×
You have no items in your shopping cart.
Fully Tenanted Block of 4 Units | High-Yield Investment in Frenchville For Sale
Fully Tenanted Block of 4 Units | High-Yield Investment in Frenchville Fully Tenanted Block of 4 Units | High-Yield Investment in Frenchville

305 Waterloo Street, Frenchville, QLD, 4701

Fully Tenanted Block of 4 Units | High-Yield Investment in Frenchville

Block Of Units
Type
2
Bedrooms
1
Bathrooms
4
Parkings

Last updated on Wednesday, March 04, 2026 ( See property details for 305 Waterloo Street, Frenchville, QLD, 4701)

$1,600,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to acquire a fully tenanted, low-maintenance block of four units in the sought-after suburb of Frenchville, offering immediate income and future growth potential.

🏡 Property Highlights

  • Fully tenanted block of four units with immediate income
  • Generous 1,012m² corner allotment in Frenchville
  • Solid 1970’s construction offering long-term growth potential
  • Well-appointed units with air conditioning and security screens
  • No Body Corporate, simplifying holding costs
  • High-demand, blue-chip suburb with strong rental returns

✨ Key Features

  • Air Conditioning
  • Security Screens / Gates
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Low-Maintenance Yard
  • Secure Parking
  • Internal Laundry
  • Extra Storage (Shed/Linen)

Frenchville is a highly sought-after suburb known for its strong community vibe, excellent amenities, and consistent demand for rental properties. It offers convenient access to schools, parks, and shopping precincts, making it ideal for both tenants and investors. The area boasts a stable property market with promising growth prospects, making it a smart choice for long-term investment. Its peaceful environment combined with high rental yields makes Frenchville a prime location for property portfolios. With excellent infrastructure and a family-friendly atmosphere, it continues to attract discerning buyers and tenants alike.

What is the current rental income and vacancy rate for the units?
The property currently generates a combined rental income of $1,640 per week, with all four units fully tenanted, indicating a low vacancy rate.
Are there any recent renovations or upgrades to the units?
The units are well-maintained and feature modern amenities such as air conditioning and security screens, consistent with their 1970’s construction, though specific recent upgrades are not detailed.
What are the ongoing costs associated with owning this property?
Since all units are under one title with no Body Corporate, holding costs are streamlined, primarily including council rates, insurance, and maintenance.
Is there potential for future development or subdivision on the 1,012m² corner block?
Potential development opportunities would depend on local council zoning and planning regulations; prospective buyers should consult with the relevant authorities for detailed advice.
What is the condition of the property and are there any known defects?
The property is described as a solid 1970’s-built complex, well-maintained, with no specific defects mentioned; a thorough inspection is recommended.
Are there any existing easements, covenants, or zoning restrictions affecting the property? What are the potential costs for future repairs or upgrades to the units? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could impact the property? What are the long-term plans for the surrounding neighbourhood that might influence property value?

305 Waterloo Street, Frenchville, QLD, 4701 - More Details

Fully Tenanted Block of 4 Units | High-Yield Investment in Frenchville

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.
Type
Block Of Units
Bedrooms
2
Bathrooms
1
Parkings
4

Map & nearby places — 305 Waterloo Street, Frenchville, QLD, 4701

Explore 305 Waterloo Street, Frenchville, QLD, 4701 in 3D

See the photorealistic 3D view of this property and everything around it before you book an inspection.

  • Photorealistic 3D aerial & street-level flyover
  • Nearby schools, parks, shopping, transport, health & dining
  • Walking & driving routes with travel time from the front door
  • Satellite & hybrid map views, full-screen mode

Email Enquiry To Mr Real Estate - Rockhampton

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Frenchville

Real Search makes searching for your new home easy with properties for sale in Frenchville and properties for rent in Frenchville. Are you looking for specific type of property? Real Search has units for sale in Frenchville and houses for sale in Frenchville. Real Search also provides 1 bedroom block of units for sale in Frenchville, 2 bedroom block of units for sale in Frenchville & 3 bedroom block of units for sale in Frenchville. Find best real estate agents in Frenchville. You can also check real estate agencies in Frenchville. Research the property market of Frenchville with a property report and suburb profile report on Real Search.

  • Disclaimer
    Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.