This 2,023m2 property had a Development Approval for 6 units. (Currently Expired)
These being 3 by duplex configuration.
Engineering plans completed also.
Short Walk to the Hospital.
Listed at Offers Over $100,000 plus GST. This equates to around $17,000 a Unit Site.....
With WDRC Incentives currently available now is an ideal time to develop this site.
AGENTS COMMENTS: This property provides an excellent opportunity for an astute investor to buy and hold and develop as the market improves.
Call Exclusive Marketing Agent Warren Daniells 0427 468 591 to arrange an inspection.
NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.
The size of Chinchilla is approximately 72.1 square kilometres. It has 16 parks covering nearly 1.2% of total area. The population of Chinchilla in 2011 was 5,487 people. By 2016 the population was 6,622 showing a population growth of 20.7% in the area during that time. The predominant age group in Chinchilla is 0-9 years. Households in Chinchilla are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Chinchilla work in a trades occupation. In 2011, 61.2% of the homes in Chinchilla were owner-occupied compared with 50.6% in 2016.
Chinchilla has 3,987 properties. Over the last 5 years, Houses in Chinchilla have seen a 79.86% increase in median value, while Units have seen a 51.70% increase. As at 31 August 2024:
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