3/1 King Street, Urangan
Listing data updated 6 July 2026
- Positioned within the well-located Palm Retreat complex, this two-bedroom, two-level unit presents a smart opportunity for investors seeking an affordable coastal investment in one of Urangan’s most convenient lifestyle pockets. Currently tenanted at $450 per week until late October 2026, the property offers immediate rental income from day one, making it an appealing option for buyers looking to secure a practical, income-producing asset. Set across two levels, the unit offers a functional and easy-care layout. Downstairs features open-plan living and dining, a practical kitchen with good bench space and storage, separate laundry, front patio area and under-stair storage. Upstairs, both bedrooms are positioned away from the main living area, with the main bedroom enjoying access to its own balcony. For investors, the appeal is clear: a manageable floorplan, low-maintenance brick construction, dedicated car accommodation, modest body corporate contributions and a location that supports ongoing rental demand. With the Urangan foreshore, Urangan Pier, cafes, restaurants, local shops, public transport and the marina precinct all nearby, this is a property that offers tenants convenience, lifestyle and easy day-to-day living. With a tenant already in place until late October 2026, this property is best suited to investors seeking immediate rental income in a convenient Urangan location. The existing lease provides certainty from day one, while the low-maintenance layout and central position add to its long-term rental appeal. For buyers taking a longer-term view, the property also offers flexibility in a highly convenient coastal pocket, making it a practical addition to a portfolio or a well-positioned Urangan asset to hold for the future. Property features you'll love: - Two-bedroom, two-level unit - Currently tenanted at $450 per week until Late October 2026 - Open-plan living and dining area - Functional kitchen with good bench and storage space - Separate laundry with bathroom positioned upstairs - Built-in robe storage - Main bedroom with balcony access - Front patio area - Dedicated car accommodation - Close to the Urangan foreshore, pier, cafes, shops and marina precinct We care about providing a respectful experience for both buyers and the current tenants. For this reason, inspections will be arranged through scheduled open homes only. Please contact Ryan Sullivan on 0438 535 705 for further information or to confirm the next available open home time.
RealistIQ deal score
Strong value signal
85
/100
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- Offers over $499,000
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