138 Park St, Park Avenue is a 10 bedroom, 4 bathroom Unit with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 10 bedroom Unit sold in Park Avenue in the last 12 months.
Are you looking for opportunity and potential? This could be it.
We are presenting an enticing opportunity to invest in two duplex properties located in Rockhampton, Central Queensland. These properties, circa 1960, offer two and three-bedroom units and are situated on 809m2 allotments.
Rockhampton, known as the Beef Capital of Australia and a significant regional center, the duplexes boast potential for value addition and increased yield, given the area's growth prospects and the current low rental vacancy rates nationwide.
Highlighted features of the properties include near-new roofs, hardwood framing and floors, 20-meter frontages with slight grades, partial air conditioning, separate courtyards, and individual carports.
Close Proximity and walking distance to Kershaw Gardens, Rockhampton Shopping Fair Precinct, Cinema's and Restaurants Good potential exists for redevelopment, subject to local government approvals, in one of Queensland's fastest-growing corridors.
Properties of this style and position do not come to the market often.
Secure one or both duplexes as an investment for one's financial future.
The size of Park Avenue is approximately 4.6 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Park Avenue in 2011 was 5,366 people. By 2016 the population was 5,089 showing a population decline of 5.2% in the area during that time. The predominant age group in Park Avenue is 20-29 years. Households in Park Avenue are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Avenue work in a trades occupation. In 2011, 60.3% of the homes in Park Avenue were owner-occupied compared with 61.8% in 2016.
Park Avenue has 2,668 properties. Over the last 5 years, Houses in Park Avenue have seen a 104.70% increase in median value, while Units have seen a 62.65% increase. As at 31 October 2024:
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