22-24 Dawson Highway Biloela QLD 4715

DESCRIPTION

AMAZING POSITIVE CASH FLOW!! SOLID INVESTMENT OPPORTUNITY!!

Massive solid income, investors and opportunists take note!
This big bright CASH COW is calling!!

Located in the beautiful growing regional centre of Biloela, this opportunity will not last long! Biloela itself has a good rental demand with strong mining and agricultural interests in the area.
The inland rail announcement which is proposed to pass through the Banana Shire is sure to only strengthen the town and the possibilities for the future. You can read more about the proposed inland rail in this article:
https://www.queenslandcountrylife.com.au/story/7418052/barnaby-says-inland-rail-now-heading-to-gladstone/.

An investors dream block "Rosevilla" consists of 10 INDIVIDUALLY TITLED TOWNHOUSES!
ALL are rented and have a great history, each property is FULLY FURNISHED and all ten Townhouses consist of two bedrooms and a second living spaces. Also included in every townhouse is a dishwasher, fridge, washing machine, television and many more great inclusions!

Wanting more... an 800m2 block is also included!
In addition to the current amazing cashflow, an additional 3 to 5 units (STCA) could be built on the free block of land (under current zoning laws) which can increase both the asset base & rental income so much further!

This wonderful Townhouse complex is strategically placed in an area that can afford above normal rents in any cycle of the market, and it can also achieve exceptional (if not outstanding) rental returns in the boom and plateau stages of property cycles.

This incredible Portfolio consists of:

o 10 x fully furnished 2 BR units (20 bedrooms in total)
o 10 Bathrooms
o 10+ Car allotments
o Modern bright fit-outs
o Brand new furniture and white goods in each unit
o Fully tenanted
o Fully renovated in 2016
o $187,000 pa income (current)
o A separate 800 m2 block of land (on separate title)
o Possibility to fit 5 additional units under current zoning

Very Low vacancy rates
Diverse economy
Individually titled so can be sold separately.
Suit Self managed superannuation funds

Park your money here & watch it grow!!
INVESTORS THIS PROPERTY WILL NOT LAST LONG!!!

For all enquiries call Jessica of Pearl Property Agents now on 0430117048
www.pearlpropertyagents.com.au
.