An exceptional investment opportunity generating solid rent return of $47000 p.a net, underpinned by a long term ground lease (mobile phone tower) to Telstra:
- 10 year term to 2023 plus options to 2038
- current rent $15000 p.a excl. of GST paid yearly in advance
The size of Quoiba is approximately 3.9 square kilometres. It has 8 parks covering nearly 16.9% of total area. The population of Quoiba in 2011 was 419 people. By 2016 the population was 419 showing a stable population in the area during that time. The predominant age group in Quoiba is 60-69 years. Households in Quoiba are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Quoiba work in a labourer occupation. In 2011, 84.6% of the homes in Quoiba were owner-occupied compared with 82.8% in 2016.
Quoiba has 320 properties. Over the last 5 years, Houses in Quoiba have seen a 102.73% increase in median value. As at 31 October 2024:
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