OFF MARKET

24/370 Rockonia Road
Koongal QLD 4701

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 204m2
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Property Details for 24/370 Rockonia Rd, Koongal

24/370 Rockonia Rd, Koongal is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 204m2 and floor size of 94m2.

Building Type
Unit
Year Built
1986
Floor Size
94m2
Land Size
204m2
Local Government
Rockhampton Regional

Last Listing description (August 2024)

High Yield - 8.5% - 3 Bedroom Townhouse
Seize this exceptional opportunity to secure a high-yield investment or your dream home! Nestled in the tranquil, leafy end of Koongal, this 3-bedroom, 1-bathroom brick townhouse offers a blend of comfort, convenience, and community amenities that cater to both investors and owner-occupiers alike.
Resort-Style Amenities:

Swimming Pool: Enjoy a refreshing swim at your convenience.
Recreational Area: Perfect for relaxation and leisure activities.
Basketball Court: Stay active and entertain family and friends.
BBQ Area: Host gatherings and create lasting memories.
Gated Community with Secure Parking: Peace of mind with added security.

Property Features:
3 Spacious Bedrooms: Each with built-in robes, providing ample storage.
Air Conditioned Bedrooms: Enjoy comfort in all three bedrooms year-round.
Air Conditioned Living Area: Stay cool and comfortable in the main living space.
Security Screens Throughout: Added peace of mind for you and your family.
1 Bathroom: Featuring both a shower and a bath, catering to all preferences.
Tiled Living Area, Kitchen, and Laundry: Easy maintenance and a sleek, modern look.
Brick Feature Walls: Unique aesthetic appeal, adding character to your home.
2-Car Parking: Convenience with front and back yard access, all within a secure environment.

Investor's Delight: Strong Rental Income, Low Vacancy With a current rent of $410 weekly and reliable trouble-free tenants happy to stay, this property ensures immediate and continuous income. Lease expires 05/08/24. Koongal's vacancy rate of just 0.8% makes it a lucrative market for investors, especially with projected growth.

Perfect for Investors and Homeowners Whether expanding your property portfolio or seeking a comfortable residence, this townhouse offers high rental returns and appealing amenities, appealing to a wide range of buyers.
Don't miss out on this fantastic opportunity! Contact us today on 0477 868 936 to arrange a viewing and secure your future in the vibrant community of Koongal.

Property History for 24/370 Rockonia Rd, Koongal, QLD 4701

A timeline of how this property has performed in the market
  • 24 Jan 2024
    Listed for Sale Contact Agent
  • 27 Jul 2022
    Listed for Sale $139,000

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About Koongal 4701

The size of Koongal is approximately 4.4 square kilometres. It has 8 parks covering nearly 16.8% of total area. The population of Koongal in 2011 was 4,727 people. By 2016 the population was 4,276 showing a population decline of 9.5% in the area during that time. The predominant age group in Koongal is 0-9 years. Households in Koongal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koongal work in a labourer occupation. In 2011, 59% of the homes in Koongal were owner-occupied compared with 59.8% in 2016.

Koongal has 2,072 properties. Over the last 5 years, Houses in Koongal have seen a 103.78% increase in median value, while Units have seen a 11.25% increase. As at 31 July 2024:

  • The median value for Houses in Koongal is $397,655 while the median value for Units is $245,000.
  • Houses have a median rent of $470 while Units have a median rent of $340.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Koongal on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Koongal.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.