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28 South Street

Rockhampton City QLD 4700

3
3
2
341 m²
House
Currently for sale - view listing

Overview

Positively Geared at $950 a Week!

This unique investment opportunity offers three one-bedroom units under the one roof, delivering flexibility and strong rental appeal. Positioned on a 341m² block, the property has been cleverly converted into three self-contained residences, each complete with its own bedroom, kitchen and bathroom. Two of the three units have been recently updated, featuring sleek new kitchenettes and bathrooms with fresh bench-tops, modern vanities and rainfall shower-heads. The third unit offers a larger kitchen with freestanding cooker and dishwasher, along with a separate toilet and a handy walk-in storage cupboard. All units are well appointed with timber flooring, air conditioning, ceiling fans, built-in wardrobes and security screens, ensuring comfort and low-maintenance living. Currently returning: Unit 1: $330 per week - Rental End Date - 24/9/2026 - Last Rental Increase - 27/9/2024 Unit 2: $310 per week - Rental End Date - 23/9/2026 - Last Rental Increase - 25/9/2025 Unit 3: $310 per week - Rental End Date - 19/10/2026 - Last Rental Increase - 21/10/2025 Providing a combined rental income of $950 per week. Located at 28 South Street, Rockhampton City, the property is fully fenced and includes undercover parking for two vehicles, a shared laundry, backyard space and an additional storage shed. Conveniently positioned close to the Riverside Precinct, boat ramp and Rockhampton CBD, while still enjoying a quiet setting. This property presents a versatile and high-demand investment opportunity. Property Features: Three x 1-bedroom units on one title Rental income of $950 per week Timber floorboards throughout Recently updated kitchens and bathrooms Air conditioning and ceiling fans 341m² fully fenced block Two undercover car spaces plus additional parking Shared laundry and storage shed Security screens throughout Close to Riverside Precinct and CBD Quiet, convenient location

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
341 m² lot size
House

Property history for 28 South Street

2024
Sold
Undisclosed
30 Jun 2024 by Arna-Leigh Brazier, of Mr Real Estate Rockhampton
2019
Sold
Undisclosed
Private Sale/Treaty on 08 May 2019 by Dan Ware, of Mr Real Estate Rockhampton

Happy sellers in Rockhampton City

~%

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

Local market activity for 3 bedroom houses in Rockhampton City

In the last 12 months, 25 three-bedroom houses similar to 28 South Street, have been sold.

This represents a 8% decrease in three-bedroom houses sales when compared to the previous 12 months.

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