55 Moon St, Caboolture South, QLD, 4510 - House Sold on 25 08 2023

SoldAug 25, 2023

55 Moon St, Caboolture South, QLD, 4510

$420,000

405 m²

House

•

25 days on the market

Sold: Aug 25, 2023

What's around 55 Moon St

High-Set Entry Level Property With Development Potential!

Welcome to 55 Moon Street, Caboolture South… Calling all first home buyers and investors! This high-set property is ideal for a savvy investor or a motivated entry level owner looking to get a foot in the market! Competitively priced and ready for sale, this property offers buyer's great value and potential. Whether you’re an investor looking for another quick and easy addition to your portfolio, or a driven owner occupier looking to get into the property market, you can’t afford to miss a property and opportunity like this! PROPERTY FEATURES INCLUDE; > Carpeted living area with ceiling fan > Vinyl flooring throughout > 3 bedrooms all carpeted – Master with ceiling fan > Main bathroom with vanity, shower-over-bath and a separate toilet > Kitchen features electric cooking with access to external staircase > Spacious multipurpose space downstairs > Separate downstairs laundry > Smoke alarm compliant > Fenced backyard > Electric hot water > Development potential Built in 1980, this home sits on a spacious 405m2 corner block with low maintenance gardens. Exuding potential, this property has the perfect foundation to be renovated and flipped for sale, or kept as your own and given some TLC and modernisations. There are no easements or flooding concerns for this property allowing full use of the block. RENTAL APPRAISAL If you’re an investor, we have a current rental appraisal completed of $350 - $370 p/w. Based on the asking price, you will be looking at an approximate future gross return of 4.9% per annum. TENANCY Please note there is a current tenancy in place until 18th September 2023 at $350p/w. DEVELOPMENT This property is zoned 'Next Generation' and has the ability to have a granny flat addition OR be subdivided into two smaller blocks with Council approval. LOCATION This property is conveniently located within walking distance to the Caboolture/Morayfield business, shopping and medical precinct. There is easy and convenient access to public transport and the Bruce Highway for both North and South bound commuters. If this property ticks all your boxes, be sure to register your interest for our upcoming open homes with our Agent Ali Heeps today on 0450 522 671 or ali@4510.com.au.