Development opportunity in prime Caboolture location.
809m2 Residential B block of land.
Centrally located to all amenities including hospital, primary and high schools, child care centre and new Woolworths development.
Walking distance to Caboolture train station.
Residential B land use triggered under the local authority of Moreton Bay Regional Council facilitates development subject to local authority approval – 40% site cover, maximum height is 15m (4 storeys) and units or townhouses.
House is currently rented for $250 per week and could potentially increase to $270 per week allowing for holding income whilst obtaining development approval.
Adjoining owners have interest in amalgamating their land, also 809m2, to allow for a larger development on 1618m2 total.
Call today to arrange your inspection.
Sustainability Declaration available from our Bracken Ridge office.
Zoned Res B
Holding income
809m2 or 1618m2 total
Wide 20.1metre frontage
Flat and fully serviced