27 Nolan Drive, Kingaroy QLD 4610

Cul-de-sac position | 490m elevation | 1050m² block on rich soils | Tenanted until late 2026 This house presents a stable, low-overlay holding in a quiet, elevated setting, with its tenancy providing immediate income security. The large, usable block on premium soil and the absence of complicating overlays offer a straightforward proposition for a buyer seeking a hands-off investment or a future owner-occupier with land value upside. It serves an investor prioritizing rental certainty or a buyer viewing the land as the primary long-term value component. The decision hinges on paying a premium for a tenanted property in a softening market, where the current price reflects recent rapid growth. The opportunity lies in securing a well-positioned block with a fixed income stream, but the cost is limited flexibility until the lease expires. Acquire as a set-and-forget rental; reconsider for owner-occupation only post-2026. Recent sale at $475,000 in early 2025 contrasts with the current $600,000 asking price. This rapid re-list suggests a vendor seeking significant short-term capital gain, placing pressure on the buyer to validate the new price against suburb median growth. The historical sale anchors value, making the current premium reliant on the lease and land attributes.