3/20 Geraldine St, West Gladstone is a 7 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1972. The property has a land size of 837m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Raine & Horne Gladstone is delighted to be appointed Marketing Agent for this property that presents the perfect opportunity for an investor to secure the whole unit complex without the costs associated with Body Corporate fees as the well maintained (4) units are listed on ONE title.
The central West Gladstone location is within approx. 3klms radius of the Hospital, Night Owl Shopping complex, East Shores & Marina parklands, CQ University campus, West Primary & State High Schools, & inner-City facilities.
Low maintenance is the key with this property. The sturdy lowset besser block constructed residences are positioned on an approx. 837m2 allotment with limited yard maintenance required. The configuration down the allotment is 3 x 2-bedrooms/ 1 x 1-bedroom/communal laundry/ and 4 carports under one roof. Living areas are open plan designed, all bedrooms are of good size, and easy-care floor tiles feature throughout each unit.
The keynote features of this property are:
(4) Units on ONE Title - no Body Corporate Fees
Low maintenance & well maintained besser block construction
Positioned on 837m2 allotment requiring minimal maintenance
Open plan living areas & good-sized bedrooms
Within approx. 3klms radius of Hospital, Shopping, Schools, Marina parklands, Aquatic Centre
Information Memorandum available
After close to (2) decades of ownership, this property has become surplus to the Owners' requirements..... If you are seeking an investment to either kick start/or add to your existing portfolio, then consider this (4) unit complex..worth investigating, worth owning!
The size of West Gladstone is approximately 7.1 square kilometres. It has 16 parks covering nearly 14.1% of total area. The population of West Gladstone in 2011 was 5,200 people. By 2016 the population was 4,730 showing a population decline of 9.0% in the area during that time. The predominant age group in West Gladstone is 50-59 years. Households in West Gladstone are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Gladstone work in a trades occupation. In 2011, 59.1% of the homes in West Gladstone were owner-occupied compared with 55.4% in 2016.
West Gladstone has 2,823 properties. Over the last 5 years, Houses in West Gladstone have seen a 117.96% increase in median value, while Units have seen a 126.15% increase. As at 31 October 2024:
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