1, 2, 3/36a Kent Street West Gladstone, QLD 4680

The owner's instructions are clear… MUST SELL! Your hesitation will result in disappointment… This unique triplex has hit the market and is sure to pique the interest of the savvy buyer looking to add value and unlock its full potential.

YES. A little rough around the edges. Work needed to restore the full potential of the complex. Completion of the upstairs dismantled bathroom is a MUST. A prime opportunity for the handy investor or tradie. Live in the upstairs unit and gain rent from the downstairs units! Win... Win...!

Jump into the Gladstone property market before you are priced out… As the Gladstone market presents absolute value for investors, you do not want to miss this one. NOW is the time to invest. The only way is up. This privately located complex is within walking distance to the Base Hospital and the Night Owl Shopping Centre.

Each of the three units offer separate entrances and allocated undercover parking, plus visitor's parking. Each unit has its own private courtyard and clothesline area. Individual electricity meters in place.

Unit #1: Upstairs: Three bedroom unit
• Large light filled polished timber and tiled living area
• Combined kitchen/dining with ample storage and bench space
• Front sun room
• Three built-in bedrooms with ceiling fans
• Bathroom and separate toilet - renovation needed
• Internal laundry
• Rear private tiled deck overlooking backyard
• Fenced - large garden shed
• Furniture to be removed at settlement

Unit #2: Downstairs: Two bedroom unit
• Modern kitchen
• Combined tiled living and dining area
• Two large tiled built-in bedrooms
• Laundry facilities with access to courtyard
• Shower and toilet facilities

Unit #3: Downstairs: One bedroom unit
• Combined tiled living and dining area
• Kitchen with ample storage; electric oven and cooktop
• Large built-in bedroom with
• Laundry facilities with access to courtyard
• Bathroom facilities: shower, toilet, and vanity with storage

Important Information:

• Rates - $8,800/year (approx.)
• Body Corporate - NIL (one title)
• Rent: Unit #2 - $380/week - May 2027; Unit #3 - $320/week - January 2027
• Anticipated Rent - Unit #1 - $370/week (approx.) - upon completion of work
• Anticipated Rent for complex - $1,040/week (approx) - WOW!!!
• Separately powered
• One water meter

Auction Terms:

• $10,000 at the fall of the hammer
• Balance of 10% of the purchase price due within 2 business days
• 30 Day settlement

A once is a lifetime opportunity to secure this ideal investment property. Potential to add value!

Make no mistake. The owner's instructions are clear. MUST SELL!