SOLD
Sold on 22 Apr 2024 for $555,000

223 Frenchville Road
Frenchville QLD 4701

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 465m2
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Property Details for 223 Frenchville Rd, Frenchville

Building Type
Commercial
Land Size
465m2
Local Government
Rockhampton Regional
Lot/Plan
2/RP608889

Last Listing description (June 2024)

Are you an investor looking to maximise your returns? Look no further, we have the opportunity for you! This unique property is currently bringing in two separate rental incomes, returning $900 per week.

The property is made up of both a three-bedroom, one-bathroom home and a separate shopfront on the one title in the heart of leafy Frenchville.

The home quietly tucked away at the rear of the property is a sizable surprise ready to be discovered. Boasting three great-sized air-conditioned bedrooms, two living areas and an ample open-plan kitchen/dining space.

Finished in a neutral colour scheme, complemented by timber polished floors, this abode has a homely and spacious layout, complemented with a low-maintenance courtyard. Currently tenanted for $350/week.

The other portion of the property is currently leased to a local caf business, the shopfront is situated with direct frontage to Frenchville Road with ample parking spaces out front, and Frenchville State School across the street.

Boasting a kitchen space, retail counter area, and large open plan room currently set up as a dine-in caf. Leased until December 2024 (1 year with option of 2+). $550/week + 50% outgoings - council rates.

Call today for more information!

*** EXISTING BUSINESS NOT FOR SALE ***

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Property History for 223 Frenchville Rd, Frenchville, QLD 4701

A timeline of how this property has performed in the market
Last Sold
$555,000
22 Apr 2024
Listed for Rent
01 Apr 2024
  • 22 Apr 2024
    Sold for $555,000
  • 24 Mar 2024
    Listed for Rent $400 / week
  • 01 Feb 2024
    Listed for Sale Expressions of Interest
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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 4,033 properties. Over the last 5 years, Houses in Frenchville have seen a 84.18% increase in median value, while Units have seen a 64.52% increase. As at 30 September 2024:

  • The median value for Houses in Frenchville is $529,606 while the median value for Units is $367,483.
  • Houses have a median rent of $520 while Units have a median rent of $360.
There are currently 31 properties listed for sale, and 8 properties listed for rent in Frenchville on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Frenchville.

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