Strategically located close to the city centre and major hospitals, this well-maintained block of three 2-bedroom units on a single title offers a rare opportunity for savvy investors or developers. Gladstone's economy and infrastructure is experiencing sustained growth, with new industries and employment opportunities emerging.
Returns, development potential, and value uplift, opportunities like this are rarely offered and quickly snapped up. Inspect and invest with confidence.
All units feature 2 bedrooms with built-in robes and ceiling fans, good size kitchen & separate bathroom and laundry
Allocated carport + parking on street parking
Low-maintenance 840m2 block - minimal upkeep required
Strong rental history in a high-demand area
Current Rent: $54,500 per annum
Outgoings:
-Council rates & water: $7,000 p.a. (total)
-Landlord Insurance: $4,038 p.a., covering:
-Building: $1,200,000
-Loss of Rent: $180,000
-Public Liability: $20,000,000
Secure income stream with scope to boost returns
Landbank or redevelop (STCA) in a growth corridor
Ideal for SMSF investors, yield-focused buyers, or developers seeking solid fundamentals
