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.

Currently weekly rental income = $390

Flat 1 – $190 per week, Flat 2 – $200 per week, with leases ending on 28/07/2025.

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.