Recently renovated and refurbished, this property is located on the fringe of Gladstone's CBD district offering a projected 7.5% return. The seller wants it sold before EOFY so this is your opportunity to capitalise!
Offering two residential units on the top floor and two commercial spaces on the lower level, there is also an additional four bay carport and off street parking for added convenience.
Please refer to the floor plans attached for configuration details. Renovations have been completed in accordance with council approvals - plans and documentation available upon request.
Configuration guide:
- Unit 1 (residential) - 1 bedroom, 1 bathroom, open plan kitchen, dining and living area, separate laundry, 1 allocated car park, access via rear stairs, new whitegoods included, approx 65m2
NOW LEASED $380/WEEK 12 MONTHS COMMENCEMENT 15/01/2025
- Unit 2 (residential) - 3 bedrooms, 1 bathroom, open plan kitchen, dining and living, separate entrance and foyer via new stairs and patio to side of complex, exclusive use fenced grassed area facing Dudley St, 1 allocated car park, new whitegoods included, approx 91m2
NOW LEASED $490/WEEK 12 MONTHS COMMENCEMENT 24/01/2025
- Commercial Shop 1 - approx 61.3m2 - separate access front and rear, new wall rendering inside, fully repainted, one split system air conditioner and one allocated detached toilet plus powder room.
*NOW LEASED $25,000 per annum + GST
- Commercial shop 2 - approx 101.23m2 - separate access front and rear, painted floor, three split system air conditioners (one new), extra office space and cold room with garage door at rear, plus one allocated detached toilet with powder room.
RENTAL APPRAISAL $2500 per month + GST + outgoings
Rates excluding water approx $14,500 per annum (before discount)
No body corporate - one title.
Opportunity to strata if desired, pending council and relevant approvals.
Great AirBNB or long term tenancy potential.
Renovations include (but aren't limited to):
- new roof
- new and compliant meter box and electrical wiring
- plumbing upgraded inside and out including new downpipes and drainage
- new electronic appliances including dishwasher, stove, rangehood, washing machine / dryer and fridges included in both residential units
- fully repainted inside and out including external concrete and facade
- additional separate entry to the larger three bedroom residential unit
- new railings and garage door
- new split system air conditioning to commercial spaces
- new windows and screens throughout property
- all residential units new split system air conditioning and built in robes to bedrooms
- residential units completed renovated including flooring, kitchens, bathrooms and laundry
- dedicated toilet and wash basin for each commercial property
- rear commercial common area awning upgrade, including hot water system, common power and water supply
- new fencing on all boundaries
- new four bay carport
For more information and to arrange your inspection, please contact Alicia 0432 686 751.
**Please note the information in this advertisement comes from sources we believe to be accurate, but accuracy is not guaranteed. Interested parties should make and rely on their own independent enquiries and due diligence in relation to the property**
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