Residential 1,012m2 corner allotment dual street access

Currently tenanted until December 2026 at $700 per week
Positioned on a generous 1,012m² corner allotment with two street frontages and desirable Residential B zoning, this property presents an outstanding opportunity for both investors and developers. Currently returning $700 per week with an excellent tenancy secured until 13th December 2026, the current tenants would welcome the opportunity to extend for a further 12 months if offered. Whether you are looking for an immediate income-producing investment or planning for future development, the possibilities here are impressive. Subject to the necessary approvals, the site offers the potential to remove the existing home and develop units or retain the home and add a second dwelling to the rear.
Conveniently located within easy walking distance of the Kingaroy CBD, the home retains much of its original character and charm. Resting on original ironbark stumps with low-maintenance cladded external walls, the residence features a welcoming full-length front sunroom, a separate office, and three generous bedrooms, including a spacious main bedroom complete with a charming bay window.
Inside, the home showcases beautiful, polished hoop pine timber floors, high ceilings and traditional tongue-and-groove solid timber walls that reflect the craftsmanship of a bygone era. A separate lounge provides a comfortable living space, while the large eat-in kitchen is well equipped with a gas stove and an exceptionally large pantry, making it both practical and functional for everyday living.
The bathroom includes a full-size bathtub with shower over, while the convenience of two toilets, a downstairs laundry, ceiling fans throughout, and both town and tank water further enhance the home’s appeal.
With its combination of strong rental return, quality long-term tenants, outstanding development potential and an enviable walk-to-town location, this is a rare opportunity to secure a property that offers immediate income today and exciting possibilities for the future.