1 Harcla Cl, Biloela is a 5 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 2010. The property has a land size of 977m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
This lucrative investment comprises of a low-set duplex that is situated on a 977sqm* allotment in a quiet neighbourhood, surrounded by quality homes.
With a combined rental income of $700 per week, along with long-term leases in place, this is an opportunity not to be missed.
Unit 1 comprises of an open plan living and dining room with air-conditioning.
The functional kitchen has ample storage, a dishwasher and electric appliances.
Three bedrooms, all with tinted windows, air-conditioning, built-in wardrobes and ceiling fans.
The under-covered entertainment area is private and is surrounded by established lawns.
As an added bonus, there is a 9 x 9m* powered shed with roller doors, as well as an additional shower and toilet.
Unit 2 is like-for-like, however consists of only two bedrooms and an internal lock up garage. It has a separate yard with a lawn locker, surrounding the entertainment area.
This property provides a fantastic opportunity to secure a cash positive investment in Biloela.
Contact Bronte at Ray White Biloela to arrange your private inspection.
*Approx
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 2,904 properties. Over the last 5 years, Houses in Biloela have seen a 78.40% increase in median value, while Units have seen a -43.72% decrease. As at 31 October 2024:
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