29 Mortimer Street, Caboolture QLD 4510

This low-maintenance complex comprised of 4 units presents an exceptional opportunity for investors looking for long-term capital growth and a steady yield. Positioned on 809sqms of prime land, a few blocks back from the main road yet moments to a fantastic selection of local shops, cafes and restaurants. The ultra-convenient location is popular with its easy access to public transport and quality primary, secondary and tertiary education campuses and the nearby Caboolture Hospital. * 2 x 2 bedroom ground floor Duplex set - each self-contained with open plan living and dining, functional kitchen and separate laundry. * The rear three bedroom units are elevated to the first storey and enjoy great breezes through-out from the spacious balconies facing North/East. The underneath has two lock-up garages which belong to the units above; the other side is the single carport parking for the front. Visitors car parking available at the front and one at the rear. Features include: * There is no body corporate as the units are not strata titled * 809 sqm block of LMR land perfect for future development (STCA) * 20.2m frontage x 40.4 depth (two blocks back from Lower King Street and Train Station). * Moments to Caboolture Shopping Centre, Caboolture Hospital and train station. * All currently leased Rental income of $55,120.00 P.A. Come, inspect, and envision the endless possibilities with this incredible site. Oozing potential to redevelop in the future (STCA). Perfect for investment purposes, owner occupier or renovator/builder, to create your dream home while generating income from the other residences, the options are plentiful.