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129 Off Lane

South Gladstone QLD 4680

  • 5 Bed
  • 2 Bath
  • 3 Parks
Offers Over $729,000

Dual Income Opportunity – Immaculate Residences in Prime Town Location!

Investment Opportunity Not to Be Missed!
This rare offering of two immaculate residences on a single block presents an exceptional investment opportunity or the perfect multi-generational living arrangement. Whether you're looking to expand your property portfolio or secure a dual-living setup, this property ticks all the boxes.

Property Highlights:
Prime Location: Situated in a peaceful street, yet just moments away from shops, schools, and public transport.
Dual Income Potential: Both residences are currently tenanted, ensuring a steady rental income stream.
Immaculate Condition: Both properties are meticulously maintained, offering low-maintenance living for tenants or future homeowners.

2/129 – FRONT RESIDENCE:
3 Bedrooms | 1 Bathroom
Pristine Garden: Enter through a beautifully maintained garden, setting the tone for the neat, delightful home.
Sunlit Open Plan Living: Spacious carpeted lounge and dining area filled with natural light.
Two air-conditioned bedrooms ensure year-round comfort. Master bedroom has massive walk-in robe, and second bedroom has generously sized built-in cupboard. Additional small bedroom or study located down a set of stairs.
Functional Kitchen: Open-plan kitchen with electric stove-top.
Spacious Bathroom: Large bathroom with a shower and separate toilet.
Charming Outdoor Space: Step outside to a delightful, covered courtyard with a garden shed – perfect for relaxing or entertaining.
Potential rental income of approx. $450 per week.

1/129 – REAR RESIDENCE:
2 Bedrooms | 1 Bathroom
Modern and Elevated: Built in 2007, this residence is raised with a small deck, offering a lovely outlook.
Tiled Living Area: Easy-care tiled lounge area leading to a modern kitchen.
Comfortable Bedrooms: Two carpeted bedrooms with built-in robes for ample storage.
Contemporary Bathroom: Stylish bathroom with cleverly concealed laundry and a separate toilet.
Energy Efficient: Gas hot water system for cost-effective utility bills.
Potential rental income of approx.: $390 per week

Act fast – opportunities like this don't last long!
Contact Emma today to arrange your private inspection!

Potential combined Rental Income: $840 + per week.
Last rent increase: 1/129 - 27/07/2024 - $370
Last rent increase: 2/129 - 09/01/2024 - $325

Council Rates: Approx. $3,875 for each property / year (including water)

Discover the perfect blend of charm, convenience, and investment potential with these two beautifully maintained residences. Nestled in a quiet neighborhood right in the heart of town, these properties offer the best of both worlds – tranquility and easy access to all local amenities.

Additional Information:
Please note: Some images have been digitally altered to remove tenants' personal belongings for privacy purposes.
Video walk-through available upon request on WhatsApp: 0497 864 493

Disclaimer:
Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Features

General Features

  • Property Type: House
  • Bedrooms: 5
  • Bathrooms: 2
  • Land Size: 874sqm

Indoor Features

  • Toilets: 2

Outdoor Features

  • Open Car Spaces: 3

Can I afford 129 Off Lane?

With access to the best on offer from 30 lenders and complete support and advice from pre-approval to settlement, you can trust an Elders Home Loans broker to find a quick and simple solution.

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Elders Real Estate Gladstone and Tannum Sands

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