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  • 2 Walters Avenue, WEST GLADSTONE, QLD 4680

2 Walters Avenue, West Gladstone, QLD 4680

  • 8 Bed
  • 4 Bath
  • 4garages

Sold

Sold for $780,000 (Jul 24, 2023)

Excellent Opportunity - Act Now!

This fully renovated block of four 2-bedroom units 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 units are rented and provide a return of $1095 per week, which gives you a Gross Yield of 7.16%. All 4 Units have been renovated in the last few years, 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
- four new kitchens have stainless appliances, ample cupboard space and are of a functional design. The two bottom units have a modern laminex timber look finish and the top two are a two-pac white finish which is to compliment the polished hardwood floors on that level. The two bottom units have tiled flooring throughout and all units have a combination shower/bath facility and new custom-made vanities which also house the washing machine. The toilet facilities completes the bathroom area. Both bedrooms have new fans, lights, screens and built-in cupboards with both of an excellent size and easily accommodating of most, if not all bedroom suites. All doors and windows have been security screened and as an added bonus there are large lockable courtyards for both the lower units and balconies for the upper level units. Each unit has its own car parking facility and access is either by the front/main entry way which offers access to the bottom two units and a timber stairwell to the upstairs units. Rear access for all units is also available. 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 $8137p.a.

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avatar Steven James
Steven James
Sales Consultant

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Property Info:
  • Property ID: L20919297
  • Property Type:Block of Units
  • Carports:4
  • Land Area:693 sqm
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Provided By
R&H
We Know Your Area
R&H Suburb Profile: West Gladstone
R&H Suburb SummaryHouses
Number of sales159
Average Price$372,923
Median Price$350,000
Median Rental Price$410 p.w.
Change in Rental Rate (5yr)86 %
R&H Suburb SummaryUnits
Number of sales65
Average Price$242,385
Median Price$239,000
Median Rental Price$320 p.w.
Change in Rental Rate (5yr)100 %
Median Trend - $350,000
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