1 & 2/160 Kroombit Street, Biloela, Qld 4715

OFFERS ABOVE $450,000 CONSIDERED

Apartment
Type
4
Bedrooms
2
Bathrooms
2
Parkings
857 m²
Area

Published on Tuesday, September 08, 2026 ( See property details for 1 & 2/160 Kroombit Street, Biloela, Qld 4715)

OFFERS ABOVE $450,000 CONSIDERED

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment opportunity featuring two tenanted units on a spacious 857m² block in a convenient Biloela location.

🏡 Property Highlights

  • Dual tenanted units with established rental income
  • Prime location close to parks, shops, and schools
  • Generous 857m² allotment offering development potential
  • Two bedrooms and one bathroom in each unit
  • Long-term tenants with lease end dates in 2026 and 2027
  • Combined weekly rent of $650 for immediate income

✨ Key Features

  • Built-in Robes
  • Garage
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Water tank
  • Fully fenced

Biloela is a vibrant regional town offering excellent amenities, including parks, shopping centres, and schools. Its friendly community and convenient location make it ideal for tenants and investors alike. The area features a mix of residential and commercial properties, with ongoing development and growth opportunities. Biloela’s relaxed lifestyle and strong local services ensure a high quality of life for residents. Proximity to natural attractions and regional hubs enhances its appeal for long-term living and investment.

What is the current rental income for the property?
The combined weekly rent for both units is $650, providing an attractive income stream for investors.
Are the tenants on fixed leases?
Yes, both tenants have fixed lease end dates, with Unit 1 ending on 30/11/2026 and Unit 2 on 27/04/2027.
What are the ongoing council rates?
The approximate council rates are $3,440.68 per half-year.
Is there potential for development or expansion on the property?
The large 857m² allotment offers potential for development or further improvements, subject to council approval.
What amenities are nearby?
The property is conveniently located close to local parks, shops, and schools, making it ideal for tenants seeking everyday convenience.
Are there any existing easements, zoning restrictions, or planning overlays affecting the property? Have there been any recent repairs or renovations, and are there any known defects? Are there any upcoming developments or construction projects in the area that could impact the property? What are the strata or body corporate arrangements, if applicable? Is there any history of flooding or bushfire risk in this location? Are there any additional costs or fees not included in the council rates? Is the property compliant with all local building codes and regulations? Are there any restrictions on future development or subdivision of the land? What is the history of the tenants’ payment and property condition? Are there any noise or nuisance issues from neighboring properties?

1 & 2/160 Kroombit Street, Biloela, Qld 4715 - More Details

OFFERS ABOVE $450,000 CONSIDERED

Set on an 857m² allotment, this property presents an excellent opportunity for investors looking to secure a property with two separate units and an existing rental income stream.

Both units are currently tenanted, providing an attractive opportunity for an investor to purchase with tenants already in place. With a practical layout and one bathroom and one car space, the property offers versatility and potential in a convenient location.

Positioned close to local parks, shops and schools, the property is ideally located for tenants seeking everyday convenience.

Unit 1: Currently Tenanted
- Lease end date: 30/11/2026
- Two Bedrooms, One Bathroom
- Lockable carport - laundry room inside
- Kitchen
- Living Room

Unit 2: Currently Tenanted
- Lease end date: 27/04/2027
- Two Bedrooms, One Bathroom
- Lockable carport - laundry room inside
- Kitchen
- Living Room

Rent per week (combined) - $650 p/w

Whether you're looking to add to your existing portfolio or secure your first investment property, this property is well worth considering.

Council Rates: $3,440.68 per h/y approx.

Call Kathleen, Ross or Jake today for your personal inspection!
Type
Apartment
Bedrooms
4
Bathrooms
2
Parkings
2
Area
857 m²

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