2/69 Off Lane, South Gladstone is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 134m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in South Gladstone in the last 12 months.
This semi-detached duplex is in South Gladstone, within walking distance to Gladstone CBD and Barney Point Beach, this lowset brick property is going to tick a lot of boxes for a savvy investor looking to increase their investment portfolio.
Property Features-
-Two Spacious bedrooms, the main bedroom includes a very spacious walk-in robe and en-suite. The second bedroom has air conditioning, ceiling fan and built-in robes.
- Tiled Open Plan living, dining area with air conditioning and ceiling fan.
- Accommodating kitchen with L shaped bench, dual sink, overhead cupboards, big corner pantry space and is fitted with a dishwasher, electric cooktop, and oven.
- The main bathroom has an individual shower, bath, and vanity with a separate toilet.
- Separate laundry with enough room for storage.
- Very low maintenance yard.
Within 3Kms of the East shores precinct and 5km of the Stocklands Shopping Centre. This is a great opportunity for an investor to get into the busy Gladstone Market.
*Currently rented at $260.00 per week until April 2024.
*Rental Appraisal is approximately $340-$360 per week.
*Body Corporate Fees are approximately $1,000 per quarter.
Call marketing agent Jay Murray-Lowe for further information!
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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