OFF MARKET

19 Off Street
Gladstone Central QLD 4680

Bedrooms: 8
Bathrooms: 5
Car spaces: -
Floor area: 71m2
Land area: 1012m2
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Last updated 29 Jul 2024
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Property Details for 19 Off St, Gladstone Central

19 Off St, Gladstone Central is a 8 bedroom, 5 bathroom House and was built in 1880. The property has a land size of 1012m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1880
Floor Size
71m2
Land Size
1012m2
Local Government
Gladstone Regional
Lot/Plan
2/RP606352

Last Listing description (July 2023)

If you have been looking for a Multi-Unit Complex in Gladstone, then this 5 Pack of Units in Off Street may well be the Complex you have been waiting for. Consisting of 3 x 2 Bedrooms Units and 2 x 1 Bedroom Units this is a rare find in the CBD and will be popular given all the hype Gladstone is getting and the industrial avalanche of projects on the horizon.

The Complex is always fully tenanted and the Lease arrangements are as follows :-

Unit 1 - Tenant since 2019 - current lease $255 per week Renewal Due July 2023

Unit 2 - New Rent Connect Tenant since - Oct 2021 - current lease $210 per week Renewal Due May 2023
Unit 3 - Tenant since Sept 2018 - current lease $255 per week Renewal Due June 2023
Unit 4- Tenant since 2005 - current lease $235 per week Renewal Due June 2023
Unit 5 - Tenant since 2007 - current lease $235 per week Renewal Due June 2023

Based on these rental figures you are looking at an Annual Income of $61,880p.a. with a Gross Yield of 10.33% and the Council Rates are approximately $11,000p.a.

The Insurance Premium for the Complex being $4,613p.a.

This is the ideal opportunity to secure a Unit Complex in the Gladstone CBD, so contact the Marketing Agent - Steven James on 0439 111 197 for further information.

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Property History for 19 Off St, Gladstone Central, QLD 4680

A timeline of how this property has performed in the market
Last Sold
$588,000
15 May 2023
Listed for Rent
$105/w
06 Dec 2017
  • 15 May 2023
    Sold for $588,000
  • 11 May 2022
    Listed for Sale SOLD - $588,000
  • 30 Aug 2018
    Listed for Rent $115 / week
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About Gladstone Central 4680

The size of Gladstone Central is approximately 3.1 square kilometres. It has 13 parks covering nearly 13.8% of total area. The population of Gladstone Central in 2011 was 1,530 people. By 2016 the population was 1,552 showing a population growth of 1.4% in the area during that time. The predominant age group in Gladstone Central is 20-29 years. Households in Gladstone Central are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gladstone Central work in a professional occupation. In 2011, 36.5% of the homes in Gladstone Central were owner-occupied compared with 25.7% in 2016.

Gladstone Central has 2,270 properties.

    There are currently 53 properties listed for sale, and 83 properties listed for rent in Gladstone central on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Gladstone central.

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