It has the following positive investment characteristics:

Rental returns of $135 and $145pw makes this a good investment at the asking price of $238,000. These are below market rent levels, increase rents at next reset, especially with some basic renovation.
Both are fully furnished, potential tax deductions available from the depreciation of the furniture and appliances after purchase.
A good little money maker – current stable tenants built into the bargain
Located in a growth area of North Rockhampton, there are new subdivisions planned in this area.
Efficient layout for student housing only 3 mins from the university
Exciting options await, renovate for reward – a little bit of time today will turn into a lot of cash tomorrow.
Buy low sell high, this duplex would be priced much higher with a coat of paint.
Perfect location a lot of potential for the money

Alternatively, there is a good opportunity to combine home and income. It is a handymans dream home, a good entry into the property market. Consider the possibilities.
It is a good solid weatherboard building that has been converted into a duplex unit. Each unit has 2 bedrooms. The original open verandas have been enclosed and converted to living areas.

Please contact me for more information. Ashley (Ash) Paulsen 0429 331622