3/37 French St, South Gladstone is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Set in a popular complex on the city fringe, 3/37 French Street is an exceptional investment or first home option. Currently tenanted until 05/04/2024 and returning $250 per week, the gross yield is just shy of 7% - an excellent return for a long-term investor, or a great initial supplement to the mortgage until you wish to move in.
The layout of the unit is spacious and comfortable, with living, dining, and kitchen in an open-plan design on the lower level, and with 2 well-sized bedrooms and family bathroom on the upper storey. A tiled courtyard provides ample outdoor space, and when it gets too hot the home is air conditioned in the main living area and master bedroom.
Do not delay in enquiring as quality property at this price point is few and far between. Secure your investment or next home today by contacting The Williams Team on 0467 044 974.
- Neat, Tidy, Highset Townhouse
- Currently Tenanted at $250/Week until 05/04/24, Great Return
- Updated Kitchen & Bathroom
- Air Conditioned Living and Main Bedroom
- Tiled Courtyard Entertaining Space
- City Fringe Position; Close to Schools, Shopping, Transport etc.
*Please note that file photos have been used to respect the privacy of the tenant. While they are representative of the subject property, some details may have changed since these were taken.
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:
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