1,2,3/18 Geraldine Street, West Gladstone QLD 4680

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: $46,280 per annum
• Projected Rent: $55,000 – $58,000 p.a. with minor improvements
• 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.