The Surat Basin – Energy Boom Towns of Chinchilla and Miles
We have 3 bed 3 bath 2 car Duplex that produces Income. Duplex Design House and Land Packages are now selling $385,000 or entire duplex $695,000.Buy 2 and save $70K.
In Chinchilla we are selling the $695k packages (Entire Duplex): It comes with our special offer Guaranteed 10% Annual Rental Return For 5 Years. We will be leasing the property back from the buyer and make annual rental payments equivalent to $69,500 paid monthly ($5,791.66) directly into buyers bank account for 5 Years.
The Surat Basin is located to the West of Brisbane in Southern Queensland stretching around 300km from the west of Toowomba and covering three Regional Council areas and a population of over 200,000. For decades oil, coal and gas has been mined from this basin, but it is the expansion of coal mining, the rapidly growing
coal seam gas to liquefied gas industry and the many renewable energy projects being undertaking in the region has created the resources boom in this part of Queensland. Chinchilla referred by many as the next Australias Boom Town is situated 294km West of Brisbane and is in the heart of the Surat Basin. The agricultural town
is now being radically transformed to Australias LNG inland Boom Town, serving the vast gas fields of the proposed $6bn Arrow Energy Shell LNG and approved Origin $20bn Australia Pacific LNG and $15bn BG Group Queensland Curtis LNG projects. These projects are expected to bring over 7,300 workers into the region and
direct capital expenditures of $7bn over the next 2 to 3 years. Investors who missed Moranbah and Port Hedland will see the history repeat itself in the Surat Basin town of Chinchilla with $14bn projects already underway.
Miles set between Roma and Chinchilla approx 340km from Brisbane. Miles has predominately been a town on agriculture and forestry. However, the rapid expansion of the resources industry in the region has seen the
housing demand surge and the investors were able to enjoy an average of 23% annual return over the
last ten years
Property Code: 2005870225