A 3d–4f heterometallic compound, namely [Ni6GdL4(ox)(H2O)12]⋅[NO3]⋅14.5H2O (1) (L=2,2’‐phosphinico‐dibenzoate and ox=oxalate), was obtained by self‐assembly of nickel nitrate, gadolinium nitrate, oxalic acid, and 2,2’‐phosphinico‐dibenzoic acid (H3L). Such compound has been structurally characterized via single‐crystal X‐ray diffraction analysis and infrared spectroscopy. This compound features a basic unit of {Ni4Gd} clusters and 2,2’‐phosphinico‐dibenzoate ligands. Each unit is connected by another Ni2+ through the axial coordination of benzoate oxygen to form a layer. Meanwhile, each oxalate ligand bridges the expanded Ni4Gd‐Ni4 net, constructing a 3‐D framework. From the viewpoint of network topology, this compound can be simplified as a sqc6 topology. Magnetic analysis shows ferromagnetic interactions between the Ni(II) and Gd(III) centers in Ni4Gd nodes and antiferromagnetic coupling with oxalate bridges in this compound.