25 Pennycuick Street, The Range, Qld 4700

Offers Over $1,499,000

Unit
Type
7
Bedrooms
4
Bathrooms
4
Parkings
1,396 m²
Area

Published on Tuesday, August 18, 2026 ( See property details for 25 Pennycuick Street, The Range, Qld 4700)

Offers Over $1,499,000

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

A versatile investment property in The Range offering three income streams, spacious living, and exceptional future growth potential.

🏡 Property Highlights

  • Three separate income-producing residences on one property
  • Gross rental income of approximately $92,000 per annum
  • Elevated 1,396sqm allotment in sought-after The Range
  • Main residence with 3 bedrooms, 2 bathrooms, and a study
  • Two self-contained 2-bedroom residences with private amenities
  • Outstanding flexibility for multi-generational living or investment

✨ Key Features

  • Built-in Robes
  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Fully fenced
  • Pet-Friendly

The Range is a highly sought-after suburb in Rockhampton known for its elevated position, peaceful environment, and proximity to key amenities such as schools, hospitals, and parks. It offers a family-friendly lifestyle with easy access to the CBD, making it ideal for both investors and owner-occupiers. The area boasts a strong community feel, scenic views, and well-established infrastructure, ensuring long-term growth and stability. Its reputation as a tightly held suburb makes it a prime location for premium residential investments.

What is the current rental income and potential for future growth?
The property currently generates approximately $85,000 per annum in rental income, with an appraised gross income of around $92,000, and there is potential to increase returns as existing leases are reviewed.
Are the residences suitable for multi-generational living?
Yes, the property offers three separate residences, making it ideal for multi-generational living or providing additional income streams.
What are the key features of the main residence?
The main residence includes three bedrooms, two bathrooms, a study or nursery, open-plan living and dining areas, and a secure double garage.
Is there scope for further development or renovation?
The property’s flexible layout and substantial land size provide opportunities for future development or renovation to enhance value.
What amenities are nearby?
The property is close to Rockhampton Grammar School, Rockhampton Hospital, Botanic Gardens, and the CBD, offering convenient access to essential services and recreational facilities.
Are there any zoning restrictions or easements affecting the property? What are the current lease terms and conditions for each residence? Are there any upcoming council or infrastructure developments in the area? Has the property been inspected for structural or pest issues? Are there any strata or body corporate fees applicable? What are the ongoing maintenance costs for the property? Is the property compliant with all local building and safety regulations? Are there any flood or bushfire risks associated with the location? What are the terms of the existing rental agreements? Are there any planned or recent renovations that could impact future value?

25 Pennycuick Street, The Range, Qld 4700 - More Details

Offers Over $1,499,000

Properties that combine strong cash flow, premium location and long-term capital growth potential are becoming increasingly difficult to find. Positioned on a generous 1,396sqm allotment in one of Rockhampton's most prestigious suburbs, 25 Pennycuick Street presents a truly outstanding opportunity to secure an asset that delivers immediate income while offering exceptional future potential.

Comprising three separate residences, this unique property is currently generating an impressive gross appraised rental income of approximately $92,000 per annum, providing purchasers with an established income stream from day one. With opportunities to review rental returns as existing leases expire, there is also potential to further strengthen the property's investment performance over time.

At the rear of the property sits a spacious family home offering three generous bedrooms, two bathrooms, a dedicated study or nursery, expansive open-plan living and dining areas, and secure double garage accommodation. Elevated above the street, the home enjoys privacy, cooling breezes and the peaceful lifestyle that has made The Range one of Rockhampton's most tightly held residential locations.

Positioned separately at the front of the property are two self-contained two-bedroom residences, each complete with their own kitchen, bathroom, living area and car accommodation. Their thoughtful separation from the main residence provides privacy for occupants while creating three independent income-producing dwellings on the one property.

Whether you're expanding an investment portfolio, purchasing through a self-managed super fund, or seeking a high-performing asset with multiple income streams, opportunities of this calibre rarely become available. The combination of substantial land size, premium location and diversified rental income creates a property that stands apart from traditional residential investments.

Beyond the immediate returns, this is an asset with exceptional flexibility. Continue leasing all three residences to maximise income, accommodate extended family while maintaining privacy, or occupy the main residence while the additional dwellings contribute towards your mortgage. Few properties offer this level of versatility without compromising on location or lifestyle.

Property Highlights
- Appraised $92,000 per annum gross rental income with a current rental income of approximately $85,000 per annum
- Three separate income-producing residences
Elevated 1,396sqm allotment in sought-after The Range
- Main residence comprising 3 bedrooms, 2 bathrooms, study/nursery and double garage
- Two self-contained 2-bedroom residences, each with their own kitchen, bathroom, living area and car accommodation
- Potential to increase rental returns as current leases are reviewed
- Ideal for investors or buyers seeking multiple income streams
- Outstanding flexibility for multi-generational living or owner-occupiers wanting supplementary income
- Located close to Rockhampton Grammar School, Rockhampton Hospital, Botanic Gardens and the CBD
- Rare opportunity to secure a premium investment in one of Central Queensland's most tightly held suburbs

Offering immediate income, exceptional flexibility and outstanding long-term investment credentials, 25 Pennycuick Street represents one of the most compelling residential investment opportunities currently available in Central Queensland.

Disclaimer:
All information contained herein has been gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and interested parties should make and rely upon their own enquiries. Rental income figures, lease information and future rental potential are provided as a guide only and are subject to change. Any references to future rental growth, investment performance, capital growth, depreciation benefits or financial returns are opinions only and should not be relied upon as financial, taxation or investment advice. Prospective purchasers should obtain independent legal, financial and accounting advice before making any purchasing decision. Measurements, floor plans, boundaries and property details are approximate and should be independently verified.
Type
Unit
Bedrooms
7
Bathrooms
4
Parkings
4
Area
1,396 m²

Inspections times

  • Inspection Sat 22 Aug 10:15 am

    Saturday 22 August
    10:15 am - 10:45 am
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