not to be missed. Opportunities like this—central, profitable, and rich in future upside—are exceptionally rare.

Area Details:
2 Minutes* to Gatton State School.
3 Minutes* to Gatton CBD that offers Supermarkets, Retail Stores, Restaurants, Cafes, Take Aways, Pharmacy and Doctors.
3 Minutes* Lockyer District High School.
5 Minutes* to Warrego Highway.
9 Minutes* to The University Of Queensland Gatton Campus.
37 Minutes* to Toowoomba CBD.
37 Minutes* to Amberley RAAF Base.
43 Minutes* to Ipswich CBD.
1 Hour and 12 Minutes* to Brisbane CBD.

For more information or to schedule an inspection, contact Jackson Timmins on 0484 565 115 or [email protected] today!

Approximately*

Disclaimer:
While we note that all rooms advertised as bedrooms are capable of fitting a bed, it is the responsibility of the buyer, and/or their building and pest inspectors, or any other professionals they engage, to conduct due diligence to ensure that the rooms comply with the relevant building codes and regulations. Any furniture or decor shown is for illustrative purposes only and will not be included in the final sale unless specifically negotiated. All details in this listing are presented to the best of our knowledge, and while we strive to provide accurate information, we are not licensed surveyors, inspectors, builders or owners. Property boundaries, dimensions, features, and inclusions should be independently verified by interested parties prior to making any decisions. We recommend conducting a thorough inspection of the property to ensure it meets your expectations. For more information, please contact the listing agent directly.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

floorboards

Floorboards

Land details

Area: 680m²

Interactive media & resources

Inspection times

Saturday
20 Dec 12:00 PM
Contact the agent
To request an inspection
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35 Hickey Street, Gatton QLD 4343
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