1,2,3/18 Geraldine Street, West Gladstone, Qld 4680

bedrooms 6
bathrooms 3
parkingSpaces 3
|Unit
GREAT INVESTMENT OPPORTUNITY
GREAT INVESTMENT OPPORTUNITY
Published on: 04 Jun 2025
Last updated on: 19 Jul 2025
1,2,3/18 Geraldine Street, West Gladstone, Qld 4680
1,2,3/18 Geraldine Street, West Gladstone, Qld 4680
1,2,3/18 Geraldine Street, West Gladstone, Qld 4680
+18
1,2,3/18 Geraldine Street, West Gladstone, Qld 4680
  • 18
Property ID: 148185728
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Investor/Developer Alert – 3 x 2BR Units on One Title – High Yield & Future Potential

1,2,3/18 Geraldine Street, West Gladstone, Qld 4680
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. 

Key Features:
• 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

Financial Snapshot:
• Current Rent: $46,280 per annum
• Projected Rent: $55,000 – $58,000 p.a. with minor improvements
• 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

Why This Property?
• 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

Returns, development potential, and value uplift, opportunities like this are rarely offered and quickly snapped up. Inspect and invest with confidence.

Property Details

Basic Info

Property Type
Unit
Listing Status
On Market
Parking Spaces
3
Land Size
840.00 m2
Rooms
6 bedroom(s), 3 bathroom(s)
Address
1,2,3/18 Geraldine Street, West Gladstone, Qld 4680
Telly Karadimos
Telly Karadimos
115 Ferry Road, Southport, Qld 4215
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Telly Karadimos
Telly Karadimos
115 Ferry Road, Southport, Qld 4215
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      Property ID: 148185728

      Original Property ID: 148185728
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