28A Willow Street, Killarney, Qld 4373-Image

For Sale

28A Willow Street, Killarney, Qld 4373

$395,000

House

Type

Bedrooms

Bathrooms

243 m²

Area

Published on Wednesday, May 27, 2026 ( See property details for 28A Willow Street, Killarney, Qld 4373)

$395,000

Caitlin Harrison - Real Estate Agent - Ray White Rural - Warwick

Caitlin Harrison Residential Sales

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AI Property Insight

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

A unique historic property in Killarney offering versatile living, commercial potential, and excellent investment prospects with a spacious backyard and strong rental income.

🏡 Property Highlights

Historic cafe conversion offering versatile living and commercial space
Immediate rental income with a lease until 2027 and a strong ROI of over 10%
Spacious front area suitable for business or living with high ceilings and air-conditioning
Large backyard with potential for outdoor entertaining, vegetable gardens, or chooks
Prime location in picturesque Killarney, close to natural attractions like Queen Mary Falls
Two off-street parking spaces with full access, ideal for residents or visitors

✨ Key Features

Air Conditioning
Open-Plan Living
Outdoor Area
Built-in Robes
Garage / Secure Parking
Waterfront / Views
Pet-Friendly
Internal Laundry
Ceiling Fans
Extra Storage (Shed/Linen)

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28A Willow Street

Killarney, QLD 4373

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Suburb and Property Insights of Killarney, QLD 4373

Killarney offers a peaceful rural lifestyle with a close-knit community, scenic natural attractions like Queen Mary Falls, and essential amenities including shops, cafes, and medical services. The town provides a safe environment ideal for families and retirees alike. Its proximity to Brisbane and the Gold Coast makes it a perfect getaway or lifestyle change. The region boasts rolling hills, outdoor recreational activities, and a relaxed pace of life. Killarney’s strong community spirit and picturesque setting make it a highly desirable location for both living and investing.

Frequently Asked Questions

What are the future development possibilities for this property?

The property offers multiple future possibilities, including expanding the outdoor entertaining area, building a large deck, or further developing the existing commercial and residential spaces, subject to council approval.

Is the property suitable for both residential and commercial use?

Yes, the property features a spacious front area suitable for running a business or living, with high ceilings and air-conditioning, making it versatile for both purposes.

What are the current lease details and rental income?

The property is leased until 01/01/2027 with a current rental income of $1,580 per calendar month, providing immediate cash flow for investors.

Are there any flood risks associated with this property?

The property is located within a flood-affected area, having recorded two floods in 100 years, so potential buyers should consider flood risk and appropriate insurance.

What amenities and services are available in Killarney?

Killarney offers shops, cafes, a pub, medical facilities, a bowls club, butcher, and schools, providing a complete community lifestyle.

What to ask about this property to agent?

Are there any additional costs or fees associated with the property, such as strata or body corporate fees? Has the property been inspected for structural issues or flood damage beyond the recorded floods? Are there any planning or zoning restrictions that could affect future development or use? What are the council requirements for building or expanding on the property? Is the septic tank compliant and in good working order? Are there any nearby construction or development plans that could impact the property? What are the specific flood mitigation measures in place, if any? Are there any easements or rights of way affecting the property? What is the history of the property's flood events and insurance claims? Are there any restrictions on pet ownership or outdoor activities in the area?

28A Willow Street, Killarney, Qld 4373 - More Details

$395,000

Type: House
Bedrooms: 1
Bathrooms: 1
Area: 243 m²
House Size: 142 m²

28A Willow Street, Killarney, Qld 4373 - Point Of Interest

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Caitlin Harrison

28A Willow Street, Killarney, Qld 4373

$395,000

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