Buy 1 for $229k (rented at $330 per week) or the whole block.

With a current vacancy rate of 1.74%, rental population of 38.07%., there is no doubt Biloela has been named as Australia’s top 50th rental investment suburbs. Here is your opportunity to purchase a Unit Complex comprising 10 Strata Titled 2 bedroom units potentially returning 7.8% as well as a vacant 800m2 block of land available for further development potential. The rental appraisal is $3300/week.

The units have recently been renovated and offer an executive product to locals with stylish kitchens, including a dishwasher, living areas on both levels and with air-conditioning. The bedrooms have built in wardrobes. Each unit has a front balcony, courtyard and a large private fenced side yard.

Situated in the central commerce section of Biloela with highway frontage of 50 metres opposite supermarket, bakery, butcher and bottle shop. Hotel and motel precinct just 500 metres away.

Biloela is only one hour’s flight from Brisbane, and is administrative hub of the Local Shire Council. The region boasts diverse industry including several significant coal mines, electrical power stations, beef processing works, a large piggery, a gold mine, cotton ginnery, phosphate mines and extensive grazing and farming enterprises.

Gladstone – Just over an hour away away is set to explode again with the new gas line project. Here is your chance to secure these units before property prices take off in Biloela.