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Overview
Situated on a large 1,011sqm battle-axe block just moments from Gladstone CBD, this property presents a unique opportunity for renovators, builders, and investors seeking substantial land close to town.
Occupying the site is a duplex comprising two separate units, each offering two bedrooms, one bathroom, a laundry, and carport. Having stood vacant for some time, the property is primed for redevelopment or renovation, allowing buyers the flexibility to choose their preferred approach without tenant constraints.
The private, set-back position ensures seclusion away from the street frontage, enhancing liveability and offering scope to capitalize on the considerable land holding. With water connected and electrical power connected at the front requiring re-instating, this site is ready for a new chapter.
This offering will attract those looking for a significant footprint near the heart of Gladstone, whether for a knock-down rebuild, refurbishment dual living arrangement, or potential subdivision (subject to council approval). Immediate vacant possession further contributes to its desirability, enabling immediate engagement with renovation or development plans.
- Extensive 1,011sqm land size on a battle-axe block
- Dual dwelling duplex layout with separate facilities on each side
- Vacant possession allowing immediate occupation or works
- Excellent location close to Gladstone CBD
- Flexibility for renovation, rebuilding, or subdivision (STCA)
- Water connected with power connection available to be reinstated
Overall, 194 Oaka Street embodies a versatile and highly promising site for a variety of buyers prioritizing land size, location, and development potential within South Gladstone.
Local Market Insights
In Fitzroy, Quiet Listings observed 2 new others entering the market over the last 30 days, unchanged from 2 in the prior period, with an average advertised asking price of $595,000. The property type mix of listed properties is predominantly Houses at 77%, followed by land (9%), and units (4%). The only agency with for others listings currently monitored in the Fitzroy area is Ray White. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.