29 Mortimer Street, CABOOLTURE For Sale

$850,000

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*****INVESTOR ALERT - 4 UNITS ON ONE TITLE RETURNING $55,120.00 P.A. OPPORTUNITY KNOCKS $$ - POSITIVE GEARED?*****

This low-maintenance complex comprised of 4 units presents an exceptional opportunity for investors looking for long-term capital growth and a steady yield. Positioned on 809sqms of prime land, a few blocks back from the main road yet moments to a fantastic selection of local shops, cafes and restaurants. The ultra-convenient location is popular with its easy access to public transport and quality primary, secondary and tertiary education campuses and the nearby Caboolture Hospital. * 2 x 2 bedroom ground floor Duplex set - each self-contained with open plan living and dining, functional kitchen and separate laundry. * The rear three bedroom units are elevated to the first storey and enjoy great breezes through-out from the spacious balconies facing North/East.The underneath has two lock-up garages which belong to the units above; the other side is the single carport parking for the front. Visitors car parking available at the front and one at the rear.Features include:* There is no body corporate as the units are not strata titled* 809 sqm block of LMR land perfect for future development (STCA)* 20.2m frontage x 40.4 depth (two blocks back from Lower King Street and Train Station).* Moments to Caboolture Shopping Centre, Caboolture Hospital and train station. * All currently leased Rental income of $55,120.00 P.A. Come, inspect, and envision the endless possibilities with this incredible site. Oozing potential to redevelop in the future (STCA). Perfect for investment purposes, owner occupier or renovator/builder, to create your dream home while generating income from the other residences, the options are plentiful.

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Property Agents

  • Vicki Ford RE/MAX Victory, Caboolture South

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