6/40-42 Marten StreetSouth Gladstone QLD 4680
Property Details for 6/40-42 Marten St, South Gladstone
6/40-42 Marten St, South Gladstone is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 66m2 and floor size of 62m2.
Last Listing description (May 2023)
A neat and tidy set of 6 units with grass and concrete pathways between the units. There is a vacant block at the rear which is council land, this provides an open space to look over instead of facing another block of units.
Located near a bus stop, and a corner shop down the road, this complex is very convenient.
Currently it has a tenant in a long lease. The rent being paid on this unit currently is $220 with an increase to $230 from the 15 June 23. Right now this level of rent will generate approximately 7% return.
66m2 unit - two bedrooms both with BIR's;
Brick external walls with block fire walls between each unit;
Security screens on all windows;
A combined kitchen with servery and lounge room;
No steps for those preferring the low set units;
Disclosure Statement will be provided on request.
Private inspections to be arranged with the Agent.
Property History for 6/40-42 Marten St, South Gladstone, QLD 4680
- 04 May 2023Listed for Sale SOLD - $145,000
- 20 Oct 2022Listed for Rent - Price not available
- 10 Sep 2020Listed for Rent - Price not available
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0About South Gladstone 4680
The size of South Gladstone is approximately 3.2 square kilometres. There are 5 parks, covering nearly 9.4% of the total area. The population of South Gladstone in 2016 was 3295 people. By 2021 the population was 3476 showing a population growth of 5.5% in the area during that time. The predominant age group in South Gladstone is 50-59 years. Households in South Gladstone are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Gladstone work in a trades occupation.In 2021, 49.00% of the homes in South Gladstone were owner-occupied compared with 48.00% in 2016.
South Gladstone has 2,193 properties. Over the last 5 years, Houses in South Gladstone have seen a 94.04% increase in median value, while Units have seen a 164.98% increase. As at 31 May 2026:
- The median value for Houses in South Gladstone is $536,853 while the median value for Units is $338,296.
- Houses have a median rent of $500 while Units have a median rent of $380.
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