43 North Street, Wandoan QLD 4419

6-bedroom character house | corporate lease in place | Wandoan oil/gas growth corridor | high rental demand zone The property’s strongest buying case rests on its rare combination of a 908m² lot with a six-bedroom hardwood-floored house already leased to a corporate tenant at $420 per week. This configuration directly serves workforce accommodation demand driven by approved oil and gas projects in the region, making it a low-vacancy proposition for an investor seeking immediate income with upside to $500 per week. The absence of bushfire, flood, or heritage overlays on a residential-zoned block reduces due diligence friction, while the Wandoan State School catchment adds modest family appeal. The primary risk is the property’s age and older photos, which may signal deferred maintenance or cosmetic updates needed to justify rent increases. The 19% site coverage and under-house storage are functional but not value-add features; the real opportunity lies in leveraging the corporate lease renewal to lock in higher terms as regional employment grows. Hold for cash flow with periodic rent reviews, and consider a light refresh only if tenant turnover occurs.