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Apartment
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An Exceptional Investment with Three Income Producing Residences
Midgee, Rockhampton Regional
· 7 Bedrooms · 4 Baths · Apartment
· Parking
Midgee, Rockhampton Regional · 7 Bedrooms · 4 Baths · Apartment · Parking
Properties that combine strong cash flow, premium location and long-term capital growth potential are becoming increasingly difficult to find. Positioned on a generous 1,396sqm allotment in one of Rockhampton's most prestigious suburbs, 25 Pennycuick Street presents a truly outstanding opportunity to secure an asset that delivers immediate income while offering exceptional future potential. Comprising three separate residences, this unique property is currently generating an impressive gross appraised rental income of approximately $92,000 per annum, providing purchasers with an established income stream from day one. With opportunities to review rental returns as existing leases expire, there is also potential to further strengthen the property's investment performance over time. At the rear of the property sits a spacious family home offering three generous bedrooms, two bathrooms, a dedicated study or nursery, expansive open-plan living and dining areas, and secure double garage acc
Properties that combine strong cash flow, premium location and long-term capital growth potential are becoming increasingly difficult to find. Positioned on a generous 1,396sqm allotment in one of Rockhampton's most prestigious suburbs, 25 Pennycuick Street presents a truly outstanding opportunity to secure an asset that delivers immediate income while offering exceptional future potential. Comprising three separate residences, this unique property is currently generating an impressive gross appraised rental income of approximately $92,000 per annum, providing purchasers with an established income stream from day one. With opportunities to review rental returns as existing leases expire, there is also potential to further strengthen the property's investment performance over time. At the rear of the property sits a spacious family home offering three generous bedrooms, two bathrooms, a dedicated study or nursery, expansive open-plan living and dining areas, and secure double garage acc
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