11 Derwent Circuit
Kelso, QLD 4815

Overview

11 Derwent Circuit, Kelso

This property is a blue chip investment opportunity with tenancy currently in place, offering a secure income stream. Constructed approximately in 2013, the home is situated on a flat 462 square meter block of land, providing a manageable and tidy yard space. The property is not located in a flood zone, adding to its appeal and security.

The lease details include a 12-month lease starting on 5th August 2025 and ending on 3rd August 2026, with the last rent increase occurring on the lease start date. The current rent is $510 per week, with a rental appraisal suggesting potential rent between $560 and $590 per week. The tenants are described as excellent long-term occupants, contributing to the stability of the investment.

Located in a great area close to all amenities, this home features four bedrooms and two bathrooms, providing ample space for families or tenants. The property includes a two-car garage with a roller door, offering secure parking and storage. Comfort is ensured with fully split system air conditioning throughout the home.

Annual council rates are approximately $4,200, which includes water, fire, and ambulance services. The yard is well maintained, enhancing the overall presentation and curb appeal of the property.

This residence offers a combination of practical living spaces, secure tenancy, and a desirable location, making it an attractive option for investors seeking a reliable and well-maintained property in Kelso.

Location