Positioned in the highly sought-after suburb of Frenchville, this impressive brick duplex presents a rare opportunity to secure a quality investment offering strong returns, low-maintenance living, and long-term growth potential. Strata titled and thoughtfully designed, the property comprises two spacious three-bedroom, one-bathroom units, each finished with modern interiors, stylish tiling, and air-conditioning to ensure year-round comfort. Functional layouts and contemporary finishes create an appealing lifestyle for tenants while offering ease and practicality for everyday living. A standout feature of the property is the terraced backyard, providing each residence with its own private outdoor retreat - ideal for entertaining, gardening, or simply enjoying the outdoors. Designed with low-maintenance living in mind, the outdoor spaces are both practical and inviting. Adding further appeal, Unit 1 features a private terrace complete with a jacuzzi spa - creating the perfect space to unwind, relax, and enjoy your own peaceful retreat in comfort and privacy. With both units securely tenanted until October 2026, the duplex delivers immediate income and outstanding future upside: • Unit 1 currently returning $490 per week, with an estimated future rental achievement of $500–$520 per week • Unit 2 currently returning $470 per week, with an estimated future rental achievement of approximately $490 per week Conveniently located close to quality schools, shopping centres, public transport, and everyday amenities, this is an exceptional opportunity for investors seeking a secure, income-producing asset in one of Rockhampton's most desirable suburbs. Offering strong rental performance, modern comfort, and long-term investment appeal, this is an opportunity not to be missed. PROPERTY FEATURES: • Individually strata titled duplex • Two spacious 3-bedroom, 1-bathroom units • Strong investment opportunity with excellent rental returns • Unit 1 currently leased at $490 per week until October 2026 • Unit 2 currently leased at $470 per week until October 2026 • Estimated future rental return of $500–$520 per week for Unit 1 • Estimated future rental return of approximately $490 per week for Unit 2
RealistIQ deal score
Strong value signal
92
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 1 & 2/408 Thozet Road, Frenchville before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $1,393,000 - $2,172,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,782,000
Market price guide$399,000
$1,393,000$2,172,000
Before you inspect, check what similar properties actually sold for.
