$270,000

1/38 Kipling Street, Caboolture, QLD, 4510, Australia

3
1
2

Property Location

Map of the surrounding area
Nearest stations
Caboolture
892M (11 mins)
Welcome to 1/38 Kipling Street, Caboolture...

A 3 bedroom, 1 bathroom highset home currently tenanted with a long term lease in place until May 2021. Achieving $320.00 rent per week, at this asking price, it equals a very strong gross return of approx. 6.18% before any negotiation making this property the ideal addition to your investment portfolio.

Property features include;

> Carpeted lounge room upon entry
> Stylish window coverings throughout
> Dining & Kitchen with vinyl flooring & electric cooking
> Bathroom with shower over the bath with floor to ceiling tiles & vanity
> 3 carpeted bedrooms
> Spacious Master with double built in robes
> Front balcony

Heading downstairs via the external front or rear stair cases there is a 2 car garage with roller doors as well as a large multi purpose room ideal for a man cave or hobby room. This downstairs area offers great potential to build in underneath with the ceilings being extra high.

The home is free-standing, however it does form part of a Community Title due to the original 810m2 block being divided. Please understand there are definitely NO body corporate fees or additional costs involved when purchasing or maintaining this property. All insurances are kept separate and approx. 450m2 of front & back yard space around this home has been fully fenced to provide absolute separation between lots 1 & 2.

Located within the “Educational Precinct” of Caboolture, Investors & tenants will both enjoy this property being within walking distance/ close proximity to:

> TAFE Queensland
> Caboolture Train Station
> Caboolture Hospital
> Central Lakes Shopping Village

The combination of this property’s location, the extremely affordable list price of $269,000 as well a strong rental return of $320.00 rent per week is the reason this property will not last long. We expect strong interest from any level investor.

Be sure to contact Scott Lachmund or Jarrod Willis today before this opportunity is missed.
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