1 & 2/142 Park Street, Park Avenue, Qld 4701

Two incomes, one investment, and a combined rental return of $960 per week!

Positioned in the heart of Park Avenue, this renovated duplex presents an exciting opportunity for investors looking to secure an income-producing asset with immediate returns and long-term potential.

While modest from the outside, it's what's on the inside that makes this property stand out. Both three-bedroom units have benefited from modern internal upgrades, offering comfortable, low-maintenance living that continues to attract strong rental demand.

Property Highlights:
*Two leased units, each offering three bedrooms and one bathroom
*Renovated kitchens with modern appliances
*Stylishly updated bathrooms
*Polished timber flooring and fresh internal paintwork
*Air-conditioning to living areas and main bedrooms
*Built-in wardrobes and modern window furnishings
*Fully fenced yards with outdoor space for each tenancy
*Convenient location within walking distance of Stockland Rockhampton Shopping Centre

-The Numbers That Matter-
*Unit 1: $480 per week | Leased until 2 April 2027
*Unit 2: $480 per week | Leased until 19 March 2027
*Combined Rental Income: $960 per week
*Annual Rental Income: $49,920
*Indicative Gross Yield: 6.67% at $749,000 (before expenses)

With both units already tenanted and generating income, there's no waiting to start seeing a return.

Whether you're growing an established portfolio or looking for your next investment opportunity, 142 Park Street offers a combination of income, location and modernised interiors.