Excellent investment opportunity in North Brisbane’s Growth Corridor. This block of eight townhouses is moments from Caboolture’s bustling town centre and provides an abundance of investment opportunities. Sit and hold all eight units for strong returns, sell off some of the units individually at a later date, or further develop the site STCA. All eight apartments are already individually strata titled and returning close to $130k PA, making them an excellent option for buyers looking for a strong yield, as well as capital growth. Sitting on 1,400m2 of prime land, there are also a number of development options that would suit this in demand pocket of Caboolture. Standout features include: - 8x 3 bedroom townhouses - 1 bathroom + extra toilet down stairs in all townhouses - Updated kitchens - Combined living/dining areas - All townhouses have private courtyards - Ceiling fans throughout - Single lock up garages - 4 visitor car spaces - 1400m2 Block – Potential for future development - Walking distance to the shops and Caboolture station - 1km to Caboolture Hospital and Caboolture Private - 600m to Caboolture State High School - 1km to St Peter’s Catholic Primary School - 2.5km to Grace Lutheran College Currently returning $128,700 pa Gross Current Outgoings: Rates $11,900 PA Water $11,200 PA Insurances $7,310 PA Management Fees $8,700 PA Ideally positioned 48 minutes north of Brisbane CBD and 42 minutes south of the Sunshine Coast, Caboolture's population is set to explode in the coming years. More than 60,000 people call Caboolture home already but that number is set to rise with the Caboolture West satellite city. The monster $9.5 billion greenfield development is set to become home to almost 70,000 new residents within the next 40 years. Caboolture features public transport, a hospital, plenty of quality schooling options and shopping centres. The median house price in Caboolture is $385,000 and sales levels have tripled in the past 12 months with prices rising fast. Caboolture also has one of the lowest rental vacancy rates in Greater Brisbane with rent rising strongly. The median price for a 3 Bedroom unit is $299,000. Caboolture features prominently in many investment circles for long term growth and stability. Don't miss out on this rare opportunity, call Stefan or Sarah for more information.