With a high-profile national tenant this fully leased investment offers a suburb entry level commercial property opportunity. Located in the heart of the Biloela CBD, the building sits on an corner site with high profile to Kariboe Street.
• Current rent $61,800pa*^ excluding GST
• Current lease expires 31/1/2026
*Approx
^As of February 2024
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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