Located on the upper banks of the Caboolture River is this great investment opportunity. Zoned Res B for unit development, this property is prime for the picking! Reduced from $599,000 the sellers are serious about getting this property sold!

The property features a 3 bedroom timber home, master with ensuite, open plan lounge & dining, good sized kitchen and separate living. There is an enclosed patio entertainment area and a 4 bay shed (6m x 12m approx.) with 2 carports.

The property is currently tenanted for $280 per week but the house is need of repair, and being sold as is.

When considering this property, there are a few options on the table… You could:
1. Have plans approved and DA issued, and simply re-sell for an immediate profit
2. Renovate the property and rent it out for a few years with the view of re-selling in the future for a profit
3. Bull-doze the property and develop yourself
4. Bull-doze the property and build your dream river front home

Either way, there is 1593sqm to play with… do as you please!

Neighbouring the property to the West is an established unit complex, the East is a proposed unit development and the south is absolute water frontage.

Advantages of this property include:

- Walk to Caboolture town centre
- Close to Rail & Buses
- Easy Highway access via King Street
- Only minutes to Morayfield Shopping Centre
- On the Eastern side of the weir meaning boat access to pumicestone passage & bribie island
- Good 20m street frontage
- Immediate rental return
- More options than you can poke a stick at!
For further information, or to view this great opportunity for yourself, simply Call, Text or Email Kris with a “K” Sutcliffe Today!