2/22 Separation StreetAllenstown QLD 4700
Property Details for 2/22 Separation St, Allenstown
2/22 Separation St, Allenstown is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 959m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 2 bedroom Unit sold in Allenstown in the last 12 months.
Last Listing description (September 2026)
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 entrancefeatures 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 week
Lease renewed: 26/08/2026 - 25/08/2027
Rent Increases from $450 - $480 on 31/08/2026
Unit 2 (2 Bedroom): $450 per week
Lease Renewed: 12/08/2026 - 11/02/2027
Rent Increases from $400 - $450 on 17/08/2026
Both 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 rooms
Unit Two:
*Freshly painted throughout
*Near new floor coverings
*Two generous bedrooms
*Spacious living and dining areas
*Modern kitchen
*Bathroom with shower over bath
Property 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 CBD
An Investment That Works From Day One
With 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.
Property History for 2/22 Separation St, Allenstown, QLD 4700
- 07 Sep 2026Sold
- 30 Jul 2026Listed for Sale Offers above $699,000
- 25 Mar 2024Listed for Sale $499,000
Recent sales nearby
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0About Allenstown 4700
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 1,754 properties. Over the last 5 years, Houses in Allenstown have seen a 88.75% increase in median value, while Units have seen a 123.52% increase. As at 31 August 2026:
- The median value for Houses in Allenstown is $587,091 while the median value for Units is $560,137.
- Houses have a median rent of $535 while Units have a median rent of $450.
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