10 Mcveigh Street Kepnock, QLD 4670

Opportunities like this don't come along often. This solid brick complex of five spacious 2-bedroom units is perfectly positioned in Kepnock, just a short stroll to the high school and only minutes from major shopping including Woolworths, Aldi, and popular food outlets.

Fully tenanted with long-term residents (5-10 years), the property provides a reliable income stream of $84,240 per annum, set to rise to $88,400 with lease renewals. Outgoings remain modest, with council rates of approx. $11,050 and insurance of $3,779.

Key highlights:

• Five x 2-bedroom, 1-bathroom units with car accommodation
• Solid brick construction, low-maintenance design
• Long-term tenants in place (5-10 years)
• Current gross rent $84,240 p.a., increasing to $88,400 p.a.
• Council rates approx. $11,050 | Insurance approx. $3,779
• Walking distance to Kepnock State High School
• Short drive to Woolworths, Aldi, and dining options
• Previously strata titled - potential to re-strata and sell individually

A rare chance to secure a proven income-producing property today with future value-add potential. Contact Ethan Hyde today to arrange a viewing.