18 Albert Street, Millmerran, Qld 4357

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.

Total weekly rental income of $390, generated by:
Flat 1 $190 per week
Flat 2 at $200 per week, with both 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.