FOR SALE
Seeking around $1,180,000 to $1,225,000

96 Philip Street
Sun Valley QLD 4680

Bedrooms: 11
Bathrooms: 5
Car spaces: 5
Land area: 1229m2
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Exceptional Cashflow Opportunity in Sun Valley!

Discover a prime investment gem at 1 to 5/96 Philip Street, Sun Valley, Queensland-an exclusive block of 5 units poised for impressive cash flow and growth! Spanning a generous 1,229 square metres, this property boasts 11 bedrooms and 5 modern bathrooms, making it an investor's paradise.
Why Invest Here? Located in the bustling heart of Gladstone, this unique ensemble features 4 two-bedroom units and a spacious three-bedroom unit, all within walking distance of shops, schools, and the prestigious Gladstone Golf Club. With the construction market booming, the value of replicating this property is soaring. Acquiring these 5 units under one title eliminates excessive body corporate fees, simplifying your management and boosting your bottom line.
Outstanding Returns! Investors can look forward to solid capital gains fueled by a blue-chip location and thriving market conditions. Current rental income stands at approximately $1,545 per week, translating to a fantastic 6.7% gross rental return! Potential market rent will be approx $1,650 to $1,700 per week from June 2025
Recent Upgrades:
- New roofs on Units 1-4.
- Light renovations in Units 1 & 2.
Don't Miss Out! This strategically located investment not only promises immediate cash flow but also long-term appreciation. Take action now and unlock the potential of this income-generating asset in a rising market!
Rent Overview:
UNIT 1 - Currently Tenanted. Lease End 03.10.2025 @ $280 per week / from 09.02.2025 @ $320 per week. Last known Rental Increase 09.02.2024 @ $280 per week - PICTURED
UNIT 2 - Currently Tenanted. Lease End 03.05.2025 @ $300 per week. Last known Rental Increase 26.04.2024 @ $300 per week - PICTURED
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Property Details for 96 Philip St, Sun Valley

96 Philip St, Sun Valley is a 11 bedroom, 5 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 1229m2. The place is currently for sale with Elders Real Estate Gladstone and Tannum Sands.

Building Type
BlockOfUnits
Land Size
1229m2

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Bevan Rose
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Aimee Jeffery
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Elders Real Estate Gladstone and Tannum Sands
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.