APARTMENTS for SALE MORANBAH QUEENSLAND Peak Apartments Moranbah MICHAEL ROSSITER LJ Hooker Moranbah

AFFORDABLE LIVING IN MORANBAH WITH A RENTAL RETURN OF 9%* NET!!
This unique development will offer residents a comfortable accommodation alternative.

27 modern apartments that have been carefully designed to appeal to employees of mining and support industries.
Located in the Bowen Basin town of Moranbah, Peak Apartments have been carefully designed to appeal to employees of mining and support industries in Moranbah, providing unique and comfortable accommodation. Peak Apartments are ideally located to the Town Square and its amenities.

The architecture presents as modern contemporary style with a residential character in keeping with the area.
The development comprises 26 one bedroom, fully self contained apartments with a and ground level commercial space with an adjoining 2 bedroom apartment.

The one bedroom apartments, with an internal area of 50 square metres, are more than three times the size of the mining camp's single men's quarters. The apartments are fully air conditioned and feature stainless steel appliances, as well as a private balcony to extend the living area. There is one carpark on the title, which will also appeal to residents, along with the close proximity to the shopping centre and dining outlets.

The project is expected to be complete in September 2012.

FEATURES

• Ground level commercial space
• 1 x two bedroom apartment
• 26 x one bedroom apartments
* Each unit with its own capark
• Stainless steel appliances
• Data cabling
• Carpet to living and bedrooms
• Tiles to wet areas
• Built in robes
• Fully airconditioned
• Landscaped gardens

THE LOCATION

Moranbah is located in the heart of Central Queensland's coal mining country 200 km south-west of Mackay. It was founded in 1971 after the discovery of rich coal deposits in the area. It is a major accommodation centre for resident and non-resident workers and also provides a range of technical services, light engineering and logistical support for local mining operations.

There are currently 20 coal mines within a 100 km radius of Moranbah with further development expected, with a current accommodation shortage due to extreme employment growth in the local coal mining industry this is a greast investment opportunity for you.

In 2010 the estimated resident population was 8,500 and non-resident or fly in - fly out population was close to 3,000.
The apartments are located at 17 Bacon Street, Moranbah. Bacon Street is in close proximity to the town centre, which has excellent amenities including a shopping centre, hospital, schools and recreational parks, sporting facilities and dining outlets.

THE OPPORTUNITY

Peak Apartments at 17 Bacon Street offer an excellent investment. These large, fully self-contained apartments present a unique and comfortable accommodation alternative for mining and support staff.

To register your interest or for a full information pack please contact your local LJ Hooker Moranbah agent on +61 07 4941 5777 or CALL Michael Rossiter on +61 0418 458 237

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[MarjoryTheToothfairy]

Hi there am interested in more information, you talk about a 9% return, just what does that equate to in real terms. Having looked at property prices in general in the area I am guessing you will be asking in excessive of $300,000.00 to $400,000.00 per unit, correct?