FOR SALE
$2,100,000

22-24 Dawson Highway
Biloela QLD 4715

Bedrooms: 20
Bathrooms: 10
Car spaces: 10
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Rare opportunity in Biloela! Own a thriving block of 10 Townhouses!

AMAZING POSITIVE CASH FLOW!! SOLID INVESTMENT OPPORTUNITY!!
Massive solid income, investors and opportunists take note!
This big bright CASH COW is calling!!
Located in the beautiful growing regional centre of Biloela, this opportunity will not last long! Biloela itself has a good rental demand with strong mining and agricultural interests in the area.
The inland rail announcement which is proposed to pass through the Banana Shire is sure to only strengthen the town and the possibilities for the future. You can read more about the proposed inland rail in this article:
https://www.queenslandcountrylife.com.au/story/7418052/barnaby-says-inland-rail-now-heading-to-gladstone/.
An investors dream block "Rosevilla" consists of 10 INDIVIDUALLY TITLED TOWNHOUSES!
ALL are rented and have a great history, each property is FULLY FURNISHED and all ten Townhouses consist of two bedrooms and a second living spaces. Also included in every townhouse is a dishwasher, fridge, washing machine, television and many more great inclusions!
Wanting more... an 800m2 block is also included!
In addition to the current amazing cashflow, an additional 3 to 5 units (STCA) could be built on the free block of land (under current zoning laws) which can increase both the asset base & rental income so much further!
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Property Details for 22-24 Dawson Hwy, Biloela

22-24 Dawson Hwy, Biloela is a 20 bedroom, 10 bathroom BlockOfUnits with 10 parking spaces. The place is currently for sale with @realty.

Building Type
BlockOfUnits

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About Biloela 4715

The size of Biloela is approximately 17.6 square kilometres. It has 17 parks covering nearly 7.8% of total area. The population of Biloela in 2011 was 5,884 people. By 2016 the population was 5,770 showing a population decline of 1.9% in the area during that time. The predominant age group in Biloela is 0-9 years. Households in Biloela are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Biloela work in a trades occupation. In 2011, 57.3% of the homes in Biloela were owner-occupied compared with 57.5% in 2016.

Biloela has 2,891 properties.

    There are currently 42 properties listed for sale, and 2 properties listed for rent in Biloela on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Biloela.

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