Four x 2 Bedroom Home Units located at Nebo in the heart of the Bowen Basin Mining Operations with a current passive rental income of $55,000 per annum.
The option is also there to take advantage of the Owner's work in obtaining a DA to modify and extend the project to 6 x 3 Bedroom Home Units with a projected gross annual income in excess of $100k. Great opportunity for a company looking for secure accommodation in the expanding coal mining industry or the astute investor.
Copies of the Decision Approval and Plans are available on request.