OFF MARKET

56 Frank Street
Caboolture South QLD 4510

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 83m2
Land area: 405m2
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Property Details for 56 Frank St, Caboolture South

56 Frank St, Caboolture South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 405m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1980
Floor Size
83m2
Land Size
405m2
Local Government
Moreton Bay
Lot/Plan
382/RP13752

Last Listing description (September 2021)

Welcome to 56 Frank Street, Caboolture South...

Offering affordable entry level buying, this 3 bedroom, 1 bathroom highset home will make the ideal first home to get a foot it in this crazy market or an even better set & forget addition to your investment portfolio.

Property features include;

> 3 Carpeted bedrooms, one with a built in robe
> Renovated bathroom with shower over the bath
> Kitchen overlooks the dining
> Lounge room upon entry to the home
> Front verandah
> Laundry & additional storage room underneath the home
> Two car tandem lock up garage with drive through access into the backyard
> Situated on a 405m2 fully fenced block with no easements or flooding concerns

For the investors, the property is currently tenanted until 13th October 2021, then rolling over to a periodic lease with the tenant paying $290.00 rent per week equaling an approx. gross return on your investment of 5.29%+ at this asking price.

If you're planning to purchase and move in to the property, due to the current lease in place, you can expect to be moved into this property mid to late October.

Considering this property is so central to everything, convenience is another key feature for this property being in close proximity to;

> Caboolture Railway Station Approx. 3 Mins Drive or 1.4km away
> Centenary Lakes Short walk or Approx. 2 Mins Drive or 750m away
> Morayfield Shopping Centre Approx. 3 Mins Drive or 1.2km away
> Tafe QLD (Caboolture Campus) Approx. 6 Mins Drive or 3.1km away
> Caboolture Private & Public Hospital Approx. 6 Mins Drive or 2.8km away
> Access On/Off Bruce Highway Approx. 6 Mins drive or 4.1km away

Properties like this are very hard to come by, so be sure to register your interest with Jarrod Willis on 0402 164 516 or Scott Lachmund on 0407 789 801 for a private viewing before this affordable property is snapped up.

*Please note due to the tenancy a minimum 24 hours notice is required when scheduling a viewing.

Property History for 56 Frank St, Caboolture South, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$285,000
19 Aug 2021
Listed for Rent
$290/w
08 Apr 2019
  • 19 Aug 2021
    Sold for $285,000
  • 17 Aug 2021
    Listed for Sale $285,000
  • 08 Mar 2019
    Listed for Rent - Price not available
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About Caboolture South 4510

The size of Caboolture South is approximately 4.4 square kilometres. It has 11 parks covering nearly 10.7% of total area. The population of Caboolture South in 2011 was 4,854 people. By 2016 the population was 5,271 showing a population growth of 8.6% in the area during that time. The predominant age group in Caboolture South is 0-9 years. Households in Caboolture South are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caboolture South work in a labourer occupation. In 2011, 48.3% of the homes in Caboolture South were owner-occupied compared with 50.5% in 2016.

Caboolture South has 3,514 properties. Over the last 5 years, Houses in Caboolture South have seen a 119.25% increase in median value, while Units have seen a 93.26% increase. As at 30 September 2024:

  • The median value for Houses in Caboolture South is $643,227 while the median value for Units is $450,464.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 25 properties listed for sale, and 25 properties listed for rent in Caboolture south on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Caboolture south.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.