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Overview
Unique Killarney Opportunity - Invest Now, Develop Later
Positioned in the heart of Killarney, this unique and versatile property presents an exceptional opportunity for investors, business owners, or buyers seeking a flexible live-and-work lifestyle.
Situated on a 243 square meter block, the property boasts a spacious front area that can serve as a living space or commercial area, featuring air-conditioning and soaring high ceilings that enhance the sense of space and comfort.
At the rear, there is an additional kitchen area and bathroom facilities, with a functional layout that accommodates a variety of uses. Having previously operated as a successful café, the property is well-suited for hospitality, retail, consulting, or creative business ventures, while also comfortably functioning as a one-bedroom residence.
The property is currently tenanted until March 1, 2027, providing immediate rental income with a reliable tenant in place. This arrangement offers future flexibility, as once the lease concludes, there is potential to convert the property back into a commercial shopfront or continue using it as a mixed-use or residential space.
Outside, side access leads to a backyard that overlooks rolling green hills, offering ample room for gardens, chickens, or the creation of a private outdoor entertaining area, enhancing the lifestyle appeal of the property.
Located in the picturesque Southern Downs region, Killarney is approximately two hours from Brisbane, close to the renowned Queen Mary Falls, and only a short drive to Warwick, making it an attractive location for both lifestyle and investment.
This flexible, income-producing property is packed with potential and represents a rare opportunity to secure a character-filled asset with multiple future possibilities.
Please note that the property is situated within a flood-affected area, which should be considered in any future planning or development.
Disclaimer: Every effort has been made to ensure the accuracy of the information provided; however, no warranty is given and no responsibility is accepted for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to make their own enquiries to verify all information and satisfy themselves as to its correctness.
Some images may include virtual furniture and/or digital enhancements, including AI-generated elements, for presentation purposes only. Actual property features and appearance may vary.
For further information or to arrange an inspection, please contact the relevant parties directly.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $395,000 | |
| $390,000 |
Location
Killarney QLD 4373
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 142 m² |
Market Insights for Killarney QLD 4373
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