21 French Street SSouth Gladstone QLD 4680
Property Details for 21 French St S, South Gladstone
21 French St S, South Gladstone is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1990. The property has a land size of 751m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 6 bedroom Unit sold in South Gladstone in the last 12 months.
Last Listing description (November 2023)
Calling all savvy investors seeking a smart addition to your portfolio! Discover the ultimate investment trifecta with this triplex unit block at 21 French Street. Designed for low-maintenance ownership and living with impressive returns, this is a great opportunity to secure a great investment opportunity in the current market.
Low Maintenance, High Reward: Each unit comprises 2 bedrooms, 1 bathroom, tiled living areas and carpeted bedroom, the units are also fully air conditioned with both bedrooms and living spaces serviced by split system ac. Exterior of the units feature private courtyards, both at the front and the rear, with 6 foot high fencing giving privacy to all tenants.
At a gross rental return of 7%, your financial growth is promising, and with the current rental market's potential for even higher returns, you're looking at a golden opportunity to secure your future.
Every Convenience at Your Doorstep: Location is key, and we've got you covered. Just a short 3-minute drive to FoodWorks for essentials and a quick 6-minute drive to the bustling Gladstone CBD, everything you need is within reach. Convenience and comfort is at the doorstep
Gladstone's vibrant community and economic prospects make it an ideal investment hub. As the city continues to flourish, so does your investment's potential. Don't just invest in property; invest in the thriving future of Gladstone.
With the demand for low-maintenance rentals on the rise, this property makes for the perfect investment opportunity. contact Ben Crick on 0487 123 288 to explore this triplex further.
Lease details;
Unit 1: LED 17/01/2024 $300pw
Unit 2: LED 15/02/2024 $280pw
Unit 3: LED 11/03/2024 $300pw
Property History for 21 French St S, South Gladstone, QLD 4680
- 03 Oct 2023Sold for $670,000
- 24 Aug 2023Listed for Sale SOLD - $670,000
- 04 Aug 2020Listed for Rent - Price not available
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0About South Gladstone 4680
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 2,179 properties. Over the last 5 years, Houses in South Gladstone have seen a 78.73% increase in median value, while Units have seen a 106.75% increase. As at 31 July 2024:
- The median value for Houses in South Gladstone is $381,531 while the median value for Units is $228,159.
- Houses have a median rent of $412 while Units have a median rent of $315.
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