20-26 East Street
Rockhampton City QLD 4700
$1,950,000
PRIME CBD VALUE-ADD OPPORTUNITY – SUBSTANTIAL 2,148SQM SITE WITH MULTI-INCOME & UPSIDE
20–26 East Street presents a compelling and highly versatile commercial offering in the heart of Rockhampton City, ideally suited to developers, renovators, owner-occupiers, or savvy investors seeking value-add potential and future upside.Occupying a substantial 2,148sqm allotment across two lots, the property features four separate buildings with a combined net lettable area of approximately 1,600sqm. This flexible configuration provides multiple avenues for income generation and repositioning, whether through refurbishment, leasing optimisation, strata-style sell-down (STCA), or complete redevelopment to capitalise on the site's prime central location.
Currently, the property generates an approximate net holding income of $40,000 per annum derived from four tenants, all on convenient month-to-month leasing arrangements. This tenancy profile offers immediate cash flow while also enabling purchasers to restructure or reposition the asset without long-term encumbrances.
The improvements are supported by practical rear access via East Lane, providing valuable on-site parking and service accessibility—an increasingly important feature within the CBD environment.
Key Investment Highlights:
- Large 2,148sqm site over two titles
- Four buildings with ~1,600sqm net lettable area
- Holding income of approx. $40,000 p.a. net
- Flexible month-to-month tenancies
- Significant value-add and redevelopment potential (STCA)
- Ability to split, lease, sell individually or reposition
- Rear access and parking via East Lane
- Strategically located within Rockhampton’s commercial precinct
With its scale, flexibility, and central positioning, 20–26 East Street represents a rare opportunity to secure a well-located commercial asset with multiple exit strategies and strong potential for future growth.
Contact Jonathon Offord for a copy of the Information Memorandum or call 0488 270 174.
Features
General Features
- Land Area: 2,148sqm
- Commercial Type: Retail
- Building Area: 2,148sqm
Can I afford 20-26 East Street?
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