3/217 Archer Street, The Range QLD 4700

Multi-dwelling block on 1022m² | Opposite Rockhampton Grammar School | Triple-income configuration | Land-rich holding in established suburb This property is configured as a multi-dwelling block rather than a single house, which is relatively uncommon in The Range where detached homes dominate. The 1022m² landholding provides a rare combination of scale and school-adjacent positioning, directly opposite Rockhampton Grammar School. This layout serves an investor buyer best, particularly those seeking diversified rental income from a single site. The triple-income stream framing suggests the property is positioned for yield-focused ownership, and the land content alone gives it a structural advantage over standard units or townhouses in the area. The reported March 2024 sale figure of $680 appears unreliable and should not guide price expectations. Without confirmed building condition or finish quality, maintenance risk on an older multi-dwelling property may affect value, particularly if shared infrastructure needs attention. The multi-unit configuration might bring higher tenancy churn and management demands compared to a single dwelling, which could influence net returns. Buyers should weigh the land value against the cost of any necessary upgrades when forming a view on price.