217 Bridge Street Oakey QLD 4401

217 Bridge is an investors dream. This low maintenance property is currently tenanted at a whopping $400 per week!

On top of the incredible residential return on investment, this property is also zoned as “Industry” – allowing the smart investor to continue capitalising in the ever-evolving community.

However, this opportunity is not just closed off to the investor. This is the perfect springboard for a first home buyer or owner occupier with immediate need for a residence but aspires to build a residential or commercial portfolio with solid foundations.

Features include:
- Open plan kitchen and living area.
- Generously sized bathroom including a bathtub and separate shower.
- Laundry
- Large garage
- 911m2 block
- Unlimited opportunities

Oakey is located approximately 30km from Toowoomba and 60km from Dalby. This reliable country town has deep foundations provided by the strong rural based industry that has supported the growth and development of Oakey for generations. The town boasts an abattoir, cattle feedlots, stockfeed manufacturing and processing, grain trading, and transport businesses.

Oakey is widely known for the Swartz Barracks, formerly known as the Oakey Army Aviation Centre, which hosts the Republic of Singapore Airforce Oakey Helicopter Group. The Barracks also provide officers and soldiers with practical on-the-job aviation training.
Oakey’s history rich military history is highlighted and on show at the Army Flying Museum located within minutes of the town.

On top of all this - within 10kms of Oakey is the newly expanded Acland coal mine which provides another stream of opportunity for the surrounding local communities. It is reported that the expansion that begun in late 2022 received over 1,000 expressions of interest for potential employment at the time.

This property is bursting with opportunity, don’t let it be the one that got away!

LAND SIZE: 911 sqm* Approx.

GENERAL RATES: $1,028.61 NET Half Yearly Approx.

WATER RATES: $349.55 NET Half Yearly Approx.

GENERAL TENANCY AGREEMENT: This property is currently tenanted with an agreement in place until June 2024.

To arrange an inspection or learn more, contact Jack Connolly on 0407 840 725