Buy 1 for $229k (rented at $320 per week) or the whole block.

Here is your opportunity to purchase a Unit Complex comprising 10 Strata Titled 2 bedroom units returning approx 7.5%* as well as a vacant 800m2 block of land available for further development potential. The rental appraisal is $3160/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 NOT mining dependant – Less than 20% mining employment
• Biloela properties have averaged 5.4% growth per annum over the past 10 years
• Biloela is currently experiencing a strong recovery with a number of new projects and a surge of rental enquiries
• The property has a long history of solid rental return
• The property has just undergone major renovations and should see minimal maintenance in the near future
• The property will qualify for significant depreciation claims
• The property has proven bank valuation above asking price
• Ideal for an investor looking to add a cash positive investment to their portfolio
• The tenant and the taxman will pay off your investment – Set and forget!

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.

Here is your chance to secure these units before property prices take off in Biloela.