10 Sandon Place, Kelso QLD 4815

4-bedroom low-set house opposite parkland | tenanted until 2027 at $570pw | ensuite repair needed | Kelso family pocket with school catchment This property offers a rare combination of immediate income and land holding in a family-oriented pocket of Kelso. The 591-592m² lot with 212m² building area provides solid site coverage for a low-set house, while the tenancy at $570 per week until February 2027 secures a predictable return for an investor or buyer-occupier willing to wait. The position opposite parkland and within catchment for Kelso State School and Thuringowa State High School strengthens its appeal to families, a demographic that drives consistent demand in this corridor. The double lock-up garage and air conditioning are practical features that support rental retention and future resale. The known ensuite shower leak, with a repair quote available, represents a manageable capital cost that should be factored into the buyer’s budget and negotiated accordingly. This property was purchased in November 2023 for $391,000, and the current offers-over-$669,000 listing reflects significant land value appreciation in a short period, which may limit short-term capital growth but reinforces the holding logic. For an investor, the existing lease provides cash flow while the property appreciates; for a future owner-occupier, the lease end in February 2027 offers a clear timeline for occupancy. Hold this property for its land position and rental yield, addressing the ensuite repair promptly to maintain tenant satisfaction and property condition.