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For sale
61 Boles Street,
West Gladstone 4680, Queensland
$1,150,000
Property details
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Agents
High-Yield Multi-Income Asset | 5 Studios on a Single Title
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.
• 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.
Inspections
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School catchments
- Gladstone West State School Primary Prep-6 Government 0.08km
- Gladstone State High School Secondary 7-12 Government 0.99km
- Trinity College Combined Prep-12 Independent 1.3km
- Chanel College Secondary 7-12 Catholic 1.3km
- Star of the Sea Catholic Primary School Primary Prep-6 Catholic 1.5km
- Trinity College - South Gladstone Campus Secondary Independent 1.6km
- Gladstone South State School Primary Prep-6 Government 1.8km
- Kin Kora State School Primary Prep-6 Government 2.0km
- Gladstone Central State School Primary Prep-6 Government 2.1km
- Toolooa State High School Secondary 7-12 Government 2.3km
- Clinton State School Primary Prep-6 Government 3.8km
- St John the Baptist Catholic Primary School Primary Prep-6 Catholic 3.8km
- Faith Baptist Christian School Combined Prep-12 Independent 9.1km
- Yarwun State School Primary Prep-6 Government 13.0km
- St Francis Catholic Primary School Primary Prep-6 Catholic 14.5km
- Boyne Island State School Primary Prep-6 Government 14.5km
- Clearview Christian College Secondary 7-10 Independent 14.5km
- Tannum Sands State School Primary Prep-6 Government 15.2km
- Calliope State High School Secondary 7-12 Government 15.7km
- Tannum Sands State High School Secondary 7-12 Government 15.8km
- Calliope State School Primary Prep-6 Government 16.8km
- Benaraby State School Primary Prep-6 Government 17.5km
- Mount Larcom State School Combined Prep-10 Government 28.9km
- Miriam Vale State School Combined Prep-10 Government 60.9km
- Discovery Christian College Combined Prep-12 Independent 76.4km
- Carinity Education - Rockhampton - Mount Chalmers Campus Secondary Independent 88.2km
- Mount Morgan State High School Secondary 7-12 Government 91.3km
- Kingsley College Combined Prep-12 Independent 92.6km
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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Contact Ben Crick
Contact Ben Crick
Ben Crick
61 Boles Street, West Gladstone QLD 4680
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Ben Crick
61 Boles Street, West Gladstone QLD 4680