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
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