10/1 French St, South Gladstone is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 179m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in South Gladstone in the last 12 months.
This townhome offers the spaciousness of a three bedroom house with none of the usual external upkeep. Investors will be comforted to have a current tenancy lease through to May 2024 or vacant possession may be arranged. Let's walk through the property for a closer look at what's on offer here:
PROPERTY'S PROUD FEATURES
Set back from the road to reduce traffic noise
INTERNAL INVENTORY
Tiled, air conditioned open plan living/dining/kitchen downstairs
Great kitchen with plenty of storage, corner pantry and dishwasher
Third powder room downstairs plus laundry with courtyard access
Three good sized bedrooms upstairs, all with built-ins and fans
Master bedroom has a large ensuite bathroom and air conditioning
Huge main bathroom includes shower over bath, vanity unit, separate toilet and large storage/linen
EXTERNAL ATTRIBUTES
Property is fully protected with security screens and doors
Clothes line is located in the fenced courtyard providing privacy to the home
Utilise one of the garages as an additional living space or play room for the kids
The inground pool is situated at the rear of the complex for increased summer fun without the maintenance
WHAT'S GREAT ABOUT THE AREA?
South Gladstone is close to the CBD with great pubs, taverns and eateries
Gladstone Hospital and the airport only minutes away
Focal point East Shores precinct has extensive family attractions
Gladstone Marina, Yacht Club and Barney Point beaches are also within easy reach
WHO IS THE IDEAL BUYER?
Home buyers wanting an affordable option to a house and more room than most units
FIFO workers and retirees wanting a secure property while they are away
Investors assured of solid returns and capital growth potential
We invite you to attend an upcoming Open Home to gauge if this property is right for you or call Jay for more information.
Disclaimer: Floor plan is indicative of house layout and not necessarily accurate or to scale
The size of South Gladstone is approximately 3.2 square kilometres. It has 5 parks covering nearly 9.4% of total area. The population of South Gladstone in 2011 was 3,626 people. By 2016 the population was 3,304 showing a population decline of 8.9% in the area during that time. The predominant age group in South Gladstone is 20-29 years. Households in South Gladstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Gladstone work in a trades occupation. In 2011, 50.4% of the homes in South Gladstone were owner-occupied compared with 48% in 2016.
South Gladstone has 2,171 properties. Over the last 5 years, Houses in South Gladstone have seen a 100.80% increase in median value, while Units have seen a 120.15% increase. As at 31 October 2024:
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