OFF MARKET

82-84 Kariboe Street
Biloela QLD 4715

Bedrooms: 12
Bathrooms: 12
Car spaces: 6
Land area: 1244m2
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Property Details for 82-84 Kariboe St, Biloela

82-84 Kariboe St, Biloela is a 12 bedroom, 12 bathroom Unit with 6 parking spaces. The property has a land size of 1244m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Land Size
1244m2
Local Government
Banana Shire
Lot/Plan
318/B7442

Last Listing description (January 2022)

One of the most lucrative residential investments on the market today, this complex comprising of 6 semi-furnished townhouses is situated within 100* metres of the Biloela CBD. The location ensures a history of high occupancy by being a short stroll away from restaurants, hotels, supermarkets, gyms and retails stores.

Land area 1,244 square metres, zoned General Residential Multiple Dwelling.
The upper level of each townhouse is the spacious, air-conditioned main bedroom with built-in robes and an ensuite.

The lower levels consists of an open plan kitchen and living, plus the second bedroom with built-in wardrobes. Also on this level is the family bathroom with separate toilet and an internal laundry.
This property is currently achieving a net income of 9% with no body corporate fees.
The complex has been managed by Ray White Biloela over the last 18 years and enjoys full occupancy with low vacancy rates.
This property provides a fantastic opportunity to secure a cash positive investment in a great location.
2020/2021 financial information available.

Sale $790,000

Private inspection by appointment only.

*Approx

Property History for 82-84 Kariboe St, Biloela, QLD 4715

A timeline of how this property has performed in the market
Last Sold
$780,000
29 Nov 2021
Listed for Rent
$230/w
17 Nov 2010
  • 29 Nov 2021
    Sold for $780,000
  • 16 Nov 2021
    Listed for Sale SOLD - Price Withheld
  • 04 Nov 2010
    Listed for Rent - Price not available
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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 2,905 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:

  • The median value for Houses in Biloela is $303,893 while the median value for Units is $228,722.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 34 properties listed for sale, and 2 properties listed for rent in Biloela on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Biloela.

Suburb Insights for Biloela 4715

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.