1/3 Hodge Street, Kingaroy QLD 4610

Small complex of three | front unit | tenanted at $375pw | no overlay risk detected The unit sits in a deliberately small three-unit complex, which is competitively rare for Kingaroy and supports lower turnover risk compared to larger blocks. Being the front unit in a low-density configuration gives it a positional edge for privacy and street presence, while the existing tenancy at $375pw until July 2026 provides immediate cashflow for an investor. The absence of bushfire, flood, or heritage overlays removes common regional friction points, and the low-maintenance footprint suits a buyer seeking a straightforward hold. This property is best matched to a passive investor or an owner-occupier wanting affordable entry without strata surprises. The main risk is the limited land of 121m² and the need to verify body corporate fees, sinking fund health, and strata rules before committing, as small complexes can carry disproportionate levy exposure. The tenancy provides cover but also locks out vacant possession for an owner-occupier until late July 2026, which narrows the buyer pool slightly. On the opportunity side, the valuation spread between $335k and $375k suggests room to negotiate below the $350k ask if due diligence reveals deferred maintenance. Hold this unit as a long-term rental in a stable regional centre, or occupy it as a low-cost base with minimal upkeep.