30628 Warrego Highway, MILES, QLD 4415

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 (out of the 1 in 100 year flood markers), There are two residences and water bore. The residences are 2 solid houses (One three bedroom residence, the other a four bedroom residence), both contain reverse cycle air conditioning and are separately fenced. The property carries urban zoning, allowing for future subdivision, with nearly all the preliminary work (plans etc) completed. Live in one house, or rent both, or construct another dwelling and live out the back, power and water readily available. Interest in the Surat Basin is steadily rising. Many Surat Basin projects have approvals in place. The Glencore mine is approved and other mines are seeking approvals, the Nathan dam is approved, the missing rail link (Wandoan to Glencore) has been approved, all of Miles townships infrastructure (sewerage, airport etc) has been upgraded to cope with the subsequent population increases. Miles is situated in the middle of all the major Surat Basins projects, with solar, gas, wind, carbon capture and of course coal, and due to new FIFO regulations, nearly all employees will be required to reside locally . As interest and projects begin to take hold in the area, post covid19, property prices will increase.