For Sale

1 & 2/22 Separation Street, Allenstown, Qld 4700

Offers above $699,000

Duplex Semi-detached

Type

Bedrooms

Bathrooms

Parkings

Last updated on Friday, July 31, 2026 ( See property details for 1 & 2/22 Separation Street, Allenstown, Qld 4700)

Offers above $699,000

Elizabeth Hood Principal | Director

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Jessica Bennett Sales Associate

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AI Property Insight

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

A well-maintained dual-income duplex in Allenstown offering two independent, low-maintenance residences with strong rental returns and excellent tenant appeal.

🏡 Property Highlights

Dual-income property with two independent residences
Strong combined rental income of $930 per week
Prime Allenstown location close to amenities
Low-maintenance living with excellent presentation
Separate fenced yards and lock-up garages for each unit
Immediate income generation with established rental history

✨ Key Features

Built in robes
Air Conditioning
Open-Plan Living
Outdoor Area
Garage
Ensuite
Security Screens / Gates
Fully fenced
Water tank
Pet-Friendly

Suburb and Property Insights of Allenstown, QLD 4700

Allenstown is a highly sought-after suburb in Rockhampton, renowned for its convenient access to schools, hospitals, shopping centres, and the CBD. The area offers a vibrant community atmosphere, well-maintained parks, and excellent public transport options, making it ideal for tenants and investors alike. Its strong rental demand and growth potential make it a prime location for property investment.

Frequently Asked Questions

What is the current rental income and lease status for each unit?

Unit 1 is leased at $480 per week with a lease until 25/08/2027, and Unit 2 is leased at $450 per week with a lease until 11/02/2027.

Are there any recent renovations or upgrades to the property?

Yes, Unit Two has been freshly painted throughout with near new floor coverings, and Unit One features a renovated kitchen with a breakfast bar.

What are the ongoing maintenance requirements for this property?

The property has excellent presentation with minimal ongoing maintenance, making it ideal for investors seeking low-maintenance living.

Is the property suitable for tenants with pets?

Yes, the property is pet-friendly, with fenced yards providing secure outdoor space for pets.

What amenities and services are nearby?

The property is close to schools, hospitals, shopping centres, and the Rockhampton CBD, offering convenience and accessibility for tenants.

What to ask about this property to agent?

Are there any zoning restrictions or easements affecting the property? Has a recent Building & Pest Report been conducted, and are there any issues identified? Are there any upcoming development plans or construction projects in the area that could impact the property? What are the strata or body corporate fees, if applicable? Is there any history of flooding or bushfire risk in the area? Are there any hidden costs associated with the property, such as council rates or maintenance fees? Has the property been inspected for structural defects or repairs needed? Are there any restrictions on future renovations or extensions? What are the local noise levels and neighbour relations like? Is the property compliant with all local council regulations and building codes?

1 & 2/22 Separation Street, Allenstown, Qld 4700 - More Details

Offers above $699,000

Why settle for one rental income when you can secure two?

Positioned in the heart of Allenstown, this exceptionally well-maintained dual-income property presents an outstanding opportunity for investors seeking immediate returns, strong tenant appeal and long-term growth. Generating a combined whopping rental income of $930 per week, this highset duplex has been thoughtfully designed to provide two completely independent residences, each with its own fenced yard, garage and private entrance—features that continue to attract long-term tenants.

Whether you're looking to strengthen your investment portfolio, maximise rental yield or secure a versatile asset in a tightly held location, opportunities like this are becoming increasingly difficult to find. Investment Snapshot:

Unit 1 (3 Bedroom): $480 per week
Lease renewed: 26/08/2026 - 25/08/2027
Rent Increases from $450 - $480 on 31/08/2026

Unit 2 (2 Bedroom): $450 per week
Lease Renewed: 12/08/2026 - 11/02/2027
Rent Increases from $400 - $450 on 17/08/2026

Both residences offer generous proportions, functional layouts and low-maintenance living, creating a property that is equally appealing to tenants and investors alike.

Unit One:
*Three generous bedrooms
*Main bedroom featuring his and hers built-in wardrobes
*Renovated kitchen with breakfast bar
*Air conditioning in two rooms

Unit Two:
*Freshly painted throughout
*Near new floor coverings
*Two generous bedrooms
*Spacious living and dining areas
*Modern kitchen
*Bathroom with shower over bath

Property Features:
*Highset duplex on one title
*Individually fenced yards for each residence
*Separate lock-up garages with excellent storage underneath
*Excellent presentation with minimal ongoing maintenance
*Strong rental history and continued tenant appeal
*Prime Allenstown location close to schools, hospitals, shopping and the Rockhampton CBD
An Investment That Works From Day One

With an established rental return, quality presentation and two self-contained residences offering privacy and independence, this is the type of investment that delivers immediate income while positioning you for future capital growth.

Whether you're expanding your portfolio or purchasing your first investment, 22 Separation Street is a smart acquisition in today's market.

Contact Jessica or Elizabeth today to arrange your inspection or request the full property information pack, including rental information, Building & Pest Report and Seller Disclosure Statement.

Type: Duplex Semi-detached
Bedrooms: 5
Bathrooms: 2
Parkings: 2

Email Enquiry To Elite Real Estate Agency Rockhampton

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Elizabeth Hood

Jessica Bennett

1 & 2/22 Separation Street, Allenstown, Qld 4700

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