132 Kariboe St, Biloela is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 875m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
This brick duplex offers an excellent opportunity to enter the property market or enhance any investment portfolio. Both units have a corporate lease in place until May 2023, Unit 1 - $300 p/w and Unit 2 - $320 p/w.
Each unit features the following;
2 Bedrooms with built in cupboards
The Biloela rental market has been very consistent over many years, this can be traced back to strong employment opportunities in our shire. Biloela is a multi-industry town and due to the different job opportunities in Biloela we are able to secure tenancies for a range of different housing standards and price points. Overall, Biloela offers great opportunities for investors to secure a good steady return on investment.
Council Rates: $2630 per half year 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 2,897 properties.
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