Investment Opportunity
This is your chance to secure a great investment or owner occupied property with your extended family or friends. The property is located on the out skirts of Imbil and consist of 6 acres with three cottages. The homes are all separately metred and there is a good bore servicing the three homes. All three cottages are currently being rented out with a combined rental income of $560 per week. Two of the cottages are two bedrooms both have had renovations carried out and the third cottage is three bedrooms: still in need of renovations. The land is useable with two good dams. If you cant get into the market place on your own then why not buy this property with some friends and share the total. If there were three friends then all you would need to contribute is a third of the costs to purchase. Inspections are by appointment.
Additional feature/s - Sustainability declaration available - pleae contact our office for a copy..
The size of Imbil is approximately 197 square kilometres. It has 3 parks covering nearly 77.9% of total area. The population of Imbil in 2011 was 941 people. By 2016 the population was 928 showing a population decline of 1.4% in the area during that time. The predominant age group in Imbil is 50-59 years. Households in Imbil are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Imbil work in a labourer occupation. In 2011, 66% of the homes in Imbil were owner-occupied compared with 72% in 2016.
Imbil has 621 properties. Over the last 5 years, Houses in Imbil have seen a 94.87% increase in median value, while Units have seen a -50.80% decrease. As at 31 October 2024:
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