FOR SALE
Buyers Guide $1,300,000 - $1,400,000

8 Kinchela Street
Gladstone NSW 2440

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 744m2
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An Iconic Treasure & Investor's Dream - Breathtaking River & Sunset Views

Nestled in the heart of historic Gladstone boasting spectacular views including magnificent sunsets across the Macleay River, this iconic building is highly unique in both character and financial opportunity.
Meticulously maintained with recent renovations throughout, charming features abound such as restored hardwood timber floors, lancet-style arch windows, elegant white wood panelling, and soaring 3.9m ceilings throughout. As the sun dips below the horizon, the vibrant hues of sunset skies set the tone for the evening at beloved Lloydies on the River, discreetly positioned at the rear of the property.
With commercial zoning attached, this rich in history property currently generates two streams of income from its expansive ground level domain and also offers a fully renovated upper-level two bedroom apartment that boasts a brand-new kitchen and timber deck verandah. This spacious, bright and airy quarters is a vantage point for stunning sunsets and panoramic vistas across the Macleay Valley, the perfect place to reside or alternatively a third income source.
An investors dream with a diverse income stream, currently housing a pilates and osteopathy clinic and the well known Lloydies restaurant also on site that together yield $1,250 per week, There is potential for an additional rental income of approximately $480-$500 per week from the upstairs apartment, making this a no brainer for investors.
Extras include split system air conditioning, a double carport, restroom facilities, beautifully landscaped gardens, and secure storage areas.
If you haven't yet explored Gladstone, now is the time! This enchanting village is steeped in history and brimming with art galleries, boutique shops, and delightful cafes, making it the cultural hub of the Macleay Valley Coast.
Whether you're looking to invest or combine lifestyle and income, this exquisite property presents limitless possibilities.
For further details, please contact Nathan Wilson on 0418 766 977.
Property Descriptions:
- Historic building with commercial zoning providing dual income
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Property Details for 8 Kinchela St, Gladstone

8 Kinchela St, Gladstone is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 744m2. The place is currently for sale with Elders Real Estate Crescent Head.

Building Type
House
Land Size
744m2

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About Gladstone 2440

The size of Gladstone is approximately 6.6 square kilometres. It has 1 park covering nearly 3.8% of total area. The population of Gladstone in 2011 was 387 people. By 2016 the population was 366 showing a population decline of 5.4% in the area during that time. The predominant age group in Gladstone is 50-59 years. Households in Gladstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gladstone work in a trades occupation. In 2011, 80.4% of the homes in Gladstone were owner-occupied compared with 85.8% in 2016.

Gladstone has 226 properties. Over the last 5 years, Houses in Gladstone have seen a 57.40% increase in median value. As at 30 November 2024:

  • The median value for Houses in Gladstone is $511,915 while the median value for Units is $481,529.
There are currently 2 properties listed for sale, and no properties listed for rent in Gladstone on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Gladstone.

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Nathan Wilson
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Elders Real Estate Crescent Head
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