3/1 King StreetUrangan QLD 4655
Property Details for 3/1 King St, Urangan
3/1 King St, Urangan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 74m2.This Property is currently listed for sale with RE/MAX Reach
Last Listing description (August 2026)
Positioned within the well-located Palm Retreat complex, this two-bedroom, two-level unit presents a smart opportunity for investors seeking an affordable coastal investment in one of Urangan’s most convenient lifestyle pockets.
Currently tenanted at $450 per week until late October 2026, the property offers immediate rental income from day one, making it an appealing option for buyers looking to secure a practical, income-producing asset.
Set across two levels, the unit offers a functional and easy-care layout. Downstairs features open-plan living and dining, a practical kitchen with good bench space and storage, separate laundry, front patio area and under-stair storage. Upstairs, both bedrooms are positioned away from the main living area, with the main bedroom enjoying access to its own balcony.
For investors, the appeal is clear: a manageable floorplan, low-maintenance brick construction, dedicated car accommodation, modest body corporate contributions and a location that supports ongoing rental demand. With the Urangan foreshore, Urangan Pier, cafes, restaurants, local shops, public transport and the marina precinct all nearby, this is a property that offers tenants convenience, lifestyle and easy day-to-day living.
With a tenant already in place until late October 2026, this property is best suited to investors seeking immediate rental income in a convenient Urangan location. The existing lease provides certainty from day one, while the low-maintenance layout and central position add to its long-term rental appeal.
For buyers taking a longer-term view, the property also offers flexibility in a highly convenient coastal pocket, making it a practical addition to a portfolio or a well-positioned Urangan asset to hold for the future.
Property features you'll love:
- Two-bedroom, two-level unit
- Currently tenanted at $450 per week until Late October 2026
- Open-plan living and dining area
- Functional kitchen with good bench and storage space
- Separate laundry with bathroom positioned upstairs
- Built-in robe storage
- Main bedroom with balcony access
- Front patio area
- Dedicated car accommodation
- Close to the Urangan foreshore, pier, cafes, shops and marina precinct
We care about providing a respectful experience for both buyers and the current tenants. For this reason, inspections will be arranged through scheduled open homes only.
Please contact Ryan Sullivan on 0438 535 705 for further information or to confirm the next available open home time.
Property History for 3/1 King St, Urangan, QLD 4655
- 03 Aug 2026Sold for $470,000
- 12 Apr 2025Sold for $370,000
- 17 Jan 2025Listed for Sale Offers Over $399,000
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0About Urangan 4655
The size of Urangan is approximately 14.0 square kilometres. There are 23 parks, covering nearly 12.6% of the total area. The population of Urangan in 2016 was 9764 people. By 2021 the population was 10988 showing a population growth of 12.5% in the area during that time. The predominant age group in Urangan is 60-69 years. Households in Urangan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Urangan work in a community and personal service occupation.In 2021, 66.90% of the homes in Urangan were owner-occupied compared with 60.00% in 2016.
Urangan has 6,750 properties. Over the last 5 years, Houses in Urangan have seen a 72.31% increase in median value, while Units have seen a 86.02% increase. As at 31 August 2026:
- The median value for Houses in Urangan is $817,739 while the median value for Units is $652,758.
- Houses have a median rent of $610 while Units have a median rent of $550.
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