179 King Street, Caboolture QLD 4510

Welcome to 179 King Street, Caboolture…

This property presents buyers with the PERFECT opportunity to get a foot in the door in this busy market!

Property features include;
> Timber flooring throughout
> High ceilings throughout
> New modern kitchen with electric cooking
> 3 bedrooms
> Bathroom with vanity and shower over bath – separate toilet
> Separate laundry with ample storage
> 2 split system air conditioners - 1 in the living area and 1 in the main bedroom
> Freshly painted throughout
> Solar installed
> 2 bay shed

Situated on a low maintenance 1,012m² block, there is plenty of space to add additional features such as a pool or otherwise to the property if desired.

Built in 1965, this home has so much character and welcomes buyers with open doors! With the advantage of being able to add plenty of value to the property for minimal costs, you can really transform this charming home with ease – or leave it as is and continue reaping the rewards!

There are also no flooding concerns with this property. There is a small easement along the front boundary line.

LOCATION
Located on King Street in Caboolture, this property is central to all essential services and amenities.
> Caboolture Town Square – 3 minute drive
> Caboolture Train Station – 5 minute drive
> Caboolture Pool – 1 minute drive
> Caboolture State School – 4 minute drive
> St Paul's Lutheran Primary School and Kindergarten – 2 minute drive

TENANCY
This property is currently tenanted with a periodic lease. The current rent received is $320 p/w.

Due to recent improvements made to the home and current rental market, the updated rental appraisal is $460-$480 p/w. At the current asking price, investors could see a GROSS RETURN OF APPROX. 5.2% based on $480 p/w future rent received!

Contact Ali Heeps to register your interest today for our upcoming advertised open home or to find out more.