Back 28 Alfred Street
Off Market

28 Alfred Street

Pioneer QLD 4825

4
2
2
Block of units
Last sold for $247,000
Angeline CameronAngeline Cameron, last sold this property on 17 September 2025 after 163 days on market.

Overview

Dual-Income Investment with Strong Upside Potential

A fantastic opportunity for the savvy investor-this solid block-constructed duplex features two spacious 2-bedroom units, each offering excellent rental income and exciting scope for value-adding improvements. Currently tenanted and generating consistent returns, this property allows you to earn from day one while planning future enhancements to boost yield and capital growth. Key Features: - Solid Block Construction with Tiled Floors throughout both units – a low-maintenance foundation perfect for modern upgrades. - Split System Air Conditioning – Unit 1 includes systems in both the lounge and main bedroom, while Unit 2 is equipped in the lounge area. - Private, Fully-Fenced Yards – Each unit enjoys its own outdoor space. Unit 1 has street access to the front yard; Unit 2 enjoys a private rear yard complete with two garden sheds for added storage. - Secure Parking – A shared double carport with allocated space for each unit. Income Details: Currently Returning $25,740 p.a. Gross - Tenants already in place with leases through October 2025 (Unit 1) and May 2025 (Unit 2) - Immediate cash flow with no upfront renovation required Future Upside: While the property is well-tenanted and functional as-is, there's strong potential to increase rental returns through targeted cosmetic upgrades. Options include: - Fresh paint and modern finishes - Security screens for added tenant appeal - Updated kitchens and additional air-conditioning in bedrooms A strategic renovation could significantly elevate rental income and future resale value, making this an ideal addition to any growth-focused portfolio. Disclaimer: 4825 Realty has taken reasonable steps to ensure the accuracy of this advertisement. However, as much of the information has been provided by third parties, we accept no responsibility and disclaim all liability for any errors, omissions, or inaccuracies. Prospective purchasers should conduct their own enquiries, inspections, and seek independent legal advice.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
Block of units

Estimated Value

We need at least 3 similar 4 bedroom block of units sold in Pioneer over the last 12 months.

Property history for 28 Alfred Street

2025
Sold
$247,000
17 Sep 2025 by Angeline Cameron, of 4825 Realty

Happy sellers in Pioneer

84%
84% of sellers in Pioneer reported that their sale price either exceeded or met their price expectations.

Pioneer stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Pioneer over the last 12 months.

Local market activity for 4 bedroom block of units in Pioneer

In the last 12 months, 2 four-bedroom block of units similar to 28 Alfred Street, have been sold.

This represents a 50% decrease in four-bedroom block of units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Pioneer

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent