SoldMay 20, 2025

1&2/28 Edward Street, Kingaroy, QLD, 4610

$430,000

3
2
3
1012 m²

Unit

30+ days on the market

Sold: May 20, 2025

What's around 1&2/28 Edward Street

Residential B development opportunity

Currently tenanted and retuning $540 per week Located just one block from the Kingaroy CBD, this Residential B zoned 1,012m² corner allotment presents a strong development opportunity in a prime position. With the allotment directly opposite already developed into a four-unit complex on a similar-sized block, this site offers immediate potential for future unit construction or redevelopment. The property currently comprises two separate units. Unit 1 features a large enclosed front sunroom, a separate lounge, and a modern eat-in kitchen fitted with a gas stove. The spacious main bedroom is complemented by an additional sunroom plus a large second bedroom, the living area is equipped with reverse cycle air conditioning. The laundry is oversized and includes a second toilet. A large covered rear patio provides additional living space, and the unit is complete with a single carport, garden shed, and a generously sized backyard. Unit 2 offers a large main bedroom with an adjoining sunroom, open plan lounge and kitchen with electric stove, and reverse cycle air conditioning for year-round comfort. The bathroom includes a shower over a full-size bath. Outdoors, there's a small rear patio, double carport, and a fenced backyard. This property is an ideal acquisition for investors, developers, or those seeking a dual-income stream in one of Kingaroy's most accessible locations.

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