MASSIVE RETURNS - MASSIVE UNIT

Gladstone is one of AustraliaA¢a‚¬a„¢s boom cities, with more than $82 billion of infrastructure spending planned over the next 10 years.

The housing and unit vacancy rate in Gladstone is below 1.5% and it is nearly impossible to obtain hotel or motel accommodation without booking months in advance.

G80 is a near new complex of 74 apartments, all with undercover parking, which was completed in December 2010. The units were constructed by Hutchinson Builders, a 100 year old Queensland company, and the internal and external finishes are first class.

Unit 118 has an area of 90 square metres, with a 34 square metre balcony!!! It has two generous sized bedrooms, an en suite, and a second bathroom. The unit is fully self-contained and comes with all furniture, whitegoods, Manchester, crockery, cutlery and artwork.

The unit has a modern kitchen, open plan living/dining area as well as bi-fold doors leading out onto the balcony.

The Body Corporate fees are $2872pa and Council rates $1602pa.

The unit is CURRENTLY LEASED to an international company for $850 per week. Located in the CBD so close to shops and restaurants and just a short drive to the Gladstone marina, this complex has proven to be very popular with corporate tenants.

For more information or to arrange an inspection call Georgie at Knight Frank Gladstone 07 4972 7005

Property ID: 1112423