FOR SALE
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40-42 Lee Street
Caboolture QLD 4510

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 2024m2
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Development Potential (2,024m2)

Attention Developers and Investors!
Don't miss out on this exceptional opportunity to secure a flat and flood-free block spanning an impressive 2,024m² in the thriving suburb of Caboolture. Boasting a currently existing 3-bedroom brick home, this property is primed for re-development, offering endless possibilities for lucrative ventures.
The strategic location of this property presents a golden opportunity for residential development, with the potential to construct approximately 20-30 units or more, catering to the increasing demand for housing in the area. Caboolture is experiencing substantial growth, with a surge in population expected, as forecasted by the Moreton Bay Council. With over 70,000 new residents anticipated (as mentioned by the Council), the demand for housing, job opportunities, infrastructure, educational facilities, and more, is set to soar.
Situated in close proximity to essential amenities such as schools, shopping centers, healthcare facilities, and public transport, this property offers convenience and accessibility, making it an attractive option for future residents.
DEVELOPMENT POTENTIAL:
• The extensive land size, sitting on two lots, offers a variety of development possibilities, ideal for constructing additional housing lots such as units, townhouses or aged care facility, childcare centre, all subject to council approval (STCA).
• The property is perfectly positioned amidst a supportive environment featuring aged care facilities, educational institutions, and nearby unit & townhouse developments, highlighting the area's growth and desirability.
LOCATION:
• Caboolture State High School (within walking distance)
• St Columbans College (within 1km)
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Property Details for 40-42 Lee St, Caboolture

40-42 Lee St, Caboolture is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 2024m2. The place is currently for sale with Ray White Aspley.

Building Type
House
Land Size
2024m2

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About Caboolture 4510

The size of Caboolture is approximately 68.7 square kilometres. It has 69 parks covering nearly 17.8% of total area. The population of Caboolture in 2011 was 21,929 people. By 2016 the population was 26,417 showing a population growth of 20.5% in the area during that time. The predominant age group in Caboolture is 20-29 years. Households in Caboolture are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caboolture work in a labourer occupation. In 2011, 49.7% of the homes in Caboolture were owner-occupied compared with 48.6% in 2016.

Caboolture has 15,450 properties.

    There are currently 195 properties listed for sale, and 103 properties listed for rent in Caboolture on OnTheHouse. According to CoreLogic's data, 852 properties were sold in the past 12 months in Caboolture.

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    Marino Fatovic
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    Ray White Aspley
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