FOR SALE
$1,250,000

1-6/77 West Street
The Range QLD 4700

Bedrooms: 13
Bathrooms: 6
Car spaces: 6
Land area: 1189m2
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Rockhampton Investor Alert: High-Yielding Block of Units in Prime Location!

Secure your future with this exceptional investment opportunity! This block of 6 units, situated in the highly desirable Rockhampton suburb of The Range, boasts a staggering annual income exceeding $100,000 per annum before outgoings!
The Property:
Comprised of 6 individual units, this property offers excellent rental potential and consistent returns.
Enjoy the convenience of an on-site swimming pool, a perfect amenity for tenants seeking a resort-style lifestyle.
Located in The Range, a sought-after Rockhampton location, ensuring long-term desirability and capital growth potential.
Why Invest?
Solid rental income with the gross exceeding $100,000 per annum.
Invest in a proven performer with a strong rental history.
Capitalise on the continued growth of the Rockhampton property market.
Simplify your investment with a well-maintained block and minimal ongoing maintenance.
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Property Details for 1-6/77 West St, The Range

1-6/77 West St, The Range is a 13 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 1189m2. The place is currently for sale with Mr Real Estate Rockhampton.

Building Type
BlockOfUnits
Land Size
1189m2

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About The Range 4700

The size of The Range is approximately 3.6 square kilometres. It has 8 parks covering nearly 16.2% of total area. The population of The Range in 2011 was 5,369 people. By 2016 the population was 5,394 showing a population growth of 0.5% in the area during that time. The predominant age group in The Range is 10-19 years. Households in The Range are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Range work in a professional occupation. In 2011, 67.2% of the homes in The Range were owner-occupied compared with 69% in 2016.

The Range has 2,150 properties. Over the last 5 years, Houses in The Range have seen a 77.80% increase in median value, while Units have seen a 42.48% increase. As at 31 October 2024:

  • The median value for Houses in The Range is $540,127 while the median value for Units is $340,968.
  • Houses have a median rent of $540 while Units have a median rent of $363.
There are currently 21 properties listed for sale, and 5 properties listed for rent in The range on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in The range.

Suburb Insights for The Range 4700

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Darcy Allen
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Mr Real Estate Rockhampton
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.