47 Cambridge Street

The Range QLD 4700

660 m²

House

Currently for sale - view listing

Overview

Timeless Queenslander Elegance on The Range - Blue-Chip Investment with Strong Returns

Auction | 11 July at 10:00am (Online) 6 beds 4 bathrooms 2 garage 6 onsite parking Positioned within one of Rockhampton's most prestigious and tightly held addresses, this magnificent circa-1940 Queenslander offers a rare opportunity to secure a piece of local history while enjoying exceptional income-producing potential. Nestled amongst the grand character homes that define The Range, this beautifully renovated residence combines timeless Queenslander charm with modern comfort and versatility. From the moment you arrive, you'll appreciate the craftsmanship, character and enduring appeal that have made this suburb one of Rockhampton's most sought-after locations. Surrounded by leafy streets, heritage homes, leading schools, major hospitals and beautiful parklands, this is a property that offers both lifestyle and long-term investment security. A Home Rich in Character Showcasing many of its original period features, the home exudes warmth and sophistication throughout, including: • Original pressed metal walls and ceilings • Traditional enclosed verandas' • Stunning entrance foyer with feature floor tiling • High ceilings and timeless Queenslander detailing • Beautifully renovated interiors blending heritage charm with modern convenience An Outstanding Investment Opportunity Configured as three fully furnished residences, the property delivers immediate income with quality long-term tenants already in place. Current occupants include professional tenants from the: • Medical industry • Pharmaceutical sector • Legal profession The property's proximity to major employers and healthcare facilities continues to drive strong rental demand. Property Features • Three fully furnished units • Six bedrooms in total • Four bathrooms • Two-car garage • Six additional on-site car parks • Walking distance to two major hospitals • Close to aged care facilities • Easy access to supermarkets, restaurants and clubs • Prime blue-chip location on The Range Strong Income with Future Upside Currently returning an impressive: $1,850 per week $96,200 per annum With excellent potential for future rental growth and further enhancement opportunities. Future Improvement Possibilities • Increase rental returns through periodic rent reviews • Explore additional accommodation options (STCA) • Further capitalise on the property's prime location and strong tenant appeal Location Highlights Few locations in Rockhampton command the respect and demand of The Range. Residents enjoy convenient access to: • Major hospitals and medical precincts • The Cathedral College and quality schooling options • Rockhampton Grammar School nearby • Parks and recreational facilities • Rockhampton CBD • Shopping, dining and entertainment Note: The property is listed on the 'Hospital Grid' and as such during power outages this home will have power restored priority. Properties of this character, calibre and income-producing capability rarely become available in such a tightly held location. Whether you're seeking a premium investment, a landmark property, or a strategic addition to your portfolio, this exceptional Queenslander deserves your immediate attention. Private inspections welcome Christine Norris 0408 405 851 Gabriele Wings 0403 938 007