IN-HOUSE AUCTION - 28 South Street, Rockhampton The opportunity is here! Join us for the auction of this fantastic property at 28 South Street, Rockhampton. Auction Location: 2/254 Musgrave Street, Berserker QLD 4701 Date: Saturday, 20th of June 2026 Time: 10:00am Don't miss your chance to secure this property. The owners are motivated, and the property may be sold prior to auction if the right offer is presented, so don't wait until auction day to make your move. For more information or to register your interest, get in touch today! This unique investment opportunity offers three one-bedroom units under the one roof, delivering flexibility and strong rental appeal. Positioned on a 341m² block, the property has been cleverly converted into three self-contained residences, each complete with its own bedroom, kitchen and bathroom. Two of the three units have been recently updated, featuring sleek new kitchenettes and bathrooms with fresh bench-tops, modern vanities and rainfall shower-heads. The third unit offers a larger kitchen with freestanding cooker and dishwasher, along with a separate toilet and a handy walk-in storage cupboard. All units are well appointed with timber flooring, air conditioning, ceiling fans, built-in wardrobes and security screens, ensuring comfort and low-maintenance living. Currently returning: Unit 1: $330 per week - Rental End Date - 24/9/2026 - Last Rental Increase - 27/9/2024 Unit 2: $310 per week - Rental End Date - 23/9/2026 - Last Rental Increase - 25/9/2025 Unit 3: $310 per week - Rental End Date - 19/10/2026 - Last Rental Increase - 21/10/2025 Providing a combined rental income of $950 per week. Located at 28 South Street, Rockhampton City, the property is fully fenced and includes undercover parking for two vehicles, a shared laundry, backyard space and an additional storage shed. Conveniently positioned close to the Riverside Precinct, boat ramp and Rockhampton CBD, while still enjoying a quiet setting. This property presents a versatile and high-demand investment opportunity. Property Features: Three x 1-bedroom units on one title Rental income of $950 per week Timber floorboards throughout Recently updated kitchens and bathrooms Air conditioning and ceiling fans 341m² fully fenced block Two undercover car spaces plus additional parking Shared laundry and storage shed Security screens throughout Close to Riverside Precinct and CBD Quiet, convenient location
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RealistIQ estimate range: $394,000 - $730,000Wider ranges mean more uncertainty.
RealistIQ estimate$562,000
$394,000$730,000
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