57/370 Rockonia Road, Koongal QLD 4701

Ground-floor unit with immediate rental income | Bushfire overlay present | High yield in tight supply area | 5G coverage supports remote work This unit offers a rare combination of immediate rental cash flow and a ground-floor footprint on a full 457m² lot, which is unusually generous for a two-bedroom unit in this price bracket. The current lease at $460 per week through January 2027 provides a buyer with instant, verified income, and the furnished, move-in-ready condition removes typical holding costs. The property is best suited to an investor seeking a stable, low-management entry into the Rockhampton market, where demand for affordable rental stock remains consistent. The 5G mobile coverage adds a practical edge for tenants who work remotely. The bushfire overlay is the primary risk and should be assessed through a professional inspection and insurance quote before proceeding. However, the absence of flood or heritage overlays simplifies due diligence. The variance in valuation estimates—from $190,000 to $261,000—signals that pricing may be negotiable, particularly if the bushfire risk is manageable. For a buyer willing to conduct thorough checks, this property presents an opportunity to secure a high-yielding unit below the upper valuation range, with the lease providing a buffer against market fluctuation.