7/39-41 O'Connell StreetBarney Point QLD 4680
Property Details for 7/39-41 O'Connell St, Barney Point
7/39-41 O'Connell St, Barney Point is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 406m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 6 bedroom Unit sold in Barney Point in the last 12 months.
Last Listing description (September 2024)
Seeking a smart addition to your portfolio? Stop looking, this is a fantastic opportunity to purchase the ultimate triplex unit block at 39-41 O'Connell Street. All three units are already rented out with great returns. This is your opportunity to secure a slice of Gladstone.
Situated in Barney Point, across from the Yaralla Sports Club. The location of the units is convenient and well positioned. Within 6 minutes of the hustling Gladstone CBD and Eastshores Precinct.
These low maintenance units comprise 2 bedrooms, 1-bathroom, tiled living areas and carpeted bedroom, the units are also fully air conditioned with both bedrooms and living spaces serviced by split system ac. Exterior of the units feature private courtyards, individual carports, private grassed area at the back of the property and high fencing giving privacy to all tenants.
Each unit is identical to the layout of the adjoining unit.
With the rental markets potential for further growth and higher returns, it is a great time to look at buying and get into the expanding Gladstone Market.
Gladstone is starting flourish and the communities continue to grow. With the approval for many industrial projects, we will continue to see people flock to the region. Don't just invest in this Triplex but invest in Gladstone as a whole!
Contact Jay Murray-Lowe to book your private inspection!
Unit 5- Rented at $300 per week- Lease starting from the 22/03/2024 until the 21/08/2024.
Unit 6 Rented at $300 per week- Lease starting from the 28/06/2024 until 27/06/2025.
Unit 7 Rented at $300 per week- Lease starting from the 10/06/2024 until 7/01/2025.
Body Corporate Approx. $2,895.00 Per Quarter
Property History for 7/39-41 O'Connell St, Barney Point, QLD 4680
- 04 Sep 2024Sold for $610,000
- 11 Jul 2024Listed for Sale Offers over $599,000
- 22 Nov 2023Listed for Rent $300 / week
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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.
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