28 South Street, Rockhampton CityQLD 4700

This well-presented rooming accommodation investment offers a fantastic opportunity to secure a high-yield property in a convenient inner-city location. Configured to provide three self-contained accommodation rooms under one roof, the property delivers strong rental appeal with low-maintenance living. Two of the rooms have been recently updated with modern kitchenettes and stylish bathrooms, featuring new benchtops, contemporary vanities and rainfall showerheads. The third room offers a larger kitchen complete with a freestanding cooker and dishwasher, along with a separate toilet and a practical walk-in storage cupboard. Each room is fitted with timber flooring, air conditioning, ceiling fans, built-in wardrobes and security screens, providing comfortable accommodation for occupants. Currently returning: Room 1: $330 per week – Lease End Date: 24/09/2026 – Last Rental Increase: 27/09/2024 Room 2: $310 per week – Lease End Date: 23/09/2026 – Last Rental Increase: 25/09/2025 Room 3: $310 per week – Lease End Date: 19/10/2026 – Last Rental Increase: 21/10/2025 Providing a combined rental income of $950 per week. Positioned at 28 South Street, Rockhampton City, the property sits on a fully fenced allotment and includes undercover parking for two vehicles, shared laundry facilities, a backyard area and an additional storage shed. Conveniently located close to the Riverside Precinct, boat ramp and Rockhampton CBD, this is an excellent opportunity for investors seeking a strong-performing rooming accommodation asset. Property Features: Combined rental income of $950 per week Three self-contained accommodation rooms Recently updated kitchenettes and bathrooms Timber floorboards throughout Air conditioning and ceiling fans 341m² fully fenced allotment Two undercover car spaces plus additional off-street parking Shared laundry and storage shed Security screens throughout Convenient location close to the Riverside Precinct and CBD