Whether you're looking to enter the property market, add to your investment portfolio or secure a low-maintenance home in a convenient Caboolture location, this well-positioned two-bedroom unit is well worth a look.
Located on the top floor at the front of a small brick complex, the position provides excellent natural light and the benefit of the property's elevated position, helping capture the cooling breezes.
Inside, the practical layout offers a comfortable open living and dining area, serviced by a galley-style kitchen with a breakfast/servery bench, creating a great connection between the kitchen and living space.
The master bedroom is generously sized, while the second bedroom provides flexibility for guests, children or a home office.
Downstairs, the single lock-up garage also incorporates the laundry, providing secure parking and additional practicality.
Property Features:
* 2 bedrooms
* 1 bathroom
* Single lock-up garage with internal laundry
* Top-floor, front position within the complex
* Brick construction
* Great natural light
* Excellent natural breezes
* Practical galley-style kitchen
* Kitchen servery opening to the living/dining area
* Generous master bedroom
* Currently tenanted till June 2027
* Low-maintenance investment opportunity
* Investment Opportunity
The property is currently returning $280 per week under its existing tenancy. The current owner has maintained a particularly good relationship with the long-term tenant and has deliberately kept the rent below current market levels.
For an investor looking toward the future, there appears to be scope to improve the rental return, with an indicative market range of approximately $350$390 per week or potentially more, depending on the property's presentation and any improvements undertaken.
Even relatively simple cosmetic updates could provide an opportunity to improve both the property's appeal and its future rental return.
Properties offering a top-floor position, natural light, good breezes and genuine rental upside don't come along every day.
If you're looking for an affordable investment with room to add value, or simply want a well-positioned two-bedroom unit in Caboolture, 3/6 Lee Street deserves your attention.
Contact us today to arrange your inspection.
