18 Albert Street Millmerran
18 Albert Street Millmerran – Endless Opportunities – Dual Income, Renovation, or Redevelopment Potential
This Queenslander-style property offers incredible flexibility with options for immediate rental income, future development, or conversion back into a single dwelling.
Located within easy walking distance to the main street and all town amenities, this property combines prime positioning with versatile potential.
Two separate one-bedroom flats, each featuring:
One bedroom, lounge room, eat-in kitchen, bathroom, and a single carport.
Both flats are rented at $190 per week, with leases ending on 27/01/2025.
The property would benefit from renovations, creating an opportunity to add value through repairs and upgrades.
Zoned Major Centre, making it an excellent future redevelopment site.
Large Allotment: Generous 1,378 sqm lot.
Gross Rates: $1,612.08 per six months
Water Access: $261.81 per six months
Located close to town amenities, this property is perfect for investors, developers, or those looking to create a unique home.