1-6/1 Side Street,West Gladstone
Positioned at 1-6/1 Side Street, West Gladstone, this outstanding unit complex presents a rare opportunity to secure a fully tenanted, income-producing asset in a prime central location.
Comprising 6 fully furnished units, each offering 2 bedrooms, 1 bathroom, and a lock-up garage with additional storage, this property is ideal for investors seeking strong, consistent returns with minimal ongoing management complexity-no body corporate.
All units are currently leased to a local company, ensuring stable tenancy, with a rental increase scheduled for 30th April 2026, providing immediate upside potential.
Located in the heart of West Gladstone, tenants enjoy easy access to sporting fields, gyms, East Shores, shops, and restaurants, making this a highly desirable rental position.
Investment Highlights:
- Block of 6 units on one title
- Total of 12 bedrooms, 6 bathrooms, 6 car spaces
- Each unit: 2 bed, 1 bath, 1 lock-up garage + storage
- Fully furnished throughout
- All units leased to a local company
- Rental income: $310 per unit/week going to $350 per week in April
- Rent increase due 30 April 2026
- No body corporate - simplified ownership
- Rates: approx. $3,047 per unit/year
- Prime central West Gladstone location
This is a set-and-forget investment offering strong returns, secure tenancy, and long-term growth potential in a high-demand rental market.
Offers over $1,600,000 considered
Contact Julia on 0427 720 780 for more information
