158 Kroombit Street

Biloela QLD 4715

862 m²

Block of units

Ross Munroe, last sold this property on 04 August 2026 after -8 days on market.

Overview

INVESTMENT OPPORTUNITY | 8-UNIT COMPLEX

An affordable and rare opportunity to secure an entire complex on a single Title, offering consistent income in a zero-vacancy market - benefit from a strong pipeline of both short-term and long-term tenants actively seeking accommodation. 158 Kroombit Street also provides exciting scope for future capital growth and increased rental income. RENOVATION POTENTIAL While currently fully tenanted, the complex is in need of renovation and cosmetic upgrades. With renovation works and modernisation, the property could attract an array of different tenants, significantly increased rental returns, and improve the overall value of the asset. Investors with vision will appreciate the potential to transform this complex into a more appealing and lucrative investment for the future. Property Breakdown 14 Bedrooms, 8 Bathrooms, Shared laundry area, Off road vehicle parking: · Units 1 & 5: 1 Bedroom, 1 Bathroom · Units 2, 3, 4, 6, 7 & 8: 2 Bedrooms, 1 Bathroom Current Weekly Rents: · Unit 1 $130 p/w · Unit 2 $165 p/w · Unit 3 $165 p/w · Unit 4 $165 p/w · Unit 5 $130 p/w · Unit 6 $165 p/w · Unit 7 $140 p/w · Unit 8 $165 p/w TOTAL: $1,225 p/week $63,700 p/year [statementOfInformation

Features

14 bedrooms

8 bathrooms

862 m² lot size

Block of units

Estimated Value

We need at least 3 similar 14 bedroom block of units sold in Biloela over the last 12 months.

Property history for 158 Kroombit Street

2026

Sold

Undisclosed

Private Sale/Treaty on 04 Aug 2026 by Ross Munroe, of First National Biloela

Happy sellers in Biloela

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