FOR SALE
$1,000,000

305 Waterloo Street
Frenchville QLD 4701

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 1012m2
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Tenanted Investment Opportunity: Set of Units with Air Conditioning

Welcome to a hassle-free investment in a prime location! This set of units is fully tenanted, providing a stable income stream from day one. Each unit is equipped with air conditioning and security screens ensuring tenant satisfaction and retention.
The owner is currently undergoing renovations on the units as they come available.
There are 4 x 2-bedroom units in total situated on a large corner block this is a perfect opportunity to Unlock the potential of your investment portfolio today! Reach out for more information and secure your future returns.
Information as required:
Rates $6000 per half year
Rent return is currently $1,155 per week
Building size 320m2
Land size 1012m2
Built in the 1970's
8 bed 4 bath 4 car
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Property Details for 305 Waterloo St, Frenchville

305 Waterloo St, Frenchville is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1012m2. The place is currently for sale with Mr Real Estate Rockhampton.

Building Type
BlockOfUnits
Land Size
1012m2

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About Frenchville 4701

The size of Frenchville is approximately 8.6 square kilometres. It has 7 parks covering nearly 3.1% of total area. The population of Frenchville in 2011 was 9,159 people. By 2016 the population was 9,016 showing a population decline of 1.6% in the area during that time. The predominant age group in Frenchville is 0-9 years. Households in Frenchville are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frenchville work in a professional occupation. In 2011, 69.6% of the homes in Frenchville were owner-occupied compared with 70.2% in 2016.

Frenchville has 4,056 properties. Over the last 5 years, Houses in Frenchville have seen a 82.60% increase in median value, while Units have seen a 73.56% increase. As at 31 August 2024:

  • The median value for Houses in Frenchville is $519,135 while the median value for Units is $341,528.
  • Houses have a median rent of $520 while Units have a median rent of $360.
There are currently 28 properties listed for sale, and 4 properties listed for rent in Frenchville on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Frenchville.

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Jason Rayner
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Mr Real Estate Rockhampton
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