{"Slug":"duplex-semi-detached-1-2-22-separation-street-allenstown-qld-4700","CanonicalUrl":"https://realsearch.com.au/duplex-semi-detached-1-2-22-separation-street-allenstown-qld-4700","Address":"1 & 2/22 Separation Street, Allenstown, Qld 4700","Suburb":"Allenstown","State":"QLD","Postcode":"4700","PropertyType":"Duplex Semi-detached","Status":"Sold","Headline":null,"Description":"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 weekLease renewed: 26/08/2026 - 25/08/2027Rent Increases from $450 - $480 on 31/08/2026Unit 2 (2 Bedroom): $450 per weekLease Renewed: 12/08/2026 - 11/02/2027Rent Increases from $400 - $450 on 17/08/2026Both 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 roomsUnit Two:*Freshly painted throughout*Near new floor coverings*Two generous bedrooms*Spacious living and dining areas*Modern kitchen*Bathroom with shower over bathProperty 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 CBDAn Investment That Works From Day OneWith 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.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Contact agent"},"Bedrooms":"5","Bathrooms":"2","Parking":"2","Features":[{"Name":"Bedrooms","Value":"5"},{"Name":"Bathrooms","Value":"2"},{"Name":"Carports","Value":"2"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":null,"Longitude":null,"Agent":{"Name":"Elizabeth Hood","CanonicalUrl":"https://realsearch.com.au/agent/elizabeth-hood"},"Agency":{"Name":"Elite Real Estate Agency Rockhampton","CanonicalUrl":"https://realsearch.com.au/agency/elite-real-estate-agency-rockhampton"},"CreatedAt":"2026-07-30T09:40:42.5248561","UpdatedAt":"2026-10-03T06:31:59.12"}