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Lot 10 River Road, Kingaroy$850,000

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Lot 10 River Road

Kingaroy, QLD 4610, Australia

$850,000

3.15 ha

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About this property

A 3.15-hectare parcel of light industry land offers an exceptional opportunity for development. Currently vacant and ready to build on, it is one of the rare larger industrial allotments available so close to Kingaroy. Only 2.6 kilometres from the CBD, the site combines accessibility with scale, making it attractive to both investors and developers. In November 2020, South Burnett Regional Council granted a Preliminary Approval for a Development Application to transform the land into 17 individual allotments, highlighting the potential for subdivision and future industrial growth. Land of this calibre and proximity to town is increasingly difficult to secure, making it an astute acquisition for those seeking to capitalise on Kingaroy's expanding industrial hub.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 3.15 ha
Listed: 3 months ago

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$4,121/month

$2,060 /fortnight

Loan $680,000 at 6.10% over 30 years

Upfront costs

Deposit$170,000

Stamp duty$31,275

Conveyancing (est.)$2,000

Total upfront$203,275

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Neighbourhood

Living in Kingaroy

This land in Kingaroy, QLD 4610 sits within reach of and nearby schools. It is listed 43% above the $595,000 median of 60 comparable landswithin 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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