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Description: Investor Opportunity - Approx. 5.7% Gross Return
With a combined rental income of $1,200 per week ($62,400 annually), this fully tenanted block of four units offers investors an attractive gross rental yield of approximately 5.7% at the asking price of offers over $1.1 million. A solid addition to any investment portfolio, offering immediate income in the growing Kingaroy market.
New to the market and positioned in sought-after Booth Street, Kingaroy, this excellent investment opportunity offers a complex of four fully tenanted two-bedroom units, providing immediate rental income and long-term potential.
Set on a well-maintained allotment, the property comprises two separate brick buildings connected by a common driveway, offering practical access and low-maintenance appeal.
The first building consists of two spacious two-bedroom units, each featuring open-plan lounge, dining and kitchen areas, internal laundries with rear access, and integral single garages with roller doors.
The second building offers a similar layout, with a slightly newer build and the added convenience of dedicated carports positioned at the end of the complex.
Each unit is currently tenanted, providing a secure income stream:
Unit 1: Leased until April 2027 at $300 per week
Unit 2: Leased until May 2027 at $300 per week
Unit 3: Leased until March 2027 at $300 per week
Unit 4: Leased until March 2027 $300 per week
With a total current rental return of $1,200 per week, this is an outstanding opportunity for investors seeking a solid, low-maintenance asset in a convenient Kingaroy location, close to schools, shops and local amenities.
Don't miss your chance to secure this quality multi-unit investment in the heart of the South Burnett.
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