Positioned in a highly convenient location in the heart of Gladstone Central, 1/37 Bramston Street presents an exceptional opportunity for investors seeking a low maintenance, high demand rental property in a consistently strong market. This well appointed two bedroom, one bathroom unit with a single car space sits on a manageable 79m² allotment, offering practical living and long term tenant appeal.
The property's standout advantage is its unmatched proximity to key employment, education, and lifestyle hubs. Located just moments from Gladstone State High School, local primary schools, the PCYC, Gladstone Hospital, medical centers, supermarkets, cafés, and the central shopping precinct, this unit is perfectly positioned for strong, ongoing rental demand. Its central location makes it particularly attractive to healthcare workers, teachers, young professionals, and retirees seeking convenience and accessibility.
For investors, the numbers speak for themselves. With a weekly rent of $360, this property delivers a strong gross yield of 6.93%, placing it well above many comparable units in the region. Even after accounting for outgoings, including body corporate fees and council rates, the property still returns an impressive net yield of approximately 4.19%, highlighting its excellent performance as a cashflow.
If you are interested and don't want to miss this opportunity, explore this property with Viona.
Disclaimer - Explore Property Gladstone
Explore Property Gladstone and the seller have taken care to ensure the information provided is accurate at the time of publication. No warranty is given, and we accept no liability for any errors, omissions or inaccuracies. Images may show selected aspects of the property and can include digital enhancements or virtual staging for presentation purposes only. They should not be relied upon as an exact representation of the property's current condition, layout, scale or suitability. All measurements, areas, boundaries and figures are approximate. Interested parties should conduct their own inspections, investigations and independent legal and financial enquiries to verify all details before entering into a contract