27 Frangipani Drive
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About this property
Currently tenanted returning $550 per week and current lease in place until 2028 A proven performer in the investment market, this well-maintained property offers long-term security with quality tenants in place since 2010, currently paying $550 per week and secured under lease until 2028. Built in 2008, the home presents a practical and low-maintenance design, ideal for investors seeking a set-and-forget addition to their portfolio. Inside, the home features an open plan lounge and dining area that flows seamlessly into a modern, fully equipped kitchen complete with dishwasher, pantry, electric under-bench oven and cooktop. Tiled living areas provide durability and ease of care, while all four built-in bedrooms are carpeted for comfort, with the main bedroom benefiting from a well-sized ensuite. Comfort is assured year-round with reverse cycle air conditioning in the living area and ceiling fans throughout the home. Step outside to a covered rear patio, perfect for relaxed outdoor living, all set on an 830m² allotment with a fully privacy-fenced backyard. Offering strong returns, long-term tenancy and a solid brick construction, this is an outstanding opportunity for investors seeking reliability and peace of mind.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 830 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Kingaroy
This 4-bedroom house in Kingaroy, QLD 4610 sits within reach of and nearby schools. It is listed 6% below the $649,000 median of 63 comparable houseswithin 5 km.
Schools near Kingaroy
- St John's Lutheran Schoolcombined · Prep-12 · CoEd
- Kingaroy State Schoolprimary · Prep-6 · CoEd
- Taabinga State Schoolprimary · Prep-6 · CoEd
- Kingaroy State High Schoolsecondary · 7-12 · CoEd
Kingaroy at a glance
Full suburb profile- Population
- 10,266
- Median age
- 38
- Household income
- $1,244/wk
- Median rent
- $260/wk
- Median mortgage
- $1,200/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Kingaroy price trend
Median sold · House 4 bed
Compound growth +17.8% / yr over 4 yrs
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