Buy a property
Sell your property
Find your local agent

Opportunity knocks

Here for your property journey

News and market insights

Property experts since 1902

Browse

Terms

Show all photos

Sold

1/55 Toolooa Street,
South Gladstone 4680, Queensland

2 bedrooms
1 bathroom
1 car space
91m² land size
Unit

$278,000

Property details

6.5% Gross Return, 2026 Lease Expiry, Inner-City Location!

Positioned in the heart of South Gladstone, this well-maintained unit at 1/55 Toolooa Street presents an ideal opportunity for investors. With two generously sized bedrooms and one modern bathroom, this property is currently leased at $350 per week, with a secure tenancy in place until the 29th of January, 2026.

Upon entering, you're greeted by a bright, open-plan living area. The space is fully tiled, ensuring easy maintenance, while ceiling fans and split-system air conditioning provide year-round comfort. Large windows flood the room with natural light, adding to the fresh and
airy feel of the space. The kitchen, sleek in its design, features modern white cabinetry, ample storage, and quality stainless steel appliances, including a dishwasher and electric oven, making meal preparation a breeze.

The two bedrooms offer a peaceful retreat, each fitted with built-in wardrobes, ceiling fans, and air conditioning units, perfect for comfort during the warmer months. The neutral tones throughout create a calming atmosphere, while the large windows in both bedrooms allow plenty of light to filter through.

The bathroom is both stylish and functional, featuring a glass-enclosed shower, a spacious vanity, and a separate bathtub, perfect for unwinding after a long day.

Step outside to find a small, private backyard, complete with a grassed area-ideal for relaxing or small outdoor activities without the hassle of high maintenance.

The property also includes a dedicated parking space with convenient access via a well-kept driveway, and the unit itself boasts a neat, modern exterior that adds to its overall appeal.

Centrally located, this unit is just minutes away from local shops, schools, and amenities, making it highly desirable for tenants and a solid investment opportunity. With a long-term lease already in place, this property offers immediate rental income with no additional outlay required for renovations or improvements.

Additional Information:

• Currently rented at $350 per week until 29/01/2026
• Approximate rates at $3,300 per annum
• Approximate body corporate at $3,250 per annum

Please contact the marketing agent Ben Crick for additional information.

Explore the area

School catchments

  • Star of the Sea Catholic Primary School Primary Prep-6 Catholic 0.83km
  • Gladstone South State School Primary Prep-6 Government 1.2km
  • Gladstone Central State School Primary Prep-6 Government 1.3km
  • Gladstone West State School Primary Prep-6 Government 1.7km
  • Trinity College Combined Prep-12 Independent 2.4km

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.

Back to top