Location + motivation = good buy


445 Dee Street, Gladstone

By Negotiation

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Location + motivation = good buy | 445 Dee Street, Gladstone | 4850725 |      X Close
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Location + motivation = good buy


10 bedrooms with separate two bedroom flat

Within a short distance of the city centre sits a beautiful and expansive property with endless moneymaking possibilities. This Gladstone delight on Dee Street is an ideal accommodation centre that's worthy of your inspection and business acumen.

There are 10 bedrooms, a communal open plan new kitchen and living area, one communal bathroom, a communal laundry, and four rooms with ensuite bathrooms - three of which are new.

Outside, prospective purchasers can benefit from two entertaining porches and 10 car park spaces rented from a neighbouring property.

Currently, each of the 10 bedrooms is listed on accommodation platforms such as booking.com and Airbnb for the following per-night fees:

•Room 1 - $125

•Room 2 - $150

•Room 3 - $135

•Room 4 - $75

•Room 5 - $90

•Room 6 - $90

•Room 7 - $90

•Room 8 - $90

•Room 9 - $90

•Room 10 - $135

Long-term tenants also rent three bedrooms during the off-season, returning weekly income of $400 in Room 3 and Room 10 and $200 in Room 7.

The main homestead is a credit to its current owners, but there's also more to this property than meets the eye. Adjacent to the tastefully decorated brick and roughcast home is a separate flat featuring two bedrooms, a new ensuite bathroom, walk-in wardrobes, and a new kitchen. There is also a carport outside and access to the two outdoor entertainment areas.

Opportunities exist to carry on this accommodation business or utilise the many bedrooms or bathrooms for other ventures. The possibilities are truly endless, so don't delay arranging your private viewing today.

LIM report and Rental appraisal is available

Carparking space is Leased at $100pw

Room one has consent to add another disability ensuite

One consent to add another shower into the existing toilet in the main hall.

The property can be purchased as land and buildings only or with the business.

Jaimee McCabe

Southland

Licensed under the REA Act 2008

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445 Dee Street, Gladstone

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Jaimee McCabe

Southland

Licensed under the REA Act 2008

View profile