Positioned in one of Gladstone's high-demand growth corridors, 81 Ann Street presents a rare opportunity for savvy investors or buyers' agents seeking a fully renovated, high-yield asset. This dual-unit property is currently returning a solid $42640 per annum, equating to a 6.5%+ return on investment, with both units fully tenanted and delivering immediate, consistent cash flow.
Unit 1 is leased at $410 per week, offering a sleek, low-maintenance residence perfect for long-term rental stability. Unit 2, currently rented at $410 per week under a secure Government Head Lease, provides a larger, upgraded living space - a valuable inclusion for investors focused on both performance and peace of mind.
Meticulously refurbished throughout, both units showcase modern updates including new flooring, paint, quality appliances, and a bespoke shared laundry area - all selected for tenant durability and minimal upkeep. This is a turnkey property requiring no additional outlay, allowing investors to capitalise on returns from day one. Strategically located in South Gladstone, the property offers walking-distance access to shopping centres, schools, public transport, and dining - making it highly appealing to a broad tenant market.
Gladstone itself continues to strengthen its reputation as a hub for energy, infrastructure, and export industries, with population growth and rental demand reflecting the region's economic momentum. Properties of this type - fully renovated and fully tenanted are tightly held and rarely come to market.
Don't miss this chance to secure a premium, low-maintenance investment with reliable returns and long-term upside in one of Queensland's key economic zones.
Rates - $3717 (Approx excl Water)