27 Frangipani Drive, Kingaroy QLD 4610

4-bed brick home | tenanted to 2028 at $550/wk | 830m² block | Kingaroy’s stable owner-occupier street This house presents a rare combination of durable construction and secured income. The 2008 solid brick build on a full 830m² lot outperforms newer volume-built stock. A lease running to 2028 with long-term tenants removes vacancy risk and appeals most to remote investors seeking minimal management. The open-plan layout with reverse-cycle air and covered patio supports tenant retention. On a street with 75% owner-occupancy, capital growth is tied to local stability rather than speculation. The main risk is geographic concentration—Kingaroy’s population is small and aging, limiting resale depth. The $600k price is at the top of the local band for a tenanted house, so immediate equity gain is unlikely. However, the $550 weekly rent yields 4.8% gross, which is strong for a regional brick home. Opportunity lies in holding through the lease term while the tenant covers costs. This property should be bought for cash flow and held for the lease duration before reassessing.