This is a rare opportunity for investors or business owners to secure a prime commercial freehold property in the bustling Kingaroy CBD. Ideally located with dual street access from both Kingaroy Street and Circular Place, the property consists of two retail/caf shops that are currently leased, offering an immediate income stream.
Key Features:
Land Size: 475m
Tenancy Details - Investment Opportunity with Established Tenants:
197 Kingaroy Street: Currently leased to a bakery operating on a periodic (month-to-month) basis. The tenant pays approximately $2,034.59 per month GST inclusive + 50% of outgoings annually, providing a stable income stream with flexibility for future leasing arrangements.
199 Kingaroy Street: Leased to a popular caf, which benefits from front footpath dining. The tenant pays $1549.59 per month GST inclusive + 50% of outgoings annually, with potential for renewal or re-leasing.
With its prime location on Kingaroy Street, this property enjoys high foot traffic and excellent visibility, boosted by the recent CBD revitalization project. It's a tightly held location that rarely becomes available.
Don't miss this exceptional investment opportunity in Kingaroy.
The size of Kingaroy is approximately 68.6 square kilometres. There are 19 parks, covering nearly 1.5% of the 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 5,596 properties. Over the last 5 years, Houses in Kingaroy have seen a 142.03% increase in median value, while Units have seen a 133.61% increase. As at 31 May 2026:
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