50B-50D Main Street, Park Avenue QLD 4701

This property would possibly have the best rental returns in Rockhampton and the safety of 4 separate tenants.
Located in the popular Park Avenue shopping Precinct.
This brick residential/commercial complex that consists of
A double storey home with internal stairs - The top level features 3 bedrooms, a sleepout, a spacious lounge, bathroom, separate toilet and a family area around the internal stairs - This top floor area features pine walls, high ceilings, ceiling fans, excellent carpet floor coverings and good paintwork.
Internal stairs lead to a large open plan dining area, a modern kitchen with and island bench and a gas stove, a lattice enclosed covered out door entertaining area -
Rental Details are

Dwelling - Excellent tenant paying $400 per week. Lease expiry date 21/5/2026

Shop1 - Owner advises that there is no formal lease tenant pays $200 per week and has ben at the property for over 20 years.

Shop 2 - Owner advises that there is no formal lease tenant pays $200 per week and has ben at the property for over 5 years.

Shop 3 - Owner advises that there is no formal lease tenant pays $60 per week and has ben at the property for over 40 years.

Rockhampton Regional Council Rates are $5352.15 per half year.

Our rental estimate for this property would be $200.00 per week to $250.00 per week for each of the 3 shops and a rental of $400.00 per week for the dwelling.