Solid hardwood investment returning 8.17%

Currently tenanted and returning $220 per week
No car, no problem. Walk to Kingaroy CBD, schools, pool, parks, day-care, the lot. Located on the main street of Kingaroy CBD. This tidy home has in recent years seen a new roof installed, hardwood floors polished and a new bathroom installed. There is an original eat-in kitchen with solid hardwood cabinetry, separate lounge room, 2 bedrooms and r/c air conditioning in the living area and one of the bedrooms. Downstairs laundry and toilet, 2 x tanks plus town water, double carport and fully fenced to the rear. The home is set on a 1,052m2 allotment making it ideal for unit development in the future. Current tenant has short term lease option but given the opportunity would love to stay long term.