150 Rainbow Street
Biloela, QLD 4715

Overview

Income Plus Versatility

This property presents an excellent opportunity for investors seeking stability and long-term security. Currently tenanted until January 2027 with reliable tenants who are prepared to renew, it offers a consistent income stream.

The home is fully air-conditioned throughout, ensuring comfort in all seasons. The open-plan living and dining area is enhanced by a fireplace, providing warmth during cooler months, and a sunroom that fills the space with natural light.

The versatile layout includes three bedrooms, each equipped with built-in robes and air-conditioning, catering to comfort and storage needs. The kitchen is neat and functional, complemented by a separate dining room conveniently located for family meals and entertaining.

Outdoor living is well catered for with a covered entertainment area positioned on the eastern side of the home. This thoughtful placement offers shade and protection from the afternoon sun, making it ideal for relaxing or hosting gatherings.

A standout feature of this property is the detached, air-conditioned studio/workshop. Set apart from the main house, this space is perfect for home businesses, hobbies, or additional workspace, adding significant versatility to the property.

Situated on a fenced corner allotment of approximately 711 square meters, the property includes secure garage accommodation for one vehicle. Its location is convenient, being just moments away from local sporting fields and schools, enhancing its appeal for families and active lifestyles.

Additional benefits include a recent roof replacement and the assurance of no bushfire or flood risk, contributing to peace of mind for the new owner.

• Rent income of $420 per week
• Lease end date: 7th January 2027
• Council rates approximately $2112.75 per half year
• Recent roof replacement
• No bushfire or flood risk

Private inspections are available by appointment only, ensuring a personalized viewing experience.

Change History

Location