An excellent opportunity for investors seeking a diversified income stream, this well-positioned commercial property is located in the heart of the Kingaroy Central Business District. The property is configured to accommodate up to five separate tenancies and is currently occupied by four tenants, with Shops 2 and 3 leased to a single business. The front tenancies enjoy prominent main street frontage, while the remaining three are located within the arcade.
The building is serviced by dedicated toilet facilities and is supported by both main street parking and additional council-owned parking at the rear. Surrounding businesses include major banking institutions such as NAB and Commonwealth Bank, along with a mix of cafes, retail outlets, and professional services.
The property currently returns an approximate gross annual rental income of $53,000, with the individual rental breakdown as follows:
- Shop 1: $910 per month - Shops 2â3: $1,820 per month - Shop 4: $875 per month - Shop 5: $870 per month
A solid entry-level investment opportunity in a tightly held location, offering strong returns and future growth potential.
nbn® Fibre to the Curb (FTTC) is available in this property
Max wholesale speed tier available: nbn® Fibre to the Curb
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