Does Size Matter?

It certainly does with property.
At 1285 sqm this property is around 20% larger than many in the area and that provides a number of profitable options.
1) Sit back and collect the $720/week rent (that’s whopping 7.31%).
2) Exercises the fully council approved DA and significantly increase your returns.
3) Apply for an alternate DA.
Ideally located in Murray Street, Rockhampton, this high set Queenslander comprises two 2 bed flats and two 1 bed flats (approximately 250 sqm under roof).
The property was extensively renovated in 2005 / 2006.
The DA allows for two 3 bed, 2.5 bath town houses (approx 350 sqm total).
This is truly a golden opportunity.

Property Features

Air Conditioning • Close to Transport • Close to Shops • Close to Schools • Close to Parklands • Pet Friendly • Level Lawn • Renovated Kitchen • Renovated Bathroom • Renovated • Gas Enabled • 

Property Details

Type: Residential Sale
Price: $512,500
Suburb: ALLENSTOWN
State: QLD
Postcode: 4700
Property Type: House
Bedrooms: 6
Bathrooms: 4
Carspaces: 5
 

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