163 Fitzroy St, Allenstown is a 4 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 304m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
Positioned in one of Allenstown's most convenient locations, 163 Fitzroy Street presents a rare opportunity to secure a fully renovated, income-producing asset with a signed tenancy already in place at $900 per week.
Offering immediate cash flow from settlement, this low-maintenance four-bedroom, two-bathroom home is ideal for investors seeking strong returns and a true set-and-forget investment.
Conveniently located close to Rockhampton Base Hospital, CQUniversity, schools, Allenstown Shopping Centre and the CBD, the property enjoys strong tenant demand and broad appeal to hospital workers, professionals and families.
Investment Highlights
Secure tenancy in place at $900 per week
Immediate income from settlement
Fully renovated with nothing more to spend
4 bedrooms, 2 bathrooms
Large modern kitchen with island bench
High-demand rental location
Strong tenant appeal
Low-maintenance asset
Suitable for SMSF and interstate investors
200m from CQUniversity Tafe centre
300m from Kerr Park
500m from Rockhampton Grammar School
600m from Rockhampton Girls Grammar School
600m to The CathedralCollege (High School)
700m from Allenstown shoppingcentre
700m from Rockhampton Base Hospital
900m from Brown Park Stadium
1.3km to Rockhampton Golf Course
1.3Km to Rockhampton Zoo
2.3km from the Rockhampton Airport
Quality turnkey investments with secure income and strong cash flow are increasingly hard to find. Contact Flynn Phelan today to arrange your inspection.
The size of Allenstown is approximately 2.2 square kilometres. There are 6 parks, covering nearly 7.7% of the total area. The population of Allenstown in 2016 was 2790 people. By 2021 the population was 2762 showing a population decline of 1.0% in the area during that time. The predominant age group in Allenstown is 10-19 years. Households in Allenstown are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Allenstown work in a professional occupation.In 2021, 48.50% of the homes in Allenstown were owner-occupied compared with 48.40% in 2016.
Allenstown has 1,755 properties. Over the last 5 years, Houses in Allenstown have seen a 92.24% increase in median value, while Units have seen a 113.99% increase. As at 31 July 2026:
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