Property Details for 1-4/176 Baker St, Koongal
1-4/176 Baker St, Koongal is a 8 bedroom, 4 bathroom Unit with 4 parking spaces.
Last Listing description (April 2025)
Investment Opportunity: Secure your future with this solid two-story rock block quadplex, offering 4 self-contained units in a prime corner allotment position. Currently strata titled offering the opportunity to buy the full complex, or each unit individually. The property also provides separate car parking for each tenant and individual laundry areas. Designed for low maintenance living, each unit features:
General:
*New roof completed in 2020 for both the main building and carport
*Positively geared - 7.8% ROI
Unit 1. (downstairs)
*2 Bedrooms, fans throughout
*Private balcony
*Free standing cupboards
*Air conditioning in the kitchen/living area
*New carpet
*Paintwork in good condition
*Updated bathroom with modern vanity
Tenancy: $360.00 per week - Lease expires 27 October 2025
Unit 2: (downstairs)
*2 Bedrooms
*Renovated kitchen
*Paintwork in good condition
*New carpet in lounge
*Updated bathroom, shower over bath combo (floor tiles need re grouting)
*Fans throughout
*Air-Conditioning in both bedrooms
*Private balcony
*Freestanding cupboard
Tenancy: $345.00 per week - Lease expires 19 May 2025
Unit 3: (upstairs)
*2 Bedrooms, fans throughout
*Private balcony
*Modern Kitchen
*Air conditioning in the master bedroom
*Paintwork in good condition
*Modern bathroom, shower over bath combo, exhaust fan
Tenancy: $360.00 per week - Lease expires 15 September 2025
Unit 4: (upstairs)
*2 Bedrooms
*Fans throughout
*Renovated kitchen
*Bathroom has shower over bath combo, updated vanity
*Air-Conditioning: master bedroom
*Freestanding cupboards
*Private balcony
Tenancy: $360.00 per week - Lease expires 01 September 2025
Rates: $1822.30 each unit per half year
Mowing: $70.00 per 4 weeks
With a strong rental yield and excellent tenant appeal, this property is a smart choice for investors seeking consistent cash flow. Don't miss out, contact Elizabeth Hood - 0499 003 005 to discuss the property in further detail or obtain a copy of the walk through videos.
Property History for 1-4/176 Baker St, Koongal, QLD 4701
- 14 Mar 2025Listed for Sale Offers above $950,000
- 17 Aug 2021Listed for Sale SOLD - $650,000
Recent sales nearby
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About Koongal 4701
The size of Koongal is approximately 4.4 square kilometres. There are 8 parks, covering nearly 16.8% of the total area. The population of Koongal in 2016 was 4286 people. By 2021 the population was 4252 showing a population decline of 0.8% in the area during that time. The predominant age group in Koongal is 30-39 years. Households in Koongal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koongal work in a labourer occupation.In 2021, 61.10% of the homes in Koongal were owner-occupied compared with 59.80% in 2016.
Koongal has 2,076 properties. Over the last 5 years, Houses in Koongal have seen a 123.52% increase in median value, while Units have seen a 114.24% increase. As at 30 April 2026:
- The median value for Houses in Koongal is $537,557 while the median value for Units is $305,715.
- Houses have a median rent of $505 while Units have a median rent of $390.
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