Delyse at Middlemount in the Bowen Basin mining area

Property ObserverMarch 17, 20130 min read

{yoogallery src=[images/stories/2012/12/devspotlight_thepinnacle_DelyseMiddlemount]}

*Lifestyle Images courtesy of Minco Photography

Capricorn 151 Developments has recently launched Delyse, a planned residential community of 66 two-bedroom homes in Middlemount.

Just over two hours drive from the coastal town of Mackay, Delyse is an opportunity for substantial high returns from an investment property.

With big rental yield returns, Delyse is offered as an ideal choice for long-term investors.

Middlemount is one of the main central Queensland towns servicing the Bowen Basin mining industry including active mining companies like Anglo Coal, Macarthur Coal, Capcoal, Foxleigh, German Creek and Middlemount Mine.

The Bowen Basin area saw an increase of population by 17.6% from 32,897 in 2001 to 38,687 in 2006 attributed to the early establishment and construction phases of coal mines.

Looking to the future, research indicates that population will continue to grow in this region as the demand for industry workers gathers momentum as more mines shift their levels of coal and gas productions to satisfy growing export requirements.

Further population growth has been estimated as 48,650 people by 2021 (that’s only eight years from now).

Marketing agent, Graeme Sharp, director of Ray White Project Marketing, said there was huge, long-term demand for accommodation in Middlemount.

“Now that the coal mines are moving into greater production phases and the expectation of continued population growth is sustainable, new communities such as Delyse is a welcomed new amenity in Middlemount.

“Delyse perfectly fits the criteria for workers and their families wanting to live closer to employment regions, some of which are only 25km drive from Middlemount.

"Meeting the needs for permanent accommodation suitable for singles and families is important.”

Delyse is a centrally located residential development offering new two bedroom homes featuring air conditioning, quality appliances, security screens, floor coverings and fans, blinds, turf and fencing. The complex offers resort style facilities including a swimming pool with shade cloth, gazebo, barbeque area, exercise room and recreation centre with billiards table and plasma screen TV.

“Investors have a unique opportunity to purchase a home that earns high rents right from settlement.

"With selling prices set at $399,000 inclusive of furniture packages and with rental incomes of up to $750 per week, that’s an expected yield of around 10% per annum," said Graeme Sharp.

Established in the early 1980’s, Middlemount was a purpose built coal-mining town with typically most dwelling constructed by the mines themselves.

The thriving community offers all the infrastructure you would expect of a well-established 30 year old town including an airstrip, hospital, dentist, sporting clubs, a golf course and racecourse, shopping centre, childcare and education services for all ages from birth until Year 12.

Leisure activities and attractions are only a stone’s throw away to majestic Bundoora Dam, which is great for fishing, skiing and swimming. Panoramic views from Blue Mountain Park are a perfect place to have a family barbecue on the weekends.

Construction has commenced and stage one homes are anticipated available for occupancy from mid 2013.

For a complete information kit contact the sales consultant Garth Rothwell.

Developer: Capricorn 151 Developments Pty Ltd

Marketing: Ray White Project Marketing

For a complete information kit contact the sales consultants:

Graeme Sharp 0412 743 671

Garth Rothwell 0404 841 095

Property Observer

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