HIGH YIELD ACCOMMODATION COMPLEX, MULTIPLE INCOME STREAMS- VENDOR FINANCE AVAILABLE !

Positioned just minutes from Gladstone CBD, shopping centres, schools, medical facilities, and major employment hubs, this exceptional investment opportunity comprises 8 individually titled duplexes containing 16 fully furnished studio apartments, offering immediate income and future growth potential.

Recently refreshed with extensive painting and upgrades throughout, the complex presents in well-presented condition and continues to benefit from strong demand from corporate clients, contractors, support accommodation providers, and long-term tenants.

The current accommodation mix includes long-term tenancies, supported accommodation, and short-term accommodation with forward bookings already secured, providing investors with both immediate cash flow and flexibility to further optimise returns.

Features Include:
-8 individually titled duplexes comprising 16 self-contained studio apartments
-Each unit includes kitchenette facilities, fridge, microwave, and television
-Fully furnished with linen and kitchenware accommodating up to four occupants
-Air-conditioning throughout
-Private ensuite to every unit
-Allocated undercover parking for each apartment
-Recently painted and updated throughout
-Well maintained grounds
-Returning corporate and business clientele providing ongoing accommodation demand
-Mix of short-term accommodation and long-term tenancies
-Opportunity to convert additional units to fixed-term leases
-Solar power system assisting with reduced operating costs
-Onsite swimming pool and BBQ facilities for communal use
-Potential to enclose existing carports to create additional internal living space (STCA and Body Corporate approval)
-Body Corporate approximately $6,500 per duplex per annum
-Rates and water approximately $3,000 per duplex per annum
-Vendor Finance is available

Additional Opportunity - Onsite Management Residence & Management Rights

Available by separate negotiation is the onsite management residence together with the management rights, creating an exceptional owner-operator or investment opportunity.

Current management responsibilities include:
-Management of duplex accommodation
-Management of cabin bookings and accommodation operations
-Oversight of existing caravan sites
-Future management of additional cabins as further sites are developed

The residence features:
-Dedicated office for onsite management
-Two bedrooms plus separate dining room with potential third bedroom conversion
-Large bathroom
-Spacious lounge room
-Well-appointed kitchen with adjoining dining area
-Covered outdoor entertaining area
-Separate self-contained studio flat complete with kitchenette, bathroom, television and air-conditioning
-Studio currently returning approximately $600 per week

The broader complex also offers future growth potential through the planned conversion of caravan sites into additional cabin accommodation, creating further opportunities to increase rental and management income.

This is a rare opportunity to secure a substantial Gladstone accommodation asset with diversified income streams, established clientele, and significant upside potential.

Contact Donnella Merrett today for a detailed Information Memorandum, financial information, and inspection arrangements.

Inspections

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
Trinity College - South Gladstone Campus Secondary Independent 1.3km
Gladstone Central State School Primary Prep-6 Government 1.3km
Gladstone State High School Secondary 7-12 Government 1.5km
Gladstone West State School Primary Prep-6 Government 1.7km
Trinity College Combined Prep-12 Independent 2.4km
Toolooa State High School Secondary 7-12 Government 2.5km
Chanel College Secondary 7-12 Catholic 3.0km
Kin Kora State School Primary Prep-6 Government 3.3km
Clinton State School Primary Prep-6 Government 5.5km
St John the Baptist Catholic Primary School Primary Prep-6 Catholic 5.5km
Faith Baptist Christian School Combined Prep-12 Independent 10.6km
Clearview Christian College Secondary 7-10 Independent 14.2km
St Francis Catholic Primary School Primary Prep-6 Catholic 14.2km
Yarwun State School Primary Prep-6 Government 14.3km
Boyne Island State School Primary Prep-6 Government 14.3km
Tannum Sands State School Primary Prep-6 Government 15.0km
Tannum Sands State High School Secondary 7-12 Government 15.7km
Calliope State High School Secondary 7-12 Government 17.1km
Benaraby State School Primary Prep-6 Government 18.0km
Calliope State School Primary Prep-6 Government 18.3km
Mount Larcom State School Combined Prep-10 Government 30.1km
Miriam Vale State School Combined Prep-10 Government 61.1km
Discovery Christian College Combined Prep-12 Independent 75.7km
Carinity Education - Rockhampton - Mount Chalmers Campus Secondary Independent 88.5km
Mount Morgan State High School Secondary 7-12 Government 92.4km
Kingsley College Combined Prep-12 Independent 93.1km

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.

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