Situated in Gladstone Central and a stone's throw from the Hanson Road Industrial and Commercial precinct, 66 Yarroon St is now available for purchase.
There are 6 sheds in total, and all sheds are currently leased. Individual lease particulars can be provided upon request. The property turns over approx $111,000 per annum in gross rent with a net profit of approx $34,000 per annum.
Outgoings for 2024/25 include (APPROX ONLY*):
Please note that the property is zoned Light Industrial and is held as leasehold with Gladstone Ports Corporation (GPC). The property is 3487m2 and the GPC lease has just been extended for another 15 years.
This is a great opportunity to secure a multi-tenancy opportunity in Gladstone's prime industrial and commercial precinct.
For more information or to arrange a site visit, please contact Alicia.
*Please note that the businesses leasing the premises are excluded from the sale price - the property is for sale only**
**Please note that the information in this advertisement comes from sources we believe to be accurate, but accuracy is not guaranteed. Interested parties should make and rely on their own independent enquiries and due diligence in relation to the property**
The size of Gladstone Central is approximately 3.1 square kilometres. It has 13 parks covering nearly 13.8% of total area. The population of Gladstone Central in 2016 was 1547 people. By 2021 the population was 1550 showing a population growth of 0.2% in the area during that time. The predominant age group in Gladstone Central is 20-29 years. Households in Gladstone Central are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gladstone Central work in a professional occupation.In 2021, 29.80% of the homes in Gladstone Central were owner-occupied compared with 25.70% in 2016.
Gladstone Central has 2,307 properties. Over the last 5 years, Houses in Gladstone Central have seen a 86.87% increase in median value, while Units have seen a 119.12% increase. As at 28 February 2026:
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