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.
Email enquiry to McGrath - SOUTHPORT
Property ID: 148185728
Original Property ID: 148185728