181 East Street
Rockhampton City QLD 4700
$675,000
Versatile CBD Investment with Multiple Tenancies, Holding Income & Significant Value‑Add Potential.
181 East Street, Rockhampton City presents a versatile commercial investment opportunity in the heart of the Rockhampton CBD. The property comprises three tenancies across two levels, with two ground-floor suites and a substantial first-floor tenancy. Currently partly leased, the asset provides flexibility for both owner‑occupiers and investors, with immediate income in place and clear potential for value uplift including the option for residential accommodation on the first floor. (STCA)The ground floor includes
- Tenancy A (approx. 165 sqm) leased until April 2027 with options
- Tenancy B (approx. 102 sqm - Vacant), ideal for an owner‑operator seeking a prominent CBD presence.
The first floor provides approx. 360 sqm of space under a short‑term lease, ensuring holding income while allowing future leasing or refurbishment options.
Offering dual street access, including rear entry via Quay Lane, the property also accommodates parking for at least two vehicles—a valuable feature within the CBD grid.
Positioned within Rockhampton’s established commercial core, the property benefits from immediate access to major government departments, financial institutions and key civic services, enhancing long-term appeal for tenants and occupiers alike.
Currently returning a net income of approximately $25,000 per annum, with one vacancy and significant potential to increase rental returns, 181 East Street represents a strong value‑add commercial opportunity.
Contact Jonathon Offord for a copy of the Information Memorandum or to arrange an inspection.
Features
General Features
- Commercial Type: Offices
- Building Area: 720sqm
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Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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