Phone enquiry code for this property: 1562
This property carries an excellent investment opportunity. It affords itself to either the astute investor, or an owner-occupier that desires good capital gain in the not so distant future. The property represents an excellent investment opportunity.
The property is 64 hectares (160 acres), of relatively flat, flood free land, with two tenanted residences and water bore. The residences are 2 solid houses (3x bedroom and 4x bedroom), both contain reverse cycle air conditioning and are separately fenced.
The property carries urban plan zoning, allowing subdivision potential.
The Surat Basin is beginning its expansion again. Interest in the Surat Basin is once on the rise. Commodity prices have risen, and conditions are again favourable, for the resource industry to begin shifting back into top gear. Surat Basin property prices will also begin to increase.
Miles is situated in the middle of all the major Surat Basins projects. There are many projects approved and being planed in the immediate area.
The current owners are genuine in selling and have acknowledged previous market conditions, because of the fall in commodity prices, this is reflected in the current price expectations. However, this cannot not last, as the commodity prices have now increased, property prices will also increase.
Many investors are always quoted saying Should have bought before the prices increased Dont miss this opportunity; do your own research; the area has many projects, simply waiting for that one catalyst.
Be mindful, as interest and projects begin to take hold in the area, property prices will increase.
Research the area, and inspect the links below, especially the 2017 Major Projects Pipeline report. Many reports have not even included the rail, and Nathan dam construction.
Phone enquiry code for this property: 1562