234 Elphinstone St, Koongal, QLD, 4701

Great Investors Opportunity

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Published on Thursday, April 02, 2026 ( See property details for 234 Elphinstone St, Koongal, QLD, 4701)

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Charming, recently renovated three-bedroom house in Koongal with spacious living, large backyard, and excellent investment potential.

🏑 Property Highlights

  • Recently renovated interior with modern updates from 2021
  • Spacious three-bedroom layout with timber floors throughout
  • Large backyard with side access for future improvements
  • Currently tenanted with a strong rental return of $440 per week
  • Leased until October 2026 with potential rent increase
  • Serene location in Koongal with convenient amenities

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Air Conditioning
  • Internal Laundry
  • Outdoor Area
  • Large Backyard
  • Side Access
  • Timber Floors
  • Car Spaces
  • Recently Renovated
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234 Elphinstone St
Koongal, QLD 4701
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Vertical aerial view β€” 234 Elphinstone St
234 Elphinstone St — Vertical Aerial  •  Koongal, QLD 4701  •  Nearmap © 2026

Koongal is a peaceful suburb offering a family-friendly environment with convenient access to local amenities, schools, and parks. The area boasts a strong community vibe, affordable housing options, and excellent connectivity to Rockhampton. It is ideal for both families and investors seeking steady growth and lifestyle benefits.

What recent upgrades have been made to the property?
The property underwent an internal makeover in 2021, including modern updates to the interior and flooring.
Is the property currently leased, and what is the rental income?
Yes, the property is leased until October 2026 to a long-term tenant, generating $440 per week.
What is the potential for rental increase?
The current rent appraisal suggests a potential increase to $480-$500 per week starting October 2026.
Are there any future development plans for the area?
The property features side access, allowing for future improvements or development opportunities.
What are the key features of the backyard?
The backyard is large, well-maintained, and provides ample space for entertainment and outdoor activities.
Are there any zoning restrictions or easements affecting the property? Has the property been inspected for structural issues or pests? Are there any upcoming council or community developments in the area? What are the council rates and ongoing maintenance costs? Is there any history of flooding or bushfire risk in the area? Are there any restrictions on future improvements or extensions? What are the terms of the current lease, and are there any conditions for the tenant? Are there any planned infrastructure projects nearby that could impact the property? Is the property compliant with all building and safety regulations? Are there any additional costs or fees associated with the property purchase?

234 Elphinstone St, Koongal, QLD, 4701 - More Details

Great Investors Opportunity

Type
House
Bedrooms
3
Bathrooms
1
Parkings
1

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