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Auction, Wednesday 4 March at 11am - In Rooms at 43 Nariel Street, Albion
Bullet Point Overview
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Description
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A rare opportunity to secure one of Kingaroy's most prominent corner development sites, offering short-term holding income and substantial future repositioning or redevelopment potential.
The property is being offered to market via public auction, with the vendor providing full due diligence upfront and clear instructions to sell.
Located on the high-exposure intersection of Haly Street (D'Aguilar Highway) and Youngman Street (Bunya Highway), the property benefits from approximately 17,300 vehicles per day, providing exceptional visibility and access.
The site comprises a dual-tenant large-format retail building with a total GFA of approximately 822 m² across a 2,460 m² corner allotment.
• Tenancy 1 is currently vacant, allowing for immediate occupation, re-leasing, or repurposing.
• Tenancy 2 is leased to Repco until August 2027, generating holding income of $69,692 per annum (gross). Repco has confirmed they are open to early relocation should a suitable replacement tenant be secured.
Zoned Business / Centre, the site supports a broad range of uses including large-format retail, showroom, automotive, service station, drive-through food, health, commercial services, and mixed-use development (STCA).
Planning advice confirms the site is capable of supporting up to three storeys, subject to approval.
This is a highly flexible opportunity suited to developers, owner-occupiers, and investors seeking a strategic landholding with income in the commercial heart of the South Burnett region.
Auction Details
_______________________
For Sale via Public Auction - Committed vendor - property to be sold - Wednesday 4 March 2026 @ 11:00am
Call today to book an inspection.
For further information please contact Stephen and Elliot Kidd from - Ray White Metro North
Auction, Wednesday 4 March at 11am - In Rooms at 43 Nariel Street, Albion
Bullet Point Overview
_________________________
Description
_________________________
A rare opportunity to secure one of Kingaroy's most prominent corner development sites, offering short-term holding income and substantial future repositioning or redevelopment potential.
The property is being offered to market via public auction, with the vendor providing full due diligence upfront and clear instructions to sell.
Located on the high-exposure intersection of Haly Street (D'Aguilar Highway) and Youngman Street (Bunya Highway), the property benefits from approximately 17,300 vehicles per day, providing exceptional visibility and access.
The site comprises a dual-tenant large-format retail building with a total GFA of approximately 822 m² across a 2,460 m² corner allotment.
• Tenancy 1 is currently vacant, allowing for immediate occupation, re-leasing, or repurposing.
• Tenancy 2 is leased to Repco until August 2027, generating holding income of $69,692 per annum (gross). Repco has confirmed they are open to early relocation should a suitable replacement tenant be secured.
Zoned Business / Centre, the site supports a broad range of uses including large-format retail, showroom, automotive, service station, drive-through food, health, commercial services, and mixed-use development (STCA).
Planning advice confirms the site is capable of supporting up to three storeys, subject to approval.
This is a highly flexible opportunity suited to developers, owner-occupiers, and investors seeking a strategic landholding with income in the commercial heart of the South Burnett region.
Auction Details
_______________________
For Sale via Public Auction - Committed vendor - property to be sold - Wednesday 4 March 2026 @ 11:00am
Call today to book an inspection.
For further information please contact Stephen and Elliot Kidd from - Ray White Metro North
