Situated in a street that has already experienced a number of successful re-developments, this prime 855m2 (approximately 20m frontage x 43m deep) Urban (Res B) zoned property is adjacent to existing townhouse complexes and is a prime candidate for similar transformation. Located just 250m from Caboolture station, with central business district directly beyond, it is ideally positioned to benefit from an increase in dwelling density.

Equally, no need to rush a DA through as holding costs are underpinned by an existing 4 bedroom high set house, currently tenanted and offering a handy rental income. Minimal ongoing vacancy times will be assisted by attractive open plan living (wood floors) with renovated kitchen and bathroom, plus front veranda and single garage beneath with large adjacent storage. Proximity to amenities will further enhance the rental appeal.

An ideal starter’ development project or for those more experienced, yet with flexible timescales/ongoing income to sit and rent in the short term. Don’t miss out on an opportunity to be the next in line – Call John today!