8 Francis Street, Caboolture QLD 4510

Auction Location: On-site & online!.

This SOLD at Auction so sorry if you missed out again!
An exciting opportunity offering MANY HAPPY RETURNS - even beyond Christmas could make 2021 and beyond your best yet as a savvy investor.

In a world with less certainty - nothing beats bricks & mortar with solid returns & no body corp fees!! “Better than a bank? “- should be our caption here.

This entire unit block - comprising of 4, is an excellent opportunity for those seeking positive returns & income - as well as land banking for the future in the “mixed use” development zone. Serious investors or mum & dad investors - just wanting to dip their toe in the water have got it so good here, with this incredibly low risk opportunity. Each unit comprises of 2 bedrooms, one bathroom, a lock up garage, and individual driveways. They are also low-maintenance, and have recently enjoyed a mini refurb externally. Additionally 2 units have recently been painted inside.

Offering a "covid-safe" income - just under $1000 per week for all 4 units, with 2 rents set to increase to $250 per week in the new year, bringing returns to $1000 per week. This unit block is also home to long-term tenants of 6 years, 12 years & 2 lots of 2 years.

- Rates at $1643 per quarter.
- No body corporate fees.
- The units are all on one title.

Francis Street is on the door step of the town centre - minutes to the station, hospitals, TAFE, Centenary Park, local shops as well as Westfield at North Lakes & Central Lakes shopping centre! It's close to the highway for travel to the Sunshine Coast, or Brisbane just to the south. This is a thriving area with a high demand for housing/units There's also a surge of redevelopment going on!

Caboolture is fast becoming a great lifestyle option - so close to Bribie Island, organic farmers market each Sunday, beautiful Caboolture park, art hub gallery & art shops - there's a lot going on. It's a friendly laid back community right here - which is why the long term tenants are set to stay! 

Be quick as the last block we had brought 10 offers! You know the saying “safe as houses?” Well you better believe it!

We are committed to sell on or before auction!

Please contact Gaby for an information pack with all relevant information and a copy of the contract, rates etc.