SOLD
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Sold on 14 Jul 2024 for $615,000

98 Glenlyon Street
Gladstone Central QLD 4680

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 751m2
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Property Details for 98 Glenlyon St, Gladstone Central

98 Glenlyon St, Gladstone Central is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 751m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Gladstone Central in the last 12 months.

Building Type
House
Land Size
751m2
Local Government
Gladstone Regional
Lot/Plan
1/RP607894

Last Listing description (July 2024)

Act fast to seize this rare opportunity to transform two classic homes located in the heart of Gladstone Central. These properties at 98 and 98A Glenlyon Street, Gladstone Central are offered on an as-is, where-is basis and promise significant potential for renovation, development, or land banking.

Property Overview -

98 Glenlyon Street, Gladstone Central

Details: 3 Bedrooms, 1 Bathroom, 1 Car

Features:

- Flexible 3-bedroom layout.

- Bathroom with shower over bath, toilet, and vanity.

- Potential for original timber floors beneath coverings.

- Vinyl flooring in kitchen and dining areas.

- Functional kitchen awaiting your modern touch.

- High ceilings enhancing renovation possibilities.

- Expansive 751m² lot, ideal for extensions, outdoor living, or possible subdivision (subject to council approval).

- No easements on the block.

- Fully fenced with side gate access.

- Annual rates approximately $3,500*.

- Building & Pest displays 10 minor defects.

98A Glenlyon Street, Gladstone Central

Details: 2 ½ Bedrooms, 1 Bathrooms, 1 Car

Features:

- Front balcony with established gardens. (Don't be fooled, this balcony will need to be ripped down completely)

- 2 bedrooms and a sleep-out.

- Bathroom with shower over bath and vanity.

- Timber floors throughout.

- Vinyl flooring in kitchen and dining areas.

- The toilet is located in the outdoor undercover entertainment area.

- Shed suitable for a boat or single car.

- Fully fenced with side gate access.

- Annual rates approximately $3,500*

- 751m2 block size.

- Significant issues with the B&P for this property.

Key Highlights for 98 & 98 A Glenlyon Street, Gladstone Central:

- Combined allotment of 1,502m².

- Prime location in Gladstone CBD. Close proximity to local amenities, sporting grounds, eateries, schools, and health centers.

- Significant development and investment potential.

- Opportunity to achieve great rental yields with Gladstone's vacancy rates below 1% for the right person willing to do the work.

- Building and Pest inspections provided.

- Separately titled - allowing for better resale and rental yield potential.

- No easements!!

These properties offer a unique opportunity for the right buyers to add significant value through renovation, redevelopment, or investment. The prime location and potential of these properties make this a rare find in Gladstone Central. Interested parties must act NOW to take advantage of this as-is, where-is sale.

Unleash your renovation dreams or land banking potential today!

Inspection by private appointment only. Contact Emma Matheson at 0401 171 001 to secure your viewing.

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Property History for 98 Glenlyon St, Gladstone Central, QLD 4680

A timeline of how this property has performed in the market
Last Sold
$615,000
14 Jul 2024
  • 26 Aug 2024
    Listed for Rent $530 / week
  • 24 Jun 2024
    Sold for $275,000
  • 07 May 2024
    Listed for Sale $275,000
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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 2,263 properties. Over the last 5 years, Houses in Gladstone Central have seen a 89.76% increase in median value, while Units have seen a 115.01% increase. As at 30 September 2024:

  • The median value for Houses in Gladstone Central is $367,148 while the median value for Units is $293,887.
  • Houses have a median rent of $410 while Units have a median rent of $400.
There are currently 59 properties listed for sale, and 61 properties listed for rent in Gladstone central on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Gladstone central.

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Emma Matheson
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