Fully Furnished block of 5 units in CBD.

1 - 5/70 Glenlyon Street, Gladstone Central, 4680

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650,000 AUDEst. Mortgage: AUD 4,567/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 750 sqft
  • Bedrooms 10
  • Bathrooms 5
  • Furnished Yes
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Courtyard
  • Carport: 5
  • Air Conditioning
  • Built-in Wardrobes

Property Overview

TO ENQUIRE ON THIS PROPERTY, PLEASE CLICK ON THE "Get In Touch" BUTTON, OR THE "Email Agent" BUTTON OR "Contact agent" BUTTON.

Positive Geared Property all expenses paid by incoming rent. An exceptional opportunity for investors to own a boutique block of apartments with solid return!

As well, the property has potential for redevelopment (STCA) as is situated in CBD Mixed Use Multi Story zoning (which allows up to 6 levels). Is on 750 m2 allotment with two streets access.

This complex offers five well presented two bedroom units within the Gladstone CBD.
- Each unit has 2 bedrooms with ceiling fans and building wardrobes, living/dining with A/C, kitchen, bathroom, laundry and big balcony with views.
- They are Fully Furnished. Furniture and White Goods are included in the sale.
- All apartments are occupied by long term tenants with current leases in place.
- The current owner has maintained the properties to a high standard.

- The block has NO Body Corporate fees and No Strata fees to pay, as you are the owner of the whole complex and you are the boss.

- Common areas have solar lights then you have no electricity bill to pay.

If you wish you can Strata Title (STCA) the block and sale individual units separately.

The complex is located within a short walk to shops, banks, schools, parks, swimming pool, marina, restaurants, cafes, pubs and Gladstone Yacht Club

Whether you are purchasing an income producing investment, looking for a business opportunity or holding for potential re-development in the future (STCA), this is perfect property for you.

Don't Miss This Rare Investment Opportunity!

For your inspection by appointment - allow 72 hours for us to give tenants appropriate written notice.

The information provided is for use as an estimate only and potential purchasers should make their own inquiries to satisfy themselves of any matters.

TO ENQUIRE ON THIS PROPERTY, PLEASE CLICK ON THE "Get In Touch" BUTTON, OR THE "Email Agent" BUTTON OR "Contact agent" BUTTON.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein.

Location on Google Map

1 - 5/70 Glenlyon Street, Gladstone Central, 4680

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