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249 Elphinstone Street, Koongal, QLD 4701, 4 Bedrooms, 2 Bathrooms, Apartment

Offers Over $499,000

249 Elphinstone Street, Koongal, QLD 4701

4
2
2
123m2
807m2
ApartmentListed on Wed Jan 29

Koongal 4 Bedroom Duplex with dual street access!

Don't miss this chance to secure a fantastic investment property in the sought-after suburb of Koongal. Situated on a generous 807m? corner block (Elphinstone & Grimley Streets), this duplex offers dual income and strong rental potential, making it perfect for seasoned investors or those looking to start their portfolio.

Currently, Unit 1 is rented at $300 per week, with a rental appraisal of $320 per week "as is" for both units. Each unit is self-contained, providing privacy with separate yards and carports. Unit 1 features two generously sized bedrooms, a separate lounge, kitchen, and dining area, as well as a bathroom, internal laundry, and single carport. It also includes fly screens and air conditioning for added comfort. Unit 2 offers two spacious bedrooms, a lounge, a kitchen and dining area, a separate toilet, and a bathroom. It also boasts a large laundry with ample storage, a covered back deck, a private yard, a single carport, air conditioning, and ceiling fans.

Located in a prime area close to public transport, schools, shops, and essential amenities, this property is positioned to attract strong rental demand. Duplexes in this area are highly sought after, making this an unmissable opportunity to add to your portfolio.

- Great if you want to add value before renting to increase your returns

- Rental Return of $640 per week in as is condition

- One Unit rented for $300 per week with long-term tenant

- One Unit vacant ready for renting or renovations to add value and rent for more.

- Air-conditioned living areas

- Lowset with only a few stairs

- Seperate Carports for both

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Mount Archer State School
0.84 km
Primary
Prep-6
Government
icsea: 922
North Rockhampton State High School
1.81 km
Secondary
7-12
Government
icsea: 915

Property history

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Koongal surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
178 Thozet Road, Koongal
0.21 km
3
2
-m2
Year 2025 Month 02 Day 20
-
Council approved
233 Elphinstone Street, Koongal
0.15 km
2
1
-m2
Year 2025 Month 01 Day 15
$339,360
Council approved
251 Thozet Road, Koongal
0.18 km
3
1
-m2
Year 2025 Month 01 Day 06
$335,000
Council approved
197 Baker Street, Koongal
0.20 km
3
1
-m2
Year 2024 Month 11 Day 27
$460,000
Council approved
181 Thozet Road, Koongal
0.16 km
3
1
-m2
Year 2024 Month 11 Day 13
$365,000
Council approved

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Ref:66P18728Last update:2025-03-03 05:52:33