4/61 Tank Street, West Gladstone QLD 4680

Attention investors! Presenting a sterling opportunity at 4/61 West Gladstone, QLD, 4680 – a spacious block of units promising a robust return on investment. This property comprises three individual units, each held under one title for simplified ownership.

Nestled in a prime location, each unit within this solid investment features two well-proportioned bedrooms, one expansive bathroom, and a dedicated carport. The units are thoughtfully designed with internal stairs that lead from the inviting living areas on the first level up to the private bedrooms on the second level. The convenience of an integrated kitchen, living space, and laundry area provides tenants with a practical and comfortable living experience.

The bedrooms are a highlight, offering personal balconies for a breath of fresh air and a moment of tranquility, a rare find that adds immense value to the living experience. These unique touches make the units highly attractive to prospective tenants, ensuring a consistent demand and excellent rental yields.

With six bedrooms and three bathrooms across the block, the scale of this property ensures a significant income stream for the savvy investor.

Tenancy Information:
4a –
- Current Lease Agreement Dates - 28/3/24 – 2/6/25
- Weekly Rent amount - $270
- Date of last increase 2/6/24
4b –
- Current Lease Agreement Dates – 1/11/24 – 30/4/25
- Weekly Rent amount - $280
- Date of last increase 13/8/24
4c-
- Current Lease Agreement Dates – 5/3/24 – 5/3/25
- Weekly Rent amount - $255
- Date of last increase 5/3/24

Rental Appraisals –
Each Unit - $330 - $350 per week
This potential creates a gross return of over 9%!

Important Information:
- Year Built – 1985
- Council Rates - $5,600 approx per annum
- Body Corporate Levies - $8,860 per annum

This is a unique chance to secure a multi-unit property in a thriving area. Capitalise on the growth of West Gladstone and expand your portfolio with this exceptional offering that is sure to be a cornerstone investment for years to come.

Contact Reanna Graham today to arrange a viewing, please note a minimum of 24 hours notice required.

* Past images have been used to protect tenants' privacy.
* Images have been edited to remove tenants' belongings to further protect their privacy.

**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**