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196 Murray Street, Allenstown, 4700, Queensland

$525,000
6
4
4

Property Id - HS174109
Click to enlarge (4 photos)

Desgin Real Estate

28 Victoria Parade Rockhampton QLD 4700
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Price
$525,000
Bedrooms
6
Bathrooms
4
Car Spaces
4
Car Space Type
-
Property Type
Unit / Flat
Dwelling Size
-
Land Size
285 m2

High Returns plus option to increase

Smack bang in the middle of town. This is an excellent opportunity to buy an already established renovated block of 4 units returning $705pw, with approvals in place to build 2 town houses at the rear of the property to increase returns even further.

- 1285 SQM SITE
- APPROVED & STAMPED DA FOR 2 LUXURY 3 BEDROOM TOWNHOUSES
- PLANS & DRAWINGS INCLUDED
- ALL YOU HAVE TO DO IS START BUILDING

The existing units consist of 2 x 2 Bedroom units & 2 x 1 Bedroom units.
Each has a brand new kitchen, renovated bathrooms, new floating floors, freshly painted interiors & exterior, air conditioning & fans.

These units are within walking distance to the city heart or Allenstown. They are consistently rented with long term tenants.


**A Sustainability Declaration is available upon request for this property - please contact the agent or this office for a copy**

Property Code: 452

More Features

Outdoor Features
view+
Carports 4 Remote Garage -
Outdoor Entertaining Area - Shed -
Balcony - Secure Parking -

Inspection Times

  1. Please contact the agent to make an inspection.

Street Statistics

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Street statistics for Murray Street, Allenstown

Dwelling Type Lowest Median Highest Growth
Houses $191,000 $246,000 $476,000 5.98 %
Units $163,000 $235,000 $384,000 -8.07 %
Disclaimer: © Residex Pty Ltd

Suburb Statistics

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Median House Value: $272,500

Median Unit Value: $265,000

House Median GraphUnit Median Graph
Measurement Houses Units
Median Value $272,500 $265,000
Median Weekly Rent (Gross) $315 $265
Suburb Rental Yields 6.02 % 5.22 %
Annual Number Of Sales 55 12
Average Vendor Discounting 4.76 % N/A
Average Listing Duration 63 days N/A
Disclaimer: © Residex Pty Ltd
Find out which suburbs are predicted to have the best Capital GrowthGet Report
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Disclaimer: © Residex Pty Ltd

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1 Suburb data provided by Residex Pty Ltd
2 Suburb Home Ownership and Population data created by Residex Pty Ltd, using data provided by ABS (2006)

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