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.
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