61 Boles Street, West Gladstone, Qld 4680

For Sale

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

645 m²

Area

Published on Wednesday, June 24, 2026 ( See property details for 61 Boles Street, West Gladstone, Qld 4680)

Expressions of Interest by 5pm 8 July

Ben Crick Property Specialist

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance, five-unit investment property in a prime location, offering immediate cash flow and high yield potential.

🏡 Property Highlights

Five fully furnished, high-yield studios with stable leases at $325/week each
Under 12 months old with a professional depreciation schedule available
Single title with five income streams, no body corporate or strata fees
Strategically located in a high-demand area close to amenities and transit
Low-maintenance, turnkey investment with high-quality inclusions
Immediate cash flow with zero vacancy from day one

✨ Key Features

Air Conditioning
Security Screens
Ceiling Fans
Open-Plan Living
Built-in Robes
External Locking Doors
Furnished
Split-System Air Conditioning
Digital Locks
High-Quality Inclusions

Suburb and Property Insights of West Gladstone, QLD 4680

West Gladstone is a vibrant suburb known for its convenient access to major shopping centres, medical facilities, schools, and transit links. It offers a high demand for rental properties, ensuring strong occupancy rates. The area features a mix of residential and commercial developments, making it an ideal location for investors seeking stable, long-term growth. Its strategic position supports both immediate cash flow and future appreciation. Local amenities and infrastructure contribute to a thriving community atmosphere, attracting a diverse tenant base.

Frequently Asked Questions

What are the current rental income and occupancy rates?

The property generates a total weekly rental income of $1,625, with all five studios currently leased, ensuring zero vacancy and immediate cash flow.

What maintenance and management requirements are involved?

The property is designed for low-overhead management, with high-quality, durable furnishings, digital locks, split-system air conditioning, and security screens, making it suitable for hands-off management.

Are there any upcoming developments or zoning restrictions in the area?

The property is situated in a high-demand, well-established area with no known upcoming developments that would impact its value or rental potential. Buyers should verify local council plans for any future changes.

What are the tax advantages associated with this property?

Being less than a year old, the property has a professional depreciation schedule available, which can provide significant tax benefits for investors.

Is the property suitable for long-term tenants or short-term rentals?

The property is currently leased on stable, long-term leases, making it ideal for consistent, reliable income. Short-term rental options could be considered subject to local regulations.

What to ask about this property to agent?

Are there any additional costs or fees not included in the purchase price, such as stamp duty or legal fees? Has the property been inspected for any structural or pest issues, and are there any warranties remaining? Are there any restrictions or covenants on the property that could affect future development or use? What are the local council regulations regarding rental properties and potential future zoning changes? Is there any planned infrastructure or development nearby that could impact the property's value or noise levels? Are there any easements, rights of way, or other encumbrances registered on the title? What are the terms of the existing leases, and are there any upcoming lease expirations? Has the property been assessed for flood or bushfire risks, and what mitigation measures are in place? Are there any strata or body corporate considerations, or is this a freehold title? What are the long-term growth prospects for the area, and how might market conditions affect future returns?

61 Boles Street, West Gladstone, Qld 4680 - More Details

Expressions of Interest by 5pm 8 July

The Headline Figures
• Total Weekly Rental Income: $1,625/week
• Annual Gross Revenue: $84,500 per annum
• Asset Age: Under 12 months old with a depreciation schedule prepared and available at request
• Title Structure: Single Title (Five income streams, zero body corporate/strata fees)

The Investment Case
Purpose-built high-yield assets under 12 months old are exceptionally rare in today's market. 61 Boles Street represents a premium, low-maintenance portfolio-in-a-box, offering immediate cash flow with zero vacancy from day one.
By securing five individual tenancies under one single title, you effectively eliminate the friction and overhead of traditional multi-unit investments while maximizing your risk diversification. If one tenant moves out, your asset still operates at 80% capacity.

Key Asset Strengths
• Premium Cash Flow & Yield: Each of the 5 fully furnished studios is currently locked into a stable lease at $325 per week.
• Potential Tax Advantages: Being less than a year old a comprehensive, professional depreciation schedule has already been prepared and is available for immediate review.
• Turnkey & Low Overhead: Every studio is completely furnished with high-quality, durable inclusions. Fitted with keyless digital locks, split-system air conditioning, ceiling fans, and security screens, the property is designed for hands-off, hassle-free management.
• Strategic Growth Location: Situated in a high-demand pocket close to major shopping centres, medical hubs, schools, and transit links. This central convenience ensures a perpetual tenant pipeline and robust historical occupancy rates.

Whether you are looking to aggressively scale your existing portfolio's yield or secure a defensive, high-performance asset with immediate returns, 61 Boles Street demands your attention. This asset is fully tenanted and ready for a seamless settlement. For a copy of the contract, tenancy agreements, or the prepared depreciation schedule, contact the listing agent, Ben Crick 0487 123 288 today.

Disclaimer: All information provided in this listing is deemed reliable but is not guaranteed and should be independently verified. Ray White Gladstone makes no
warranties or representations as to the accuracy, completeness, or suitability of the information contained herein, including but not limited to, property boundaries,
financial figures or taxation advice. Prospective buyers are strongly advised to conduct their own due diligence, inspections, and consultations with relevant professionals before making any financial commitments.

Type: Block Of Units
Bedrooms: 5
Bathrooms: 5
Parkings: 5
Area: 645 m²

Map & nearby places — 61 Boles Street, West Gladstone, Qld 4680

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