1, 2, 3/18 Geraldine Street,

West Gladstone

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: $54,500 per annum

• 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.