RENTS PAID REGARDLESS OF OCCUPANCY: UNDER LONG TERM LEASE WITH QUEST HOTELS*** INVESTORS ONLY NO MANAGEMENT OR LETTING FEES. 2 BED- TWIN KEY INTERCONNECTING ROOM FEATURING 2 BATHROOMS, FULL KITCHEN AND SECOND KITCHENETTE. PLEASE PHONE OR EMAIL FOR DETAILED INFORMATION Lease Details: Current Rent: $677 per week / $35,248 per annum Return: 7.19% Gross- 6.17% Net Rent Increases as follows: Oct 2026 + 4%= $36,648 Oct 2027 + 4%= $38,124 Oct 2028- Market Review. Lease Terms: Lease to September 2028 plus 5 x 5 year options Rent Increases: 4% annually (except market review year) Approximate Owner Outgoings: Council Rates: $2790 per annum. (approx) Water Rates: Included in council rates Body Corporate Administration fee: Paid by tenant Body Corporate Sinking fund: $2200 per annum Disclaimer. The information provided herein, and any further information supplied, is provided by way of example only. It is intended as general information only and is not to be construed as investment, legal or taxation advice. Potential investors are encouraged to seek the advice of their legal, financial and other advisors prior to investing, so as to determine whether this type of investment is suitable for their specific needs. The information contained has been provided to me by the vendors or third parties. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
RealistIQ deal score
Strong value signal
92
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 105/48 Victoria Parade, Rockhampton City 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: $721,000 - $1,124,000Wider ranges mean more uncertainty.
RealistIQ estimate$923,000
Market price guide$490,000
$721,000$1,124,000
Before you inspect, check what similar properties actually sold for.