Sold
Block of Units

87 Upper Dawson Road Allenstown, QLD 4700

Sold on 25 Jan 2016
  • 13 Beds
  • 11 Baths
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Block of Units in Allenstown

Potential Income of over $100 000 a Year

  • 13 Beds
  • 11 Baths

This would have to be Rockhampton's rarest investment. Set on a huge 1545m2 allotment this property offers 10 individual studio apartments as well as an additional Church which has been transformed into a 3 bedroom residence. This is all ideally located within walking distance to the hospitals, public and private schools and the Allenstown shopping complex.
The apartments and residence are situated on separate lots, giving you further options.
• 10 studio apartments - 6 of which currently rented at $180 per week
• Residence rent appraised at $280 per week
• Lots 1-2 on RP606106
• Quality long term tenants in place
• Convenient Allenstown location
This is not your everyday property and lends itself to potential buyers such as investors, developers and business' requiring accommodation for a workforce just to name a few.
You do the math! The return is incredible. Inspections are welcomed.

Land:

1,545m² / 0.38 acres

Bedrooms:

13

Bathrooms:

11

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Suburb

Allenstown

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