More space means more appeal to tenants - and Flat 4 at 51 Louisa Street puts that to work for you. This two-bedroom concrete block unit sits at the end of a quiet, tree-lined street in Gladstone, currently tenanted at $350 per week and offering the kind of fuss-free ownership that busy investors appreciate.
The location does a lot of the heavy lifting here. Gladstone is a solid, practical suburb with good tenant demand, and this particular street - north-facing, well set back from the road, and genuinely quiet - is the kind of address that holds its appeal. Concrete block construction and a recently replaced roof mean you're not inheriting a maintenance headache.
Inside the Unit:
- Spacious living area with high stud and heat pump
- Kitchen with good bench and storage space
- Two bedrooms, including one with built-in wardrobe
- Bathroom/laundry with toilet, basin, and laundry facilities
Outside:
- Recently replaced roof
- North-facing aspect with good sun
- End position within the complex for added privacy
- Shared off-street parking
- Own crosslease title
Three of the four units on this site is being sold separately (flat 3 is sold), giving you the flexibility to purchase just this one or build out a portfolio across the complex. At $350 per week with a tenant already in place, Flat 4 is a two-bedroom investment that earns well and asks little in return.
To respect the privacy of the current tenant, this property won't have open homes. Private viewings are available by appointment - get in touch and we'll sort something out.
Make the smart move - contact me today to arrange a viewing.
Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Local Council and we have not been able to verify the accuracy of the same. Refer to our Passing Over of Information Statement at:
https://www.smr.co.nz/passing-over-of-information
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