1 Nothling Street

New Auckland QLD 4680

Opportunities like this are rarely available. Offering a strong 6.2% gross yield and immediate rental income, this well-maintained complex of five modern townhouses is an ideal addition to any investment portfolio.Perfectly positioned in the sought-after suburb of New Auckland, the property is just minutes from major amenities, including Bunnings Shopping Centre, Harvey Road Tavern, Clinton State School, Marley Brown Oval, Kin Kora Mall, and Chanel College.Each townhouse features:Open-plan living and diningFully air-conditioned throughoutContemporary finishesTwo spacious bedroomsTwo modern bathroomsPrivate courtyardsNo body corporate feesBuilt 2014With all five residences currently tenanted, the complex provides an instant income stream:Four townhouses leased at $380 per weekOne townhouse leased at $370 per weekGenerating a combined rental income of $1,890 per week ($98,280 per annum), this is a genuine set-and-forget investment with multiple income streams and excellent tenant appeal.Whether you're looking to expand your portfolio or secure a quality, income-producing asset, this outstanding property delivers strong returns, low ongoing costs, and an exceptional location close to schools, shopping, parks, and everyday conveniences.Investment highlights:Five modern two-bedroom, two-bathroom townhousesFully tenanted with established rental incomeCombined rental return of $98,280 per annumStrong 6.2% gross yieldNo body corporate feesPrime New Auckland location close to schools, shopping centres, parks, and major amenitiesDon't miss this exceptional opportunity to secure a quality multi-dwelling investment in one of Gladstone's most convenient and popular residential locations. Contact Clare at Vyvid Real Estate for further information * Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.