23 King StreetCaboolture QLD 4510
Property Details for 23 King St, Caboolture
Last Listing description (December 2023)
McArthur & Associates are pleased to present 23 KING STREET, CABOOLTURE.
This wonderful freehold opportunity is available for purchase in the heart of the fast growing Caboolture CBD - Moreton Bay Region
- Shop 2 is currently leased to a very popular cafe that has been operating for over 20 years
- The property has plans to build a further 3 storey 300m2 building at the rear
- This property has opportunity to hold refurbish and lease Shop 1 with a potential earning of approximately $90,000 - $100,000 PA net income
- Further up side to value add 300m2 of net lettable area for further income of approximately $120,000 PA
- Buy now, hold for a few years or build and value add
- A good rare opportunity
- Motivated owners ready to sell and move on
For further details or to arrange an inspection, contact Exclusive Marketing Agent, Darren McArthur.
Property History for 23 King St, Caboolture, QLD 4510
- 07 Nov 2023Listed for Sale EXPRESSIONS OF INTEREST
- 16 Oct 2023Sold for $1,350,000
- 27 Sep 2022Listed for Sale EXPRESSIONS OF INTEREST
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0About 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 15,552 properties. Over the last 5 years, Houses in Caboolture have seen a 101.96% increase in median value, while Units have seen a 61.97% increase. As at 31 July 2024:
- The median value for Houses in Caboolture is $711,245 while the median value for Units is $377,172.
- Houses have a median rent of $530 while Units have a median rent of $400.
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