163 Fitzroy Street, Allenstown
Listing data updated 20 June 2026
Positioned in one of Allenstown's most convenient locations, 163 Fitzroy Street presents a rare opportunity to secure a fully renovated, income-producing asset with a signed tenancy already in place at $900 per week. Offering immediate cash flow from settlement, this low-maintenance four-bedroom, two-bathroom home is ideal for investors seeking strong returns and a true set-and-forget investment. Conveniently located close to Rockhampton Base Hospital, CQUniversity, schools, Allenstown Shopping Centre and the CBD, the property enjoys strong tenant demand and broad appeal to hospital workers, professionals and families. Investment Highlights ● Secure tenancy in place at $900 per week ● Immediate income from settlement ● Fully renovated with nothing more to spend ● 4 bedrooms, 2 bathrooms ● Large modern kitchen with island bench ● High-demand rental location ● Strong tenant appeal ● Low-maintenance asset ● Suitable for SMSF and interstate investors ● 200m from CQ University Tafe centre ● 300m from Kerr Park ● 500m from Rockhampton Grammar School ● 600m from Rockhampton Girls Grammar School ● 600m to The Cathedral College (High School) ● 700m from Allenstown shopping centre ● 700m from Rockhampton Base Hospital ● 900m from Brown Park Stadium ● 1.3km to Rockhampton Golf Course ● 1.3Km to Rockhampton Zoo ● 2.3km from the Rockhampton Airport Quality turnkey investments with secure income and strong cash flow are increasingly hard to find. Contact Flynn Phelan today to arrange your inspection.
RealistIQ deal score
Neutral value signal
33
/100
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Market price guide is $25,000 below RealistIQ estimate
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Listing details
- Status
- Offers Over $649,000
Agent and agency
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