Property comprises of a 2,012 sqm block of land with DA approval for 8 x 1-bedroom units. The property is well located to the Kingaroy CBD in an established residential area. With high demand for rentals in Kingaroy with Swickers Expansion, Hospital Upgrades, Wind Farm construction, Bunnings construction and other various projects commencing, rental demand is anticipated to continue with strong growth. With an estimated gross rental return of $70,000 to $80,000 per year, the development allows for an excellent return on investment.

Adjoining allotments are also for sale. Please contact the listing agent for more information.