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1/157 Parry St

Charleville QLD 4470

2
1
2
885 m²
House
Currently for sale - view listing

Overview

PRICED INVESTOR DUPLEX CLEAR UPSIDE, BUILDING REPORT AVAILABLE

Firm Price: $235,000 Address: 157 Parry Street, Charleville QLD This duplex presents a genuine value-add investment opportunity for buyers who understand older housing stock and are prepared to complete essential maintenance in exchange for strong rental upside. Set on one title, the property comprises two self-contained units, each currently tenanted and generating income, with a documented rental increase scheduled for June 2026. The Numbers Current rent: $155 per week per unit Scheduled rent from June 2026: $250 per week per unit Future gross potential: $26,000 per annum Firm asking price reflecting condition and works required The Opportunity This property looks like it needs more work than it does and that is where the value lies. A recent building inspection has been completed in June 2025 and is available to buyers, clearly outlining the scope of works required so investors can assess, plan, and price accordingly. Key Items Identified *Roof requires screwing, cleaning and repainting * Some roof battens show water staining * Restumping required (steel posts showing deterioration at base) * Windows require re-puttying * Rear downpipe requires repair * General external maintenance consistent with the age of the building Importantly, the property is considered typical for its age and construction, with no unexpected or concealed issues noted beyond what is outlined in the report. Why This Makes Sense * Duplex on one title * Clear pathway to improved yield * Building report available upfront * Price reflects condition no guessing * Strong rental uplift already identified This is not a turnkey investment. It is a straightforward opportunity for investors seeking equity creation, rental growth, and long-term hold potential in a regional market. Serious buyers are encouraged to review the building report and make enquiries accordingly. ? Contact Becky Jeisman for further information, access to the report, or to discuss suitability.

Features

2 bedrooms
1 bathroom
2 carspaces
885 m² lot size
House

Property history for 1/157 Parry St

2020
Rented
Undisclosed
Leased on 10 Jun 2020 by Ray White Charleville

Happy sellers in Charleville

~%

We have insufficient information to provide an overview of customer satisfaction for Charleville. Viewing the agent profiles, reviews and sales for Charleville can provide insights for this location.

Local market activity for 2 bedroom houses in Charleville

In the last 12 months, 8 two-bedroom houses similar to 1/157 Parry St, have been sold.

This represents a 33% decrease in two-bedroom houses sales when compared to the previous 12 months.

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