24 Novakoski Street, Kepnock, QLD 4670 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$1,200,000

24 Novakoski Street
Kepnock QLD 4670

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 850m2
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Triple the Opportunity - A Smart Investor's Dream in Kepnock

Rare to find in this suburb this solid triplex offers a proven rental performer to be a long-term investment that can help fund your retirement.
A flat block that is flood free these 3 units, which are 2 bedrooms each with the 3rd unit featuring a single lock up garage, are ideal for your first investment as having multiple incomes on the one purchase reduces risk for you. Built with a brick and hardwood construction topped off with a colour bond roof you will have low exterior maintenance which is ideal. The land size allows room for each unit to have another space for an additional car, boat, or trailer. Located on a bus route and walking distance to school, the new shopping centre, McDonalds, and other shops makes this a sought-after position for tenants.
The opportunity is available to increase rents even further with airconditioning and some other cosmetic improvements as rental demand is tight in this area.
Key Features:
- Triplex Configuration - three two-bedroom units on one title
- Reliable rental income with scope for increased returns through updates or value-add improvements
- Prime location - minutes from local schools, shops, and Bundaberg CBD
- Low-maintenance design - ideal for set-and-forget investors
- Solid brick construction ensuring durability and long-term appeal
- Generous block size providing flexibility for future enhancements
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Property Details for 24 Novakoski St, Kepnock

24 Novakoski St, Kepnock is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 850m2. The place is currently for sale with Re/Max Precision - Bundaberg Central.

Building Type
BlockOfUnits
Land Size
850m2
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About Kepnock 4670

The size of Kepnock is approximately 3.2 square kilometres. There are 5 parks, covering nearly 10.5% of the total area. The population of Kepnock in 2016 was 4441 people. By 2021 the population was 4501 showing a population growth of 1.4% in the area during that time. The predominant age group in Kepnock is 10-19 years. Households in Kepnock are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kepnock work in a community and personal service occupation.In 2021, 64.50% of the homes in Kepnock were owner-occupied compared with 62.30% in 2016.

Kepnock has 2,051 properties. Over the last 5 years, Houses in Kepnock have seen a 123.13% increase in median value, while Units have seen a 108.26% increase. As at 31 July 2026:

  • The median value for Houses in Kepnock is $676,541 while the median value for Units is $478,440.
  • Houses have a median rent of $590 while Units have a median rent of $400.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Kepnock on OnTheHouse. According to Cotality's data, 92 properties were sold in the past 12 months in Kepnock.

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Scott Mackey
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Re/Max Precision - Bundaberg Central
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