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  • 1-3/261 Auckland Street, SOUTH GLADSTONE, QLD 4680

1-3/261 Auckland Street, South Gladstone, QLD 4680

  • 9 Bed
  • 6 Bath
  • 5garages

Sold

Sold for $1,015,000 (Jun 06, 2024)

Excellent TRI-PLEX Investment Opportunity - Act Now!

Raine & Horne Gladstone are delighted to introduce 1-3/261 Auckland Street to the current property market and can assure any astute investor that this Triplex is one of the best multi-unit options in the property market at present and will be a "hot property" just before the end of the financial year... so act quickly or you will miss out! All the Townhouses are currently rented and provide a return of $1420 per week or $73,840p.a., which gives you a Gross Yield of 6.7%. The Complex is quite modern in design and was built in 2012, so there is very little to do other than to just sit back and watch the property grow in value over the next couple of Boom Years for Gladstone. Features of the complex include
- 3 x 3 Bedroom Townhouses with a modern and functional design, plenty of bench-space in the kitchens with stone bench tops, 2-Pak cabinetry and modern appliances, open plan living in each property with a private courtyard accessible from this area and a covered outdoor entertainment area and courtyard, downstairs toilet and single lock-up garage. The rear Townhouse has a different floorplan to the front 2 Townhouses and has a larger courtyard at the rear. This Triplex is certainly one of the best in the Gladstone area, so don't delay and act NOW..! For more information on these units, please feel free to contact the Listing Agent Steven James on 0439 111 197 to arrange your private inspection. Council Rates are approximately $3,500p.a. for each Townhouse. There is no active Body Corporate or Fees.

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avatar Steven James
Steven James
Sales Consultant

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Property Info:
  • Property ID: L27875507
  • Property Type:Block of Units
  • Garages:3
  • Open Parking:2
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David Lynch

Mortgage Broker

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We Know Your Area
R&H Suburb Profile: South Gladstone
R&H Suburb SummaryHouses
Number of sales117
Average Price$368,187
Median Price$325,000
Median Rental Price$415 p.w.
Change in Rental Rate (5yr)75 %
R&H Suburb SummaryUnits
Number of sales71
Average Price$227,506
Median Price$189,000
Median Rental Price$310 p.w.
Change in Rental Rate (5yr)107 %
Median Trend - $325,000
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