60 Bradshaw Dr, Gillen is a 1 bedroom, 1 bathroom Unit with 12 parking spaces and was built in 1975. The property has a land size of 1040m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
This solidly constructed double-storey block of six units, originally owned by a major Bank for staff accommodation, is a cracking investment opportunity, currently returning an 9.7% yield on asking price, and located in a popular pocket of Gillen close to major amenities, occupancy rates are high.
Cracking investment rock-solid 6-pack returning 9.7% yield
Prime Gillen location, delightful views of MacDonnell Ranges
Over two levels, the configuration is 4 x 2-bedroom units with a floor area of 79 square metres, and 2 x 1-bedroom with a floor area of 61 square metres. Each unit has separate entry, separate water supply, built-ins in bedroom(s), full sized bath in 2-bedroom units, electric stoves, and three of the units have split system air-conditioning.
The complex is on a 1055m2 block, with security lighting installed and undercover parking for eight-vehicles plus open parking for another four-vehicles. Low maintenance, the current owners have until recently conducted all their own property management, minimising costs further.
In comfortable, liveable condition and showcasing views of the MacDonnell Ranges this is an appealing investment opportunity in a sought-after location within walking distance to local schools and IGA.
With interest rates at historic lows and the stock market always susceptible to volatility; property is one of the safest and most financially rewarding investments, proven to generate attractive capital gain over time and returning solid yields in most market conditions. Investing in bricks and mortar is the way to goand this property certainly ticks all the boxes.
Contact Agent for further information.
The size of Gillen is approximately 2.6 square kilometres. It has 13 parks covering nearly 8.0% of total area. The population of Gillen in 2016 was 4278 people. By 2021 the population was 4466 showing a population growth of 4.4% in the area during that time. The predominant age group in Gillen is 30-39 years. Households in Gillen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gillen work in a professional occupation.In 2021, 56.50% of the homes in Gillen were owner-occupied compared with 54.60% in 2016.
Gillen has 2,005 properties. Over the last 5 years, Houses in Gillen have seen a -4.43% decrease in median value, while Units have seen a 13.16% increase. As at 30 November 2025:
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