SOLD
RECENT ADVICE
Sold on 28 Nov 2023 for $167,500

7/29 Off Street
Gladstone Central QLD 4680

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
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Property Details for 7/29 Off St, Gladstone Central

7/29 Off St, Gladstone Central is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Gladstone Central in the last 12 months.

Building Type
Unit
Floor Size
70m2
Local Government
Gladstone Regional
Lot/Plan
7/SP215302

Last Listing description (November 2023)

Immaculately maintained, the unit itself exudes a sense of care and attention. With its well-preserved condition, it becomes an ideal choice for both investors and those embracing a downsized lifestyle.

Presently occupied under a lease agreement at $250 per week, the unit boasts a rental yield of 5.5% - Making it an alluring prospect for astute investors. For those prioritizing residency, this offering extends its appeal beyond the monetary, catering to individuals who value location and comfort foremost.

The unit's layout, while compact, showcases thoughtful functionality. This makes it especially well-suited for those entering the property market or seeking a more manageable living space.

Should the allure of a conveniently situated and maintained 2-bedroom unit in Gladstone Central resonate with you, seize the opportunity without delay.

Highlighted Features:

- Air-conditioning & fans throughout

- Two bedrooms comprised with fans, built in wardrobes & air conditioning

- Prominent CBD location, in proximity to retail, dining, and public transport

- Gross rental yield of 5.5%

- Secure and maintained complex

- Existing lease at $250 per week

- Rates Approx $3300 annually

- Body Corporate Approximately $3700 annually

Reach out to Emma Matheson today to delve deeper into the offerings and investment opportunity of this property.

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Property History for 7/29 Off St, Gladstone Central, QLD 4680

A timeline of how this property has performed in the market
Last Sold
$167,500
28 Nov 2023
Listed for Rent
$250/w
20 Dec 2022
  • 06 Nov 2023
    Sold for $167,500
  • 05 Sep 2023
    Listed for Sale Not Disclosed
  • 09 Nov 2022
    Listed for Rent - Price not available
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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 2,278 properties. Over the last 5 years, Houses in Gladstone Central have seen a 76.20% increase in median value, while Units have seen a 94.92% increase. As at 31 July 2024:

  • The median value for Houses in Gladstone Central is $346,027 while the median value for Units is $286,145.
  • Houses have a median rent of $420 while Units have a median rent of $390.
There are currently 47 properties listed for sale, and 72 properties listed for rent in Gladstone central on OnTheHouse. According to CoreLogic's data, 183 properties were sold in the past 12 months in Gladstone central.

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