9/2 Railway Street, West Gladstone, QLD 4680 | Property Value & History | OnTheHouse
OFF MARKET

9/2 Railway Street
West Gladstone QLD 4680

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 58m2
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Property Details for 9/2 Railway St, West Gladstone

9/2 Railway St, West Gladstone is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 58m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1985
Floor Size
58m2
Land Size
58m2
Local Government
Gladstone Regional
Lot/Plan
9/BUP60102

Last Listing description (October 2023)

Calling All Astute Investors that are looking for a large Unit Holding in the CBD of Gladstone - Welcome to "Como Apartments" at 2 Railway Street West Gladstone!

This impressive property is a rare find, offering a unique opportunity for investors to secure 1,2,3 or maybe 10 of 12 Units ( 8 x 2 Bedrooms and 2 x 1 Bedrooms).

Situated in a prime location, this block of units boasts a total of 18 bedrooms, 10 bathrooms, and 10 toilets, and are very well presented.

Constructed in 1982, this property has stood the test of time and offers a solid foundation for its new owners.

The interior of this property is designed for convenience and comfort. Each unit features built-in robes, ensuring plenty of storage space. With air conditioning and split system heating, you can enjoy a comfortable climate all year round. The internal laundry adds to the convenience, making everyday chores a breeze and each Unit is fully self-contained and only a short stroll to the CBD.

The exterior of the property is equally impressive. The complex has a 6ft security fence and electric gate for peace of mind and has low-maintenance outdoor entertainment areas.

Location is key, and this property does not disappoint. With the city right on your doorstep and close proximity to amenities such as shops, schools, and public transport makes daily life a breeze.

Priced between $149,000 for the 1 Bedroom Apartments to $189,000 for the 2 Bedroom Apartments, this property is an excellent investment opportunity.

Whether you are looking to expand your property portfolio by 1 or 2 Units or buy the whole 10 Units, this block of units offers endless possibilities.

The Units are currently in a Rental Pool with "Como Apartments" and are leased nightly, weekly or monthly and there is a local manager that handles the bookings, maintenance and cleaning.

Current Rental Appraisal for a Longer Term Lease - 1 Bedroom Apartment $240-$255 per week
2 Bedroom Apartment $265-$285 per week

Council Rates approximately $2600p.a. for each property.

Body Corporate Fees $2273p.a. each.

Don't miss out on this rare gem! Contact the Marketing Agent - Steven James on 0439 111 197 today to arrange a private viewing and secure your future with this impressive property.

Property History for 9/2 Railway St, West Gladstone, QLD 4680

A timeline of how this property has performed in the market
Last Sold
$149,500
16 Oct 2023
  • 20 Oct 2023
    Listed for Sale OFFERS AROUND $149,000 CONSIDERED
  • 16 Oct 2023
    Sold for $149,500
  • 28 Jun 2006
    Sold for $785,000
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About West Gladstone 4680

The size of West Gladstone is approximately 7.1 square kilometres. It has 16 parks covering nearly 14.1% of 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 2,851 properties. Over the last 5 years, Houses in West Gladstone have seen a 94.37% increase in median value, while Units have seen a 146.37% increase. As at 31 March 2026:

  • The median value for Houses in West Gladstone is $492,339 while the median value for Units is $379,791.
  • Houses have a median rent of $493 while Units have a median rent of $400.
There are currently 46 properties listed for sale, and 29 properties listed for rent in West gladstone on OnTheHouse. According to Cotality's data, 223 properties were sold in the past 12 months in West gladstone.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.