61 Boles Street, West Gladstone, QLD 4680 | BlockOfUnits for sale | OnTheHouse
FOR SALE
Expressions of Interest by 5pm 8 July

61 Boles Street
West Gladstone QLD 4680

Bedrooms: 5
Bathrooms: 5
Car spaces: 5
Land area: 645m2
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High-Yield Multi-Income Asset | 5 Studios on a Single Title

The Headline Figures
• Total Weekly Rental Income: $1,625/week
• Annual Gross Revenue: $84,500 per annum
• Asset Age: Under 12 months old with a depreciation schedule prepared and available at request
• Title Structure: Single Title (Five income streams, zero body corporate/strata fees)
The Investment Case
Purpose-built high-yield assets under 12 months old are exceptionally rare in today's market. 61 Boles Street represents a premium, low-maintenance portfolio-in-a-box, offering immediate cash flow with zero vacancy from day one.
By securing five individual tenancies under one single title, you effectively eliminate the friction and overhead of traditional multi-unit investments while maximizing your risk diversification. If one tenant moves out, your asset still operates at 80% capacity.
Key Asset Strengths
• Premium Cash Flow & Yield: Each of the 5 fully furnished studios is currently locked into a stable lease at $325 per week.
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Property Details for 61 Boles St, West Gladstone

61 Boles St, West Gladstone is a 5 bedroom, 5 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 645m2. The place is currently for sale with Ray White Gladstone.

Building Type
BlockOfUnits
Land Size
645m2
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About West Gladstone 4680

The size of West Gladstone is approximately 7.1 square kilometres. There are 16 parks, covering nearly 14.1% of the total area. The population of West Gladstone in 2016 was 4728 people. By 2021 the population was 4844 showing a population growth of 2.4% in the area during that time. The predominant age group in West Gladstone is 50-59 years. Households in West Gladstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Gladstone work in a trades occupation.In 2021, 53.10% of the homes in West Gladstone were owner-occupied compared with 55.40% in 2016.

West Gladstone has 2,845 properties. Over the last 5 years, Houses in West Gladstone have seen a 94.38% increase in median value, while Units have seen a 135.21% increase. As at 31 May 2026:

  • The median value for Houses in West Gladstone is $518,643 while the median value for Units is $359,532.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 38 properties listed for sale, and 29 properties listed for rent in West gladstone on OnTheHouse. According to Cotality's data, 215 properties were sold in the past 12 months in West gladstone.

Suburb Insights for West Gladstone 4680

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Ben Crick
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Ray White Gladstone
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.