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.