PROPERTY HIGHLIGHTS:
Established business - 30 years strong
Modern building centrally located to C.B.D
First National Real Estate Biloela, are proud to present this exceptional modern building centrally located to the Biloela CBD with long lease.
KEY PROPERTY INFORMATION:
Land area: 1293m2*
Floor area: 600m2*
Car spaces: 10
Property extent: Whole/Freehold
Zoning: Commercial business
Municipality: Banana Shire Council
Tenure: Tenanted Investment
TENANTED INVESTMENT DETAILS:
Occupancy: Fully Leased
Gross Income p.a.: 7.5% (based on a purchase price of $1.95m, rent $146,250+GST p.a.)
Tenant: Accounting and You (established business of 37+years with 3 offices located in Monto, Gladstone and Biloela)
THE PROPERTY HAS THE FOLLOWING INVESTMENT HIGHLIGHTS:
10-year lease at time of settlement + options to 2047
Tenant to pay outgoings
Fixed annual rent increases of 3%
Modern building centrally located to CBD
##kws Solar Power System
1293m2 corner site located close to Big 4 banks (ANZ, CBA, NAB, Westpac)
Fully lockable staff courtyard with 10 employee parking spaces
Customer parking at front of building
*Approximately
The size of Biloela is approximately 17.6 square kilometres. It has 17 parks covering nearly 7.8% of total area. The population of Biloela in 2016 was 5758 people. By 2021 the population was 5692 showing a population decline of 1.2% in the area during that time. The predominant age group in Biloela is 30-39 years. Households in Biloela are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Biloela work in a trades occupation.In 2021, 57.60% of the homes in Biloela were owner-occupied compared with 57.50% in 2016.
Biloela has 2,908 properties. Over the last 5 years, Houses in Biloela have seen a 125.66% increase in median value, while Units have seen a 74.99% increase. As at 31 December 2025:
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