Semi-rural Acreage for sale

30628 Warrego Highway,

Miles, QLD

3 1 0
$1,200,000

Huge invesment opportunity 2x Houses and 160 acres with urban town zonning

Phone enquiry code for this property: 1562

This property carries an excellent investment opportunity. It affords itself to either the astute investor, or an owner-occupier that desires good capital gain in the not so distant future. The property represents an excellent investment opportunity.

The property is 64 hectares (160 acres), of relatively flat, flood free land, with two residences and water bore. The residences are 2 solid houses (3x bedroom and 4x bedroom), both contain reverse cycle air conditioning and are separately fenced.

The property carries urban plan zoning, allowing subdivision potential.

Live in one house, or rent both, and live out the back, power and water readily available.

The Surat Basin is beginning its expansion again. Interest in the Surat Basin is once on the rise. The Surat Basin now has all the necessary jigsaw pieces, and they simply need to be put together. The Nathan Dam has now been approved, and the Surat Rail link, is listed in the State Government Development Area (SDA) planning schemes part of the Surat Basin Infrastructure Corridor.

Miles is situated in the middle of all the major Surat Basins projects. Many projects have been approved and are being planed in the immediate area.

The current owners are genuine in selling and have acknowledged previous market conditions, because of the fall in commodity prices, this is reflected in the current price expectations. However, this cannot not last, as interest and planning increase in the area, property prices will also increase.

Many investors are quoted “Should have bought before the prices increased” Don’t miss this opportunity; do your own research; the area has many projects, no on the cusp of starting, once it starts, present opportunities will be missed.

Be mindful, as interest and projects begin to take hold in the area, property prices will increase.


Phone enquiry code for this property: 1562
Last updated: 10:14PM on Aug 2nd 2017
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