This prime 855m2 (approximately 20m frontage x 43m deep) urban neighbourhood zoned property is adjacent to existing townhouse complexes and is an ideal candidate for similar future redevelopment. Located just 250m from Caboolture station, with central business district directly beyond, it is ideally positioned to benefit from an increase in dwelling density.
Equally, just as easy to retain ‘as is’ at present, with holding costs underpinned by an existing 4 bedroom high set house, currently tenanted and offering a handy rental income. Minimal ongoing vacancy times will be assisted by attractive open plan living (wood floors) with renovated kitchen and bathroom, plus front veranda and single garage beneath with large adjacent storage. Proximity to amenities further enhances the rental appeal.
Also well placed for easy access to Caboolture Hospital and the Bruce Highway, this represents an ideal ‘starter’ development project yet with flexible timescales/ongoing income to sit and retain as needed. Call today to discuss this great opportunity.
