4 Tuite Street, Kingaroy QLD 4610

$1,350,000

10 beds

5 baths

5 parking

Block of 5 units - Great Location. Kingaroy

This block of five units is ideally located just a 5-minute walk from Kingaroy's CBD, offering convenience and easy access to local amenities.

The property includes a mix of three two-storey townhouses and two single-storey units, each featuring two bedrooms, a combined lounge and dining area, a compact kitchen, bathroom, and laundry. Every unit has its own carport. The units have two street access.

Two units are ground floor offering front patio and carport adjacent to the units. The three town house units, with two bedrooms with built in upstairs and a balcony of the main bedroom. These units have carports in front of their unit. All bedrooms in all units are fitted with reverse cycle air conditioning units. Three units that are furnished offer fridge, washing machine, microwave, lounge, table and chairs and other kitchen items.

• Unit 1- 2 bedroom ground floor unit. Furnished
Rent: $440 per week

• Unit 2 - 2 bedroom ground floor. Furnished
Rent: $450 per week

• Unit 3 - 2 bedroom town house. Unfurnished
Rent: $300 per week

• Unit 4 - 2 bedroom town house. Unfurnished
Rent: $320 per week

• Unit 5 - 2 bedroom town house. Furnished
Rent: $460 per week

Currently, all units are tenanted, with several tenants in place for the long term, providing a stable rental income stream. Below are the details for each unit:

This property offers a solid investment opportunity in a prime location with stable tenancy and rental returns.

Property listed at 1,350,000, with a yearly rent of $102,440 showing a 7.6% yield.

Property Details

• Type: BlockOfUnits
• Bedrooms: 10
• Bathrooms: 5
• Toilets: 5
• Carport Spaces: 5
• Land Area: 809 m² (approx)