34 Edward Street, Caboolture QLD 4510

This magnificent property with a fastidiously renovated federation home sits on a very rare 1406 m2 of land on the banks of the tidal Caboolture River close to the town center and all amenities.
Zoned General Residential, Urban Neighbourhood Precinct, there is potential for a unit development with build height to 21 metres subject to Council Approval.

With this zoning the astute buyer will note that the land content value alone is worth the asking price of the property.

This zoning also provides numerous options for a buyer, including:

* Live in now and take advantage of the hard work that has been done by the owner.
Enjoy the benefits of the waterfront and location so close to the town center.
* Investment property to rent out and land bank for future development or capital gain.
* Develop now and take advantage of council development incentives.
Because of its central location less than 800m to the train station, this property falls
within the eligibility guidelines of the Moreton Bay Council's Incentivising Infill
Development Policy.
Subject to application the Council will consider refund of Application Fees and discount
infrastructure charges for any proposed development that meets the Council's conditions.

Features of the Property:

* 1406 m2 tidal riverfront.
* Fully renovated three bedroom federation home.
* New roof and gutters.
* New electrics - meter box, light switches, power points.
* New laundry & kitchen cabinets/sink.
* Freshly painted inside & out, new floor covering.
* Fully fenced, 5,000 litre rainwater tank.
* Single color bond garage plus 6m x 4m timber workshop.
* It is also being sold with a new electric stove, new fridge, new washing machine and
kitchen, bedroom & bathroom cabinetry.

If you have been looking for a property with development or growth potential, look no further.
For further details or further information, please contact Robert Seeto.