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CYPRESS PINES DRIVE, Miles$550,000
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CYPRESS PINES DRIVE

Miles, QLD 4415, Australia
$550,000
18.55 ha

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About this property

A get opportunity to purchase a Development Approved Site for a 77 Lot Residential Subdivision. All the hard work has been completed. The lots are all 800m2 or bigger. The Pines Miles boasts many of the towns finest homes and regarded as the premier residential address in town. A large majority of the blocks have a northerly or southerly aspect making it ideal for house designs and our lifestyle. Predominantly loam soil t create great building footprints. This project has been designed in 4 stages making it ideal to develop as demand arises. Current Owner completed Stages 1 and 2 as a single stage and have the Operational Works plans all but completed for stages 3 & 4. Just a quick review with the engineers and lodge with council should be all that's required. With stages 1 and 2 completed this has allowed the DA to remain open until required. With the region having so much energy and power activity this property makes the ideal opportunity for future development. The price of $550,000 is inclusive of GST. Call today for further information or to arrange an inspection NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details......

Property Details

Property Type
land
Listing Type
For Sale
Land Area
18.55 ha
Listed
3 months ago

Repayment calculator

$2,666/month
$1,333 /fortnight
Loan $440,000 at 6.10% over 30 years

Upfront costs

Deposit$110,000
Stamp duty$17,775
Conveyancing (est.)$2,000
Total upfront$129,775
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Miles

This land in Miles, QLD 4415 sits within reach of public transport, local shops and nearby schools. It is listed 2% below the $561,000 median of 10 comparable landswithin 5 km.

Schools near Miles

  • Miles State Schoolprimary · Prep-6 · CoEd
  • Miles State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)1.6 km away
  • Vinnies1.1 km away
  • Tierayboo Park1.0 km away
  • Apex Park1.0 km away
  • Anzac Park1.7 km away

Miles at a glance

Full suburb profile
Population
1,874
Median age
38
Household income
$1,263/wk
Median rent
$200/wk
Median mortgage
$1,020/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Miles price trend

Median sold · House 4 bed

Compound growth +18.7% / yr over 4 yrs

$470kcurrent median

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Price history

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1 price change recorded for this property

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