28A Willow Street, Killarney, QLD 4373 | House for sale | OnTheHouse
 
FOR SALE
$390,000

28A Willow Street
Killarney QLD 4373

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 142m2
Land area: 243m2
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Unique Killarney Opportunity - Invest Now, Develop Later

Positioned in the heart of Killarney, this unique and versatile property offers an exciting opportunity for investors, business owners or buyers seeking a flexible live-and-work lifestyle.
Set on a 243sqm block, the property features a spacious front living or commercial area complete with air-conditioning and soaring high ceilings.
Toward the rear of the property, you'll find an additional kitchen area, bathroom facilities and functional layout options suited to a range of uses. Previously operating as a successful café, the property lends itself to hospitality, retail, consulting or creative business ventures, while also comfortably functioning as a one-bedroom residence.
Currently tenanted until the 01/03/2027 with a reliable tenant in place, the property provides immediate rental income with future flexibility. Once the current lease concludes, there is potential to convert the property back into a commercial shopfront or continue utilising it as a mixed-use or residential space.
Outside, side access leads through to a backyard overlooking rolling green hills, offering room for gardens, chickens or the creation of a private outdoor entertaining area.
Located in the picturesque Southern Downs region, Killarney is situated approximately two hours from Brisbane, close to the renowned Queen Mary Falls and only a short drive to Warwick.
Flexible, income-producing and packed with potential, this is a rare opportunity to secure a character-filled property with multiple future possibilities.
Please note: The property is located within a flood-affected area.
Contact Caitlin Harrison on 0478 686 763 for more details and to organise an inspection.
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Property Details for 28a Willow St, Killarney

28a Willow St, Killarney is a 1 bedroom, 1 bathroom House. The property has a land size of 243m2 and floor size of 142m2. The place is currently for sale with Ray White Rural Warwick.

Building Type
House
Floor Size
142m2
Land Size
243m2
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About Killarney 4373

The size of Killarney is approximately 78.5 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Killarney in 2016 was 954 people. By 2021 the population was 918 showing a population decline of 3.8% in the area during that time. The predominant age group in Killarney is 60-69 years. Households in Killarney are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Killarney work in a labourer occupation.In 2021, 70.30% of the homes in Killarney were owner-occupied compared with 68.90% in 2016.

Killarney has 627 properties. Over the last 5 years, Houses in Killarney have seen a 145.00% increase in median value, while Units have seen a 60.26% increase. As at 30 April 2026:

  • The median value for Houses in Killarney is $596,512 while the median value for Units is $491,217.
  • Houses have a median rent of $295.
There are currently 10 properties listed for sale, and no properties listed for rent in Killarney on OnTheHouse. According to Cotality's data, 29 properties were sold in the past 12 months in Killarney.

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Caitlin Harrison
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Ray White Rural Warwick
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