Secure an immediate return with this solid investment property, currently tenanted and generating $460 per week in rental income. Positioned on a generous 1,148m² allotment, this property also offers outstanding future potential to renovate the existing home or redevelop the site (subject to council approval).
Built in 1960, the home retains many of its original character features, providing the perfect canvas for those looking to modernise and add value while continuing to enjoy rental income.
Property Features
Three well-sized bedrooms
One bathroom
Separate lounge and dining areas
Spacious kitchen
Approximately 124m² under roof
Covered outdoor entertaining area
Single garage/workshop
Expansive backyard with ample room for extensions, sheds or future development
Convenient Location
Ideally situated in the heart of Gladstone, the property is:
Just 1.3km from the Gladstone CBD
Only 750m from Gladstone State High School
Close to shops, schools, public transport and everyday amenities
Whether you're looking to expand your investment portfolio, undertake a renovation project, or secure a large parcel of land with redevelopment potential, this property presents an exceptional opportunity in a sought-after location.
Currently leased at $460 per week, providing immediate rental income from day one
Currently leased until 7 Jan 2027
Council rates approx $3,600 per annum with discount
* Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
