305 Waterloo Street
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About this property
An exceptional opportunity to secure a fully tenanted block of four units in the ever-popular suburb of Frenchville. Offering immediate income and long-term growth potential, 305 Waterloo Street is a smart addition to any investment portfolio. Situated on a generous 1,012m² corner allotment, this solid 1970's-built complex comprises four 2-bedroom units, delivering a combined rental return of $1,640 per week from day one. Each unit is well-appointed with air conditioning and security screens, helping ensure ongoing tenant comfort and retention. With all units under the one title and owned by a single owner, there is no Body Corporate, keeping holding costs simple and streamlined. Investment Snapshot: * 4 x 2-bedroom units * 8 bedrooms | 4 bathrooms | 4 car accommodation * Fully tenanted returning $1,640 per week * Approx. 320m² building size * 1,012m² corner block * Solid 1970's construction * No Body Corporate Opportunities to secure an entire complex in a blue-chip, high-demand suburb like Frenchville are rare. Whether you're expanding your portfolio or seeking strong cash flow, this property delivers scale, simplicity and solid returns. Contact me today for further information or to arrange an inspection. Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspections or otherwise.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 4
- Land Area
- 1012 m²
- Listed
- Today
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Neighbourhood
Living in Frenchville
This 2-bedroom land in Frenchville, QLD 4701 sits within reach of public transport, local shops and nearby schools. It is listed 169% above the $595,000 median of 72 comparable landswithin 5 km.
Schools near Frenchville
- Rockhampton North Special Schoolcombined · Prep-12 · CoEd
- Frenchville State Schoolprimary · Prep-6 · CoEd
- North Rockhampton State High Schoolsecondary · 7-12 · CoEd
What's nearby
- Unnamed (bus) — 445 m away
- Unnamed — 499 m away
- Yewdale Park — 386 m away
- "The Flat" Park — 393 m away
- Sebastopol Street Park — 465 m away
Frenchville at a glance
Full suburb profile- Population
- 8,982
- Median age
- 37
- Household income
- $1,726/wk
- Median rent
- $300/wk
- Median mortgage
- $1,473/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Frenchville price trend
Median sold · House 3 bed
Compound growth +18.1% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Frenchville marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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