Centrally located in Allenstown with-in walking distance to Allenstown Plaza, on the door step of the CBD and a hop skip and a jump from great schools, Margaret Place is a wonderful opportunity to add to your investment portfolio. These townhouses experience a very low vacancy rate, are showing solid returns, come with a depreciation schedule to offset earnings and with full works for strata title. Each townhouse is rented for $240/week with a total of 8 units there is approx. $100,000 P.A in rental income.

Recent renovations have modernized these townhouses and with the strata work complete, individual units can be offered for sale in the future at no cost to the new owner. Simple body corporate arrangements complement these townhouses that have been well maintained over the years, ensuring that these townhouses make a great investment.

Each townhouse has been tiled downstairs and a new kitchen really lifts the living areas with a spacious and comfortable tone. Coupled with a front courtyard and parking facilities the bottom level of these townhouses are complete. On the second level you will find two large bedrooms that have well maintained carpets and a bathroom that makes the most of the all available natural light.

Modernised townhouses in the centre of Rockhampton, minutes from the heart of the CBD and centrally located near Allenstown Plaza shops, schools (TCC, Grammar - Co-Ed and Girls, Allenstown Primary and St Peters Primary) and other facilities (Allenstown Hotel, restaurants and Speciality shops) Townhouses with character and warmth, private court yard and covered parking for your second favourite investment! Simple Body corporate for all buyers and depreciation schedule available for investors Depreciation schedule available for perusal on request approx. return $100,000 P.A.
To arrange an inspection of these units please call Todd @ Prime and please allow 24hrs notice.