55 Lower King Street, Caboolture QLD

For Sale




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.