4 Adjoining Houses

SOLD

14,16,18 & 20 Railway Parade

Caboolture QLD 4510

Land

FOR SALE

- Total land area: 3,150m2* (over 4 titles)
- Gross rent: approx. $57,460* p.a. (5.5%* return)
- Long term tenants with possibility to increase rental return
- Buy and hold benefiting from strong rental yield, develop part, or whole in this major growth locality
- General Residential Zone - Urban Precinct
- Building Height Limit - 27* metres
- Previously approved for 58 units over 2 buildings (5 levels)
- Development options: townhouses, apartments, residential care/retirement, student and short-term accommodation^
- Walk to Caboolture Train Station, bus, Caboolture Private Hospital, University/TAFE, shopping centres and a range of schools

For further information, please contact the Ray White Special Projects (Qld) marketing agents

*approximately
^Subject to Council Approval