Commercial development potential

Currently tenanted at $400 per week, lease in place until 01st August 2024
Nestled on a corner block just off Kingaroy’s CBD, this charming Duplex-style weatherboard property offers an excellent investment opportunity. Currently yielding a steady income of $400 per week, it presents an attractive proposition for savvy investors or those seeking a spacious and versatile family home.
Comprising three bedrooms, two living areas, and two bathrooms, this property boasts ample space for comfortable living. The modern kitchen, complete plus a kitchenette, caters to all your culinary needs. With reverse-cycle air conditioning in both sides of the property, you’ll stay comfortable throughout the year, whether it’s the scorching summers or chilly winters. The combination of tiled floors and plush carpeting adds to the property’s appeal and comfort.
Convenience is key with a single carport attached to the house and an additional three bays in the rear yard, providing plenty of parking space for residents and guests. The fenced yard ensures privacy and security, making it perfect for families and pet owners.
One remarkable feature of this property is its potential for dual occupancy, which it has been leased as in the past and can be again if desired. This flexibility opens various possibilities, making it suitable for extended families or investors looking for multiple income streams.
The property’s three-street frontage adds an extra layer of appeal, offering a unique advantage in terms of access and potential future development. With an eye towards the future, this property also holds commercial development opportunities and subdivision potential, making it an investment that could appreciate over time.
In addition to its attractive features, this property’s location is a standout. Its proximity to the Kingaroy CBD means you can enjoy all the conveniences of city living while still relishing the tranquillity of this peaceful neighbourhood.
Whether you’re an astute investor looking for a steady income stream, a family seeking a spacious and adaptable home, or someone with an eye on future development possibilities, this Duplex-style weatherboard property ticks all the right boxes. Don’t miss your chance to explore the potential and possibilities it offers.