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

Your hesitation will result in disappointment… This unique three unit complex has hit the market. The owner's instructions are clear… MUST SELL!

36a Kent Street presents the opportunity to add value to the three bedroom upstairs unit. Extensive bathroom work is needed. Ample potential for the handy investor or tradie. Live in the upstairs unit and gain rent from the downstairs units!

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:

• Settlement: 30 days from contract date
• Deposit: $10,000 at fall of the hammer with a build up of 10% within 2 business days

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

Contact the marketing agent for further information.