305 King Street, Caboolture QLD 4510

Welcome to 305 King Street, Caboolture...

An extremely rare future development opportunity with excellent potential to capitalise on your investment via a number of options; either Sub-divide into smaller min. 600m2 blocks or build a multi-level townhouse/ unit complex with the added bonus of having two street frontage access (via King Street & Marigold Street). *subject to local authority approval/s
Please note this sale proposal is all about the size of the land and its future development potential. The house was originally built in 1980 and is now showing its age in regards to its overall condition.

In saying that, you currently have the benefit of an instant return on your investment as the property is tenanted until Mid 2022 with the current tenants due to continue paying $400.00 rent per week starting Jan 2022.

The house size is approx. 370m2 under roof with features including;

> Wrap around verandah on 3 sides
> Large carpeted lounge room with fireplace
> Dining room
> Spacious kitchen with ample cupboard space, Westinghouse oven & electric stove
> Main entry room
> Air conditioned master bedroom with large full length built in robes
> 3 Other bedrooms
> Bathroom with shower, bath & vanity
> Separate toilet
> Rumpus or utility room with access to verandah
> Separate spacious laundry
> Single width lock up garage

Situated on a fully fenced 3,249m2 block with no easements or flooding concerns. The block itself boasts an impressive 42m frontage which will surely assist you with future planning.

The property is in a superb location along Caboolture’s main street where precedence for subdivision/ unit / townhouse developments has already been set.

Situated within proximity;

> 100m from the Kings Circle Shopping village with Bottle Shop, Baker & Spa Convenience
> 7 minutes drive to the Caboolture Train Station
> 11 Minutes drive to Access the Bruce Highway (North or Southbound)

For more information on this excellent potential for development on this property, we recommend contacting Andrew or Sam at ARC Surveys Caboolture on 07 5495 5977 and of course the Moreton Bay Regional Council (MBRC) on 1300 477 161 to complete your own buyer due diligence.

Due to the value of this opportunity, we are expecting strong interest in this property, so be sure to register your interest with Scott Lachmund or Jarrod Willis direct before this rare opportunity is missed.

*All comments in this property description are to be used as a guide only and are subject to individual buyer due diligence & local authority investigation/s.