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12 East Street Rockhampton City, QLD 4700

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12 East Street,
Rockhampton City, QLD 4700

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Unique Investment Opportunity

Rockhampton’s CBD & Riverside precinct is evolving before our eyes. New high rise apartment buildings dot the landscape, new projects to expand existing entertainment facilities are slated for commencement in the very near future, with generous incentives being offered to Developers at present, by the local Council. The top end of East Street is bound to become a hive of activity and now is the time to seize the opportunity to secure a freehold building amongst it.

Originally constructed in the 1880’s for the Fire Brigade and Ambulance, this building is unique in every way. At street level a Commercial Tenancy is in place, upstairs is a two bedroom residence with a great long term tenant giving the property dual incomes. Take advantage of the affordable asking price and enviable location and secure this unique opportunity today.

• 314m2 land area, rear lane access
• Downstairs income $1800 p/m gross, 3 year lease + 3 year option
• 4% annual rise
• Upstairs resident pays $245 p/w
• Neat 2 bedroom loft style apartment with modern kitchen and bathroom
• Garage included for upstairs tenant
• Freshly painted recently throughout

Property ID: 501046531Last Updated: 22 Apr 2014

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12 East Street
Rockhampton City, QLD 4700
Ray White Commercial - Rockhampton
222 Bolsover Street .
ROCKHAMPTON CITY, QLD 4700

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