This tenanted commercial property presents a secure investment opportunity with scope for future redevelopment or repurposing (subject to council approval). A new two-year lease has just been executed, generating $3,250 per month and providing a strong gross return of 8.6%.
Positioned on an 865 sqm allotment, the site is fully concreted and currently operates as a car yard, complete with an office building, storage shed, and attached annex. Offering excellent frontage to Kingaroy Street, which forms part of the D’Aguilar Highway, the property is strategically located to suit a range of commercial uses. Potential options include conversion to office premises with onsite parking, continuation as an outdoor sales yard, or redevelopment to suit alternative business requirements (subject to council approval).
Opportunities of this nature are rare, as the existing improvements—including extensive concrete hardstand—could not be reproduced at this price point.
The size of Kingaroy is approximately 68.6 square kilometres. It has 19 parks covering nearly 1.5% of total area. The population of Kingaroy in 2016 was 10020 people. By 2021 the population was 10266 showing a population growth of 2.5% in the area during that time. The predominant age group in Kingaroy is 20-29 years. Households in Kingaroy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kingaroy work in a labourer occupation.In 2021, 59.60% of the homes in Kingaroy were owner-occupied compared with 56.30% in 2016.
Kingaroy has 5,600 properties. Over the last 5 years, Houses in Kingaroy have seen a 140.06% increase in median value, while Units have seen a 133.08% increase. As at 30 April 2026:
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