OFF MARKET

1/1A Friend Street
Barney Point QLD 4680

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 197m2
Land area: 1098m2
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Property Details for 1/1a Friend St, Barney Point

1/1a Friend St, Barney Point is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 1098m2 and floor size of 197m2.

Building Type
Unit
Year Built
1970
Floor Size
197m2
Land Size
1098m2
Local Government
Gladstone Regional

Last Listing description (March 2023)

Family circumstances force the sale of arguably Gladstone's best piece of Real Estate.
To be offered to the market for the first time in 46 years it is with much excitement we Introduce to you 1 Friend Street.

Sitting on 2289m2 of absolute Harbour frontage, and the most fabulous uninterrupted views as far as the eye can see, the opportunities are endless.

Renovate, Detonate or Develop

The property boasts a main Dwelling with 4 Bedrooms and 2 bathrooms, solid hardwood floors throughout and a massive living area with views on all angles looking out to our fabulous harbour and Islands. There is also an in-ground Pool that takes in the sea breezes with uninterrupted views as well. Although it is no secret that work is needed to get this fine old lady back to her former glory I think most people would agree what a beauty she is. If there was ever a property that screamed potential and position this amazing property would be it.

The second dwelling is a 2 x 2 bedroom duplex and although some money needs to be spent on them, with a lick of paint and new floor coverings there is potential for instant income to help with your holding costs. The view from the harbour facing windows is as perfect as a postcard and we are sure most people would be happy to live in one of these gorgeous old units that ooze so much Character.

This property hardly needs any introduction as she is such a Gladstone Icon, and we are very excited to see what the new owners will do with her.

Only a handful of freehold waterfront allotments exist in Gladstone, so don't miss this once in a generation opportunity to call Gladstone harbour home.

Owner is motivated and ready to listen to the market, make your inspection today

Three (3) lots on one (1) Title
Waterfront site with total area of 2,289m2*
Irreplaceable harbour views
Main four bedroom residence, plus 2 x 2 bedroom duplex
Separately metered for power
Minutes drive to the Gladstone CBD
Building and Pest report available on request

Property History for 1/1a Friend St, Barney Point, QLD 4680

A timeline of how this property has performed in the market
  • 20 Jan 2023
    Listed for Sale Auction

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About Barney Point 4680

The size of Barney Point is approximately 3.3 square kilometres. It has 6 parks covering nearly 6.5% of total area. The population of Barney Point in 2011 was 1,155 people. By 2016 the population was 1,102 showing a population decline of 4.6% in the area during that time. The predominant age group in Barney Point is 50-59 years. Households in Barney Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Barney Point work in a trades occupation. In 2011, 47.5% of the homes in Barney Point were owner-occupied compared with 47.8% in 2016.

Barney Point has 741 properties. Over the last 5 years, Houses in Barney Point have seen a 131.06% increase in median value, while Units have seen a 124.18% increase. As at 31 October 2024:

  • The median value for Houses in Barney Point is $375,629 while the median value for Units is $263,711.
  • Houses have a median rent of $405 while Units have a median rent of $360.
There are currently 21 properties listed for sale, and 9 properties listed for rent in Barney point on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Barney point.

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Disclaimer
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.