4/40 Hayes St, Caboolture is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 93m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Welcome to 4/40 Hayes Street, Caboolture...
As you can see by the photos, this 3 bedroom, 1 bathroom unit forms part of a Fourplex and is in immaculate condition for its age. Meticulously maintained by the both the owner and long term tenant, this would make the ideal set & forget addition to any investment portfolio.
Features include;
> Air conditioned & carpeted lounge room upon entry
> Open plan kitchen with plenty of bench space overlooks the lounge room
> Spacious main bedroom with large built in robes & external access to the backyard
> 2 other bedrooms, one with a built in robe & one with external access to the backyard
> Sky-lit bathroom with shower, bath & vanity
> Separate toilet, double linen cupboard plus additional pantry or storage cupboard
> Window coverings & decorative cornice throughout
> Single lock up garage houses the laundry
The private backyard/ BBQ Area as well as the 3rd bedroom is what makes this unit unique compared to the others within the Fourplex. The others are only 2 bedrooms and dont offer the same outdoor space making this rear unit the pick of the lot.
The unit is currently tenanted on a fixed term lease until August for $270.00 rent per week. Proving great value buying with a gross return on your investment (ROI%) of 6.13% at the asking price of $229,000. Due to a long term tenant being in place, this is considered a discounted rent.
For the new owner, to maximise your return after this current lease term you could easily achieve $280.00 rent per week (6.35% Gross ROI) especially due to the high demand for rentals in our current market.
Youll be pleased to hear the body corporate fees are quite reasonable being approx. $540.00 paid quarterly, ensuring the yards and external maintenance is well taken care of as you can see by the photos.
Please be aware we will not be conducting open homes at this property. So if you would like more information or would like to arrange a private viewing of this immaculate unit, then be sure to call Scott Lachmund or Jarrod Willis today.
Act quick as properties with strong returns & in this affordable price range are not lasting long in the current market.
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 15,461 properties. Over the last 5 years, Houses in Caboolture have seen a 108.46% increase in median value, while Units have seen a 86.53% increase. As at 31 October 2024:
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