3/20 Geraldine StreetWest Gladstone QLD 4680
Property Details for 3/20 Geraldine St, West Gladstone
3/20 Geraldine St, West Gladstone is a 7 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1972. The property has a land size of 837m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Last Listing description (June 2025)
This well-maintained unit complex presents an outstanding opportunity for the savvy investor to secure all four residences on a single title-eliminating the need for Body Corporate fees. The property is now surplus to requirements of the current owner and is ready for its next chapter.
Centrally located in West Gladstone, the property is positioned within approximately 3km of key amenities including the Gladstone Hospital, Night Owl Shopping Centre, East Shores precinct and Marina Parklands, CQUniversity campus, and both primary and secondary schools.
Set on an 837m allotment, the complex comprises:
One x 1-bedroom unit
Communal laundry
Four carports under one roof
Constructed from solid, low-maintenance Besser block, each residence features open-plan living, generous bedrooms, and durable floor tiling throughout. The property is designed for ease of upkeep, both inside and out, with minimal yard maintenance required.
While well-maintained and structurally solid, the complex would benefit from some cosmetic improvements and general TLC-presenting a great opportunity to add value and enhance rental returns.
Key Features:
Four units on one title
No Body Corp fees
Head Lease by Anglicare.
Current Annual return $56,000
From 1st July 2025 $62,000 per annum
Landlord and Building Insurance $3171 per annum
Rates and water $10,516 per annum
Solid Besser block construction
Low maintenance 837m site
Open plan living with tiled flooring throughout
Close to hospitals, shops, schools, university, and marina
Strong rental potential with scope for value-adding through refurbishment
Opportunity to Strata Title
Whether you're looking to kickstart your investment journey or expand your existing portfolio, this complex offers reliable returns and long-term potential
For viewing please contact the agent
Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.
Property History for 3/20 Geraldine St, West Gladstone, QLD 4680
- 15 May 2025Sold for $800,000
- 09 May 2025Listed for Sale $800,000
- 07 Dec 2020Sold for $345,000
Recent sales nearby
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0About 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.
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