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Overview
1-6/1 Side Street, West Gladstone QLD 4680
This exceptional unit complex located at 1-6/1 Side Street, West Gladstone, offers a unique investment opportunity with a fully tenanted, income-producing asset in a prime central location. The property consists of six fully furnished units, each featuring two bedrooms, one bathroom, and a lock-up garage with additional storage space. This setup is ideal for investors seeking strong and consistent returns with minimal management complexity, as there is no body corporate involved.
All units are currently leased to a local company, ensuring stable tenancy and providing immediate income. A rental increase is scheduled for 30th April 2026, offering potential for increased returns. The location in the heart of West Gladstone provides tenants with convenient access to sporting fields, gyms, East Shores, shops, and restaurants, making it a highly desirable rental position.
Investment highlights include:
- A block of six units on a single title
- A total of 12 bedrooms, 6 bathrooms, and 6 car spaces
- Each unit comprises 2 bedrooms, 1 bathroom, and 1 lock-up garage with storage
- Fully furnished throughout for tenant convenience
- All units leased to a local company, ensuring secure tenancy
- Current rental income of $310 per unit per week, increasing to $350 per week in April 2026
- No body corporate fees, simplifying ownership and management
- Annual rates approximately $3,047 per unit
- Prime central location in West Gladstone with strong rental demand
This property represents a set-and-forget investment with strong returns, secure tenancy, and long-term growth potential in a high-demand rental market. Offers over $1,600,000 are considered for this outstanding opportunity.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,600,000 | |
| Offers Over $1,600,000 Considered |
Location
West Gladstone QLD 4680
Market Insights for West Gladstone QLD 4680
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