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1-3/100 Rustic Street
Koongal, QLD 4701

Offers Over $950,000

6
Bed
3
Bath
3
Cars
Land Size: 910 sqm
Property Type: Apartment
Listed Date: 18th Apr 2026
Overview

Solid Brick Triplex Investment Returning $1250 per week - No Body Corporate Fees

Positioned on a generous 910 square meter corner block, this solid lowset brick triplex offers a rare opportunity to acquire a high-performing, set-and-forget investment with excellent fundamentals.

All three units have been fully upgraded, featuring modern stone benchtop kitchens, renovated bathrooms, fresh paint, and updated flooring throughout, ensuring there is nothing left to do but collect the income.

Each unit includes:

  • Two well-sized bedrooms with built-in wardrobes
  • Fully air-conditioned interiors complemented by ceiling fans
  • A functional layout with separate external laundries that include storage space
  • A dedicated carport for each tenancy

The property is currently returning $1,250 per week with potential to increase to $1,350 per week. With no body corporate fees, this investment offers strong cash flow and future upside.

Currently tenanted with quality occupants in place, it provides immediate income and peace of mind for the incoming owner.

This opportunity is ideal for investors looking to expand their portfolio or secure a stable, low-maintenance asset. The large landholding and proven rental performance add significant value to this offering.

Overall, this triplex represents a solid investment with upgraded features, excellent tenant retention, and a prime location in Koongal, Queensland.

Location
1-3/100 Rustic Street
Koongal QLD 4701
Market Insights for Koongal QLD 4701
New Listings (last 30 days)
7
Average price
$652,000
Lowest price
$325,000
Highest price
$945,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.