A generational opportunity has arrived. After 22 years of dedicated ownership, this unique, dual-title investment portfolio, positioned on a colossal 2,221m² landholding in blue-chip Frenchville, is now available. Presenting two highly stable income streams with a proven track record, this is the low-risk, high-return asset you've been searching for in the booming Rockhampton market.
Dual Titles, Single Sale: Benefit from two distinct, self-contained assets (house on one title, units on the second), offering flexibility in future financing or potential resale strategies.
Proven Stability: The units have solid, staggered leases with a minimum of 6 months remaining, guaranteeing a secure, immediate income stream. The house lease is currently being renewed with a good tenant.
Renovation De-Risking: Capital expenditure has been managed! The 4-bed house boasts a fresh, quality renovation including new paint, flooring, a fully updated bathroom, and an added second toilet, commanding premium rent.
Key Unit Upgrades: The 6 x 1-bed units are externally solid block construction and have recently received significant maintenance, including fresh paint, new flooring, and a brand-new roofreducing immediate capital outlay for the investor.
Rockhampton Advantage: With the average rental vacancy rate in Rockhampton hovering around a critical 0.7%, properties of this calibre are in hyper-demand, ensuring minimal downtime and strong rental growth potential.
LOCATION & FUTURE UPSIDE:
Situated in the highly sought-after Frenchville locale, the property is attractive to both owner-occupiers (should you ever decide to sell the house) and tenants:
Walkability: Direct access to public transport and local shops.
School Zoning: Falls within the popular and desirable Frenchville School Zone.
Massive Landholding: The 2,221m2 block, offers significant potential for a future savvy investor to investigate boundary adjustments, unit additions, or maximisation of the site.
This is more than a purchase; it's an acquisition of a powerful, diversified income-producing machine. Stop chasing marginal returns and secure a truly premium asset.
Inspection is strictly by appointment only. Contact us now for more information.
