Dalby is a rapidly expanding commercial centre, and with ongoing developments in the energy sector represents an ideal location to invest. A strong and ongoing demand for accommodation assures that any business/investment venture in this sector would have a sound future.
Oakwood House represents a unique opportunity to capitalize on the expanding accommodation market. This unique double-storey Queenslander is located on a private
9
acre property only minutes from Dalby’s CBD. With 6 bedrooms, 3 bathrooms, 3 living areas and a large modern kitchen, this character home represents the dream of a man who wanted to capture the feel of a hotel with the personal surroundings of a home; and has been fully renovated to reflect this theme. Its layout easily lends itself to conversion to a B&B, boarding house, or corporate rental facility.
Though close to the CBD this grand old home has a rural setting and affords views to the Bunya Mountains to the north and is bordered by the Myall Creek to the south and west. The property also has a pumping permit from the creek, which would enable the watering of a substantial garden, should the new owners wish to develop this option. With its substantial area of land this property, which is on two separate titles, allows plenty of scope for improvement; whether sheds, stables, or even picnic areas down by the creek.
Although this property was used as a private family home, it is currently leased by a reputable mining company until April 2010 (with the potential option to continue until 2011) and has been modified to meet their high accommodation standards. The home is fully
air-conditioned.
Rental appraisal approximately $650 per week, which at the asking price of $445,000 equates to 7.6% gross return on investment.
For further information or clarification, contact Chris at Dalby First National on 0439 075 362 or chris@dalbyfn.com.au