This is a fantastic investment opportunity for investor/s looking to get started straight away.

The initial hard work has been done for you by the current owners. They have cleverly designed an apartment block with nine units, without the necessity for a lift.

The existing house on the block is a lovely split level three bedroom, one bathroom home with room for two cars, end on end. It has a well appointed functional kitchen with open plan dining and lounge. There are three good sized bedrooms and the house has polished timber floors.

Outside there is plenty of room for the kids and pets to play. There is side access and a large garden shed out the back.

The property is currently tenanted at $280 per week, which is great to have rental income whilst putting this fantastic property through its paces when negotiating the development stages.

Caboolture is considered the most northern city centre of the greater Brisbane metropolitan region and is located half way between Brisbane City and the Sunshine Coast and other major shopping centres and 20 minutes to Bribie Island for your beach and fishing lifestyle. Other local highlights are the Caboolture Airport, the world class Queensland Equestrian Centre facility, bus and train terminal, Tafe/University, private and public hospitals, as well as shopping and business precincts.

Please call me to arrange an inspection or if you require further information.

Res B zone 809m2 block
DA approved to 31/5/2016
Walk 250m to train station
Close to Highway
Walk to Hospitals
Walk to Uni and TAFE
Walk to Schools
Walk to CBD and Shops
Three beds, one bath, two car
Fantastic investment