46 Kemmis St, Nebo is a 8 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 1536m2.
Four x 2 Bedroom Home Units located at Nebo in the heart of the Bowen Basin Mining Operations with a current passive rental income of $55,000 per annum.
The option is also there to take advantage of the Owner's work in obtaining a DA to modify and extend the project to 6 x 3 Bedroom Home Units with a projected gross annual income in excess of $100k. Great opportunity for a company looking for secure accommodation in the expanding coal mining industry or the astute investor.
Copies of the Decision Approval and Plans are available on request.
The size of Nebo is approximately 876.9 square kilometres. It has 5 parks covering nearly 2.5% of total area. The population of Nebo in 2011 was 841 people. By 2016 the population was 756 showing a population decline of 10.1% in the area during that time. The predominant age group in Nebo is 30-39 years. Households in Nebo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nebo work in a machinery operators and drivers occupation. In 2011, 50.7% of the homes in Nebo were owner-occupied compared with 48.9% in 2016.
Nebo has 604 properties. Over the last 5 years, Houses in Nebo have seen a 91.55% increase in median value, while Units have seen a 233.08% increase. As at 31 October 2024:
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