Todd Brandon 0411 038 597

Two unit rental investment showing high yield

200 Elphinstone Street, Berserker


4    2    2  



Property Information

  • Land area approx 809sqm


Canny investors should see this two unit property as an opportunity to enter the Rockhampton rental market at a budget price. Realising $380 per week, the investment shows a 9.9% gross annual yield on the asking price. Both bathrooms have been recently renovated and the property has sufficient original features for sympathetic renovation to further increase returns in the rising rental market.

Queenslander home converted to two 2 rental unitsEach unit has 2 good-sized bedrooms and long living roomFully functional eat-in kitchen in each unitBoth bathrooms recently renovated, separate toiletsUnit 1 currently rented at $180 per weekUnit 2 has air conditioner and ceiling fan, rents at $200 per week$19,760 represents 9.9% annual gross return on asking priceFully fenced level block of 809m2Hardwood floors and other original features suit renovationGolden opportunity to take advantage of the rising rent market

Property Features

  • Uncovered Carspaces 2
  • Nearby Government Schools
  • Nearby Private Schools


Capricornia (Rockhampton Campus) School of Dist Ed


Berserker Street State School, Mount Archer State School, Lakes Creek State School, Frenchville State School, Park Avenue State School, Glenmore State School, Depot Hill State School & The Hall State School


North Rockhampton State High School, Glenmore State High School & Rockhampton State High School


Rockhampton North Special School & Rockhampton Special School


Kingsley College, Lighthouse Christian School, Heights College & The Rockhampton Grammar School


St Mary's Catholic Primary School, St Anthony's Catholic Primary School, St Joseph's Catholic Primary School & St Joseph's Catholic Primary School


Emmaus College & The Cathedral College
* Nearby schools are selected based on straight-line distance only.

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