For sale
5-7/41 O'Connell Street,
Barney Point 4680, Queensland
$935,000
Property details
-
Agents
HIGH-INCOME SHORT STAY ASSET - 5 STAR RATED & FULLY RENOVATED TRIPLEX!
Currently operating as a successful Airbnb and short-term accommodation business, the property boasts consistent 5-star reviews, repeat clientele, and forward bookings already in place. With multiple income streams and the ability to rent each room individually, this is a proven, high-performing asset ready to generate immediate returns.
Designed with flexibility in mind, each apartment comfortably accommodates up to six guests and can be configured for individual room letting-making it highly attractive to corporate and mining company bookings. Alternatively, the property can easily transition to long-term rentals or suit an owner-occupier looking to live in one and lease the others.
No expense has been spared in the transformation of this property. Each apartment is fully furnished with high-quality inclusions, stylish plantation shutters, custom timber finishes, and modern upgrades throughout. From smart technology and secure access systems to premium fixtures and fittings, every detail has been carefully considered to create a low-maintenance, high-comfort living environment.
Each apartment features two spacious bedrooms, both with private ensuites-a rare and highly sought-after design in the Gladstone market. Reverse cycle air-conditioning and Smart TVs are installed in all bedrooms and living areas, ensuring comfort for both short and long-term occupants.
Adding to the practicality, each unit includes its own private laundry with washing machine, provision for a wall-mounted dryer. Additional large commercial clotheslines are positioned near the carport, ideal for efficient turnover of linen during guest changeovers.
Located directly across from Yaralla Sports Club, guests and residents enjoy immediate access to dining, gym facilities, and entertainment. With close proximity to Gladstone Central, beaches, and the boat ramp, this is a high-demand location continuing to grow in popularity.
At a Glance:
Return on Investment:
Based on the information currently available:
-Indicative gross annualised income: approx. $133,664 p.a.
-Operating expenses + rates/water: approx. $11,032 p.a.
-Body corporate: approx. $10,636 p.a.
-Indicative net income: approx. $111,996 p.a.
-Estimated rental appraisal (long-term): $370 - $390 per unit, per week
-Current Airbnb income: approximately $190 - $230 per night, per unit (minimum 2-night stay)
Property information:
-Low set solid brick complex built in 1993
-Fully renovated complex of 3 units (internal and external upgrades completed)
-Fully furnished throughout - walk-in, walk-out sale
-Premium finishes including plantation shutters - no expense spared
-Each unit offers 2 bedrooms and 2 bathrooms (both ensuited), sleeps up to 6 people with pull out double sofa
-Air-conditioned bedrooms and living areas throughout
-Each unit includes laundry with washing machine
-Currently operating as Airbnb-style accommodation with strong income potential
-Proven short-term rental with 5-star reviews, repeat clientele & forward bookings
-Modern kitchens with quality appliances and ample storage
-Open-plan living and dining layouts
-Three undercover car accommodation plus multiple additional parking options
A rare opportunity offering versatility, strong income potential, and high-end finishes in a prime coastal location.
Contact Donnella for more information or to book your inspection.
Inspections
Explore the area
School catchments
- Gladstone South State School Primary Prep-6 Government 0.61km
- Trinity College - South Gladstone Campus Secondary Independent 0.78km
- Star of the Sea Catholic Primary School Primary Prep-6 Catholic 1.5km
- Gladstone West State School Primary Prep-6 Government 1.8km
- Toolooa State High School Secondary 7-12 Government 1.9km
- Gladstone State High School Secondary 7-12 Government 2.0km
- Gladstone Central State School Primary Prep-6 Government 2.0km
- Trinity College Combined Prep-12 Independent 2.2km
- Kin Kora State School Primary Prep-6 Government 3.0km
- Chanel College Secondary 7-12 Catholic 3.1km
- Clinton State School Primary Prep-6 Government 5.5km
- St John the Baptist Catholic Primary School Primary Prep-6 Catholic 5.7km
- Faith Baptist Christian School Combined Prep-12 Independent 10.3km
- Clearview Christian College Secondary 7-10 Independent 13.5km
- St Francis Catholic Primary School Primary Prep-6 Catholic 13.5km
- Boyne Island State School Primary Prep-6 Government 13.7km
- Tannum Sands State School Primary Prep-6 Government 14.3km
- Yarwun State School Primary Prep-6 Government 14.7km
- Tannum Sands State High School Secondary 7-12 Government 15.0km
- Calliope State High School Secondary 7-12 Government 16.7km
- Benaraby State School Primary Prep-6 Government 17.3km
- Calliope State School Primary Prep-6 Government 17.9km
- Mount Larcom State School Combined Prep-10 Government 30.6km
- Miriam Vale State School Combined Prep-10 Government 60.4km
- Discovery Christian College Combined Prep-12 Independent 75.1km
- Carinity Education - Rockhampton - Mount Chalmers Campus Secondary Independent 89.1km
- Mount Morgan State High School Secondary 7-12 Government 92.9km
- Kingsley College Combined Prep-12 Independent 93.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Contact Donnella Merrett
Contact Donnella Merrett
Donnella Merrett
5-7/41 O'Connell Street, Barney Point QLD 4680
Request a callback
Donnella Merrett
5-7/41 O'Connell Street, Barney Point QLD 4680