55 Lower King Street, Caboolture QLD

For Sale

Leisure

SOLD

1m2

Ray White Commercial North Coast Central is pleased to offer this unique asset located at 55 Lower King Street, Caboolture for sale. Presenting a return of circa 10%, this is an opportunity not to be missed.

Key Features:
- Modern two-story, 15 room Back Packers with 120 bed capacity
- Prominent location, within the Caboolture Centre Incentives Area
- Tightly held accommodation market
- Only Back Packers in Caboolture
- Leased to September 2019 with 3 x 3 year options
- $250,000* per annum net income
- Solar Power
- Short walk to Caboolture Train Station and local Shopping Centre
- Motivated Vendors have given clear instructions to sell, present all offers!

For further information or to arrange an inspection, please contact Chris Massie.