2/160 Kroombit St, Biloela is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 857m2.
Set on an 857m allotment, this property presents an excellent opportunity for investors looking to secure a property with two separate units and an existing rental income stream.
Both units are currently tenanted, providing an attractive opportunity for an investor to purchase with tenants already in place. With a practical layout and one bathroom and one car space, the property offers versatility and potential in a convenient location.
Positioned close to local parks, shops and schools, the property is ideally located for tenants seeking everyday convenience.
Unit 1: Currently Tenanted
- Lease end date: 30/11/2026
- Two Bedrooms, One Bathroom
- Lockable carport - laundry room inside
- Kitchen
- Living Room
Unit 2: Currently Tenanted
- Lease end date: 27/04/2027
- Two Bedrooms, One Bathroom
- Lockable carport - laundry room inside
- Kitchen
- Living Room
Rent per week (combined) - $650 p/w
Whether you're looking to add to your existing portfolio or secure your first investment property, this property is well worth considering.
Council Rates: $3,440.68 per h/y approx.
Call Kathleen, Ross or Jake today for your personal inspection!
The size of Biloela is approximately 17.6 square kilometres. There are 17 parks, covering nearly 7.8% of the total area. The population of Biloela in 2016 was 5758 people. By 2021 the population was 5692 showing a population decline of 1.2% in the area during that time. The predominant age group in Biloela is 30-39 years. Households in Biloela are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Biloela work in a trades occupation.In 2021, 57.60% of the homes in Biloela were owner-occupied compared with 57.50% in 2016.
Biloela has 2,915 properties. Over the last 5 years, Houses in Biloela have seen a 98.29% increase in median value, while Units have seen a 27.47% increase. As at 31 August 2026:
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