61 Boles Street
Compare with other listings
See it side-by-side · winner per row · AI verdict.
Photos via the original listing. All photographs remain the property of their respective owners.
Maps & AI
Ask StMate AI
AI Property Assistant
Ask anything about this property
Approximate location shown. Contact agent for exact address.
Gallery
Property Photos
Listing description
About this property
The Headline Figures • Total Weekly Rental Income: $1,625/week • Annual Gross Revenue: $84,500 per annum • Asset Age: Under 12 months old with a depreciation schedule prepared and available at request • Title Structure: Single Title (Five income streams, zero body corporate/strata fees) The Investment Case Purpose-built high-yield assets under 12 months old are exceptionally rare in today's market. 61 Boles Street represents a premium, low-maintenance portfolio-in-a-box, offering immediate cash flow with zero vacancy from day one. By securing five individual tenancies under one single title, you effectively eliminate the friction and overhead of traditional multi-unit investments while maximizing your risk diversification. If one tenant moves out, your asset still operates at 80% capacity. Key Asset Strengths • Premium Cash Flow & Yield: Each of the 5 fully furnished studios is currently locked into a stable lease at $325 per week. • Potential Tax Advantages: Being less than a year old a comprehensive, professional depreciation schedule has already been prepared and is available for immediate review. • Turnkey & Low Overhead: Every studio is completely furnished with high-quality, durable inclusions. Fitted with keyless digital locks, split-system air conditioning, ceiling fans, and security screens, the property is designed for hands-off, hassle-free management. • Strategic Growth Location: Situated in a high-demand pocket close to major shopping centres, medical hubs, schools, and transit links. This central convenience ensures a perpetual tenant pipeline and robust historical occupancy rates. Whether you are looking to aggressively scale your existing portfolio's yield or secure a defensive, high-performance asset with immediate returns, 61 Boles Street demands your attention. This asset is fully tenanted and ready for a seamless settlement. For a copy of the contract, tenancy agreements, or the prepared depreciation schedule, contact the listing agent, Ben Crick 0487 123 288 today. Disclaimer: All information provided in this listing is deemed reliable but is not guaranteed and should be independently verified. Ray White Gladstone makes no warranties or representations as to the accuracy, completeness, or suitability of the information contained herein, including but not limited to, property boundaries, financial figures or taxation advice. Prospective buyers are strongly advised to conduct their own due diligence, inspections, and consultations with relevant professionals before making any financial commitments.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 5
- Parking
- 5
- Land Area
- 645 m²
- Listed
- 3 weeks ago
Repayment calculator
Upfront costs
Know what you can borrow
Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.
Inspections
Interested in inspecting this property?
Check the next open inspection time or request a private viewing on Domain.
Book inspection on DomainWork at Ray White Gladstone? Claim this listing to sync your ads with StMate.
Neighbourhood
Living in West Gladstone
This 5-bedroom land in West Gladstone, QLD 4680 sits within reach of public transport, local shops and nearby schools. It is listed 119% above the $549,000 median of 63 comparable landswithin 5 km.
Schools near West Gladstone
- Gladstone West State Schoolprimary · Prep-6 · CoEd
- Gladstone State High Schoolsecondary · 7-12 · CoEd
What's nearby
- Unnamed (bus) — 298 m away
- ALDI — 329 m away
- Drive-in Park — 309 m away
- Illoura Park — 452 m away
- Kooyong Park — 560 m away
West Gladstone at a glance
Full suburb profile- Population
- 4,844
- Median age
- 40
- Household income
- $1,324/wk
- Median rent
- $230/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
Generate Property Report
Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.
Suburb market
Suburb price trend
West Gladstone price trend
Median sold · House 3 bed
Compound growth +16.3% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full West Gladstone marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
See exactly how this listing's price has moved over time— a paid feature. The figures aren't shown publicly.
Side-by-side analysis
Compare with similar properties
Similar lands in the same price range in West Gladstone and nearby — see how this property stacks up.
Within 5km