OFF MARKET

5 Larsen Street
West Gladstone QLD 4680

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 708m2
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Last updated 11 Nov 2024
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Property Details for 5 Larsen St, West Gladstone

5 Larsen St, West Gladstone is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 708m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1975
Floor Size
140m2
Land Size
708m2
Local Government
Gladstone Regional
Lot/Plan
3/G14153

Last Listing description (December 2023)

Introducing: The Duplex Advantage

Experience the best of both worlds with our remarkable duplex property! Boasting a spacious 708m block, this unique gem offers endless possibilities for savvy homeowners and investors alike.

Key Features:

SOLD AS ONE BUT DOUBLE THE INCOME
Live in one and rent the other, rent out both or create a dual living arrangement - the choice is yours.

NO Body Corporate Fees
Enjoy the freedom of no shared expenses for maintenance or amenities, giving you complete control of your investment.

ONE Title
Simplify ownership with a single title deed, streamlining legal matters for your peace of mind.

ONE Lot of Rates
Experience the convenience of paying property taxes and rates for the entire property, not separately for each unit.

SEPARATE Utilities
Each unit comes with its own utilities, ensuring privacy and financial independence for each living space.

SEPARATE Generous Yard Space
Each unit comes with its own large, private and fully fenced back yard with a generous sized undercover BBQ/ Entertainment area.

Unlock the potential of this duplex property and seize the opportunity for enhanced income and lifestyle. Whether you're a homeowner looking for extra revenue or an astute investor, this property is your gateway to a world of possibilities.

Contact us today to schedule a viewing and embark on your journey towards a brighter future with our exceptional duplex property!

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Property History for 5 Larsen St, West Gladstone, QLD 4680

A timeline of how this property has performed in the market
Last Sold
$390,000
21 Nov 2023
  • 21 Nov 2023
    Sold for $390,000
  • 20 Oct 2023
    Listed for Sale $410,000
  • 25 Oct 2004
    Sold for $140,000
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About West Gladstone 4680

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 2,831 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:

  • The median value for Houses in West Gladstone is $413,926 while the median value for Units is $263,039.
  • Houses have a median rent of $420 while Units have a median rent of $320.
There are currently 49 properties listed for sale, and 9 properties listed for rent in West gladstone on OnTheHouse. According to CoreLogic's data, 226 properties were sold in the past 12 months in West gladstone.

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