5-7/41 O'Connell Street, Barney Point, QLD 4680 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
OFFERS FROM $949,000

5-7/41 O'Connell Street
Barney Point QLD 4680

Bedrooms: 6
Bathrooms: 6
Car spaces: 3
Land area: 915m2
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HIGH-INCOME SHORT STAY ASSET - 5 STAR RATED & FULLY RENOVATED TRIPLEX!

Positioned in a highly convenient location just moments from the beach and Gladstone CBD, this fully renovated complex of three apartments-known as The Quarterdeck Apartments-presents an exceptional opportunity for investors, extended families, or those seeking flexible dual living options.
Currently operating as a successful Airbnb and short-term accommodation business, the property boasts consistent 5-star reviews, repeat clientele, and forward bookings already in place. With multiple income streams and the ability to rent each room individually, this is a proven, high-performing asset ready to generate immediate returns.
Designed with flexibility in mind, each apartment comfortably accommodates up to six guests and can be configured for individual room letting-making it highly attractive to corporate and mining company bookings. Alternatively, the property can easily transition to long-term rentals or suit an owner-occupier looking to live in one and lease the others.
No expense has been spared in the transformation of this property. Each apartment is fully furnished with high-quality inclusions, stylish plantation shutters, custom timber finishes, and modern upgrades throughout. From smart technology and secure access systems to premium fixtures and fittings, every detail has been carefully considered to create a low-maintenance, high-comfort living environment.
Each apartment features two spacious bedrooms, both with private ensuites-a rare and highly sought-after design in the Gladstone market. Reverse cycle air-conditioning and Smart TVs are installed in all bedrooms and living areas, ensuring comfort for both short and long-term occupants.
Adding to the practicality, each unit includes its own private laundry with washing machine, provision for a wall-mounted dryer, and a private rear courtyard with clothesline. Additional large commercial clotheslines are positioned near the carport, ideal for efficient turnover of linen during guest changeovers.
Located directly across from Yaralla Sports Club, guests and residents enjoy immediate access to dining, gym facilities, and entertainment. With close proximity to Gladstone Central, beaches, and the boat ramp, this is a high-demand location continuing to grow in popularity.
At a Glance:
-Low set solid brick complex built in 1993
-Fully renovated complex of 3 units (internal and external upgrades completed)
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Property Details for 5-7/41 O'Connell St, Barney Point

5-7/41 O'Connell St, Barney Point is a 6 bedroom, 6 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 915m2. The place is currently for sale with Ray White Gladstone.

Building Type
BlockOfUnits
Land Size
915m2
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About Barney Point 4680

The size of Barney Point is approximately 3.3 square kilometres. There are 6 parks, covering nearly 6.5% of the total area. The population of Barney Point in 2016 was 1093 people. By 2021 the population was 1065 showing a population decline of 2.6% in the area during that time. The predominant age group in Barney Point is 50-59 years. Households in Barney Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Barney Point work in a labourer occupation.In 2021, 46.30% of the homes in Barney Point were owner-occupied compared with 47.80% in 2016.

Barney Point has 748 properties. Over the last 5 years, Houses in Barney Point have seen a 103.32% increase in median value, while Units have seen a 78.45% increase. As at 31 July 2026:

  • The median value for Houses in Barney Point is $482,202 while the median value for Units is $350,364.
  • Houses have a median rent of $480 while Units have a median rent of $440.
There are currently 14 properties listed for sale, and 8 properties listed for rent in Barney point on OnTheHouse. According to Cotality's data, 53 properties were sold in the past 12 months in Barney point.

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Donnella Merrett
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Ray White Gladstone
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