47 Cambridge Street, The Range, Qld 4700

It's not often you find a beautifully renovated character home in The Range that delivers this kind of return, while also offering the space and flexibility of six bedrooms, two kitchens and four bathrooms.
Now offered at $1,300,000 and currently generating $1,850 per week ($96,200 p.a.), it represents an attractive gross yield of approximately 7.4% on the current rent.
Fully furnished and beautifully updated, this impressive circa-1940 Queenslander combines genuine character with an established income. With six bedrooms, two kitchens, four bathrooms and extensive car accommodation, there is an exceptional amount of space and flexibility here, whether you're considering the property as an investment, a substantial family home or somewhere that could comfortably accommodate multiple generations.
Positioned directly opposite Benevolent Aged Care and just minutes from Rockhampton's major hospitals, leading private schools and the CBD, the location adds another layer of appeal for both investors and owner-occupiers.
• Strong Current Return: Currently returning $1,850 per week ($96,200 p.a.), equating to an approximate 7.4% gross yield at the $1.3 million asking price. Scheduled rental increases to $1,960 per week and $2,040 per week further strengthen the future income profile.
• Beautifully Renovated Character: Original pressed metal ceilings, classic VJ walls and traditional Queenslander character are complemented by an extensive modern renovation.
• Fully Furnished & Ready to Go: Offered fully furnished with established long-term tenants in place, providing investors with an already income-producing property.
• Exceptional Space & Flexibility: With six bedrooms, two kitchens, four bathrooms and six-car accommodation, there is plenty of room for larger or extended families, multi-generational living or simply those who value having extra space and flexibility.
• Strategic Range Location: Directly opposite Benevolent Aged Care and only minutes from Rockhampton's major hospitals, private schools and CBD.

Whether you're looking for a strong income-producing investment, a substantial family home, or a property with the space to bring multiple generations together, 47 Cambridge offers a rare combination of character, space, location and return.
Private inspections are welcome. Give me a call and I'd be happy to take you through or can do a video for out of town enquiries.