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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