The Location:
The suburb of Caboolture is located about 45 kilometres north of Brisbane's CBD.
Boasting many private and government services including schools, a public and private hospital and health centre, TAFE, retirement home and even a historical museum.
Easy access to a number of parks and outdoor leisure facilities including the Alexander Barr Sporting Complex, the Caboolture Showground Reserve, a golf course, and local picnic/park areas.
Transport around Caboolture is good with the local train station running residents into the Brisbane CBD within one hour and regular bus routes ferrying passengers to all the major points around the area.
Boasting a family atmosphere, schools in the area include Tullawong Primary School, St Peter's Catholic Primary School, St Paul's Luthern Primary School, Caboolture Primary School, Caboolture East Primary School, Caboolture Christian School, Tullawong High School and Caboolture State High School.
Facilities:
Swimming pool
BBQ
Building overview
Year Built: 2009
Building Type: Units
Units in Letting Pool: 60
Occupancy: 100%
Terms of Agreement: 20
Module Type: Accommodation Module
Manager's Unit: 450,000.00 3 Bedrooms
Bathrooms: 3
Pet Permitted: Body Corporate Approval
Office: Exclusive use
Office Hours: No set office hours in agreement
Financials
Body Corporate Levies: 1000/Q
Body Corporate Remuneration: $81,590.000
Average Rent Rate: $280- $350
Net Income: $176,000.00
Unit Price: $450,000.00
Business Price: $844,800.00
Asking Price: $1,294,800.00
As the property has extension concrete areas, the complex is very easy to maintain. Garden beds are well mulched and we weed only every three months or so. The manager mows the lawns every 5 to 6 weeks this time of year and every 3 weeks in summer. The manager has a pool man come every 2 weeks to check the pool and add salt/chemicals, etc. and The manager has a pool cleaner in the pool which cleans the pool. The manager doesn’t spend much time there at all.
There is the large park with a lake with ducks and birds about 5 minutes walk from the complex and our tenants with children go there regularly. The library and children’s activity centre is in the main street.
Caboolture has a small business/shopping centre but Morayfield has a very large shopping centre with large department stores and cinemas. The centre is 3 minutes drive away.
Caboolture is growing and a new master planned community has been approved, similar to the North Lakes area. 6000 hectares of land is being developed and the first stage is under way. This will bring about 60,000 people to the area when finished. Another development is North East Business Park on the Bribie Island side of the highway. It has a large industrial area but also a large residential development on the river with marina and apartments and townhouses. This is in the final stages of approval but the industrial area is already under way with tenants. Another development is approved for a large over 50s resort style complex.
The managers purchased this business because they could see the future growth of the area and the close proximity to the airport, direct train into the city on the suburban line, close to Bribie Island beaches and fishing points and to the Sunshine Coast. The business is a good one with referrals from the hospital and local agents. This building is the only complex in the region which provides fully furnished apartments. The hospital is 2 minutes drive away and is expanding and we get many of the incoming doctors to stay here. There is a large industrial area on the eastern side of the highway. There are 3 primary schools within 10 minutes drive of us and approximately 5 child care centres in the immediate area.
Please email or call us on 0404331310 for an inspection.
The suburb of Caboolture is located about 45 kilometres north of Brisbane's CBD.
Boasting many private and government services including schools, a public and private hospital and health centre, TAFE, retirement home and even a historical museum.
Easy access to a number of parks and outdoor leisure facilities including the Alexander Barr Sporting Complex, the Caboolture Showground Reserve, a golf course, and local picnic/park areas.
Transport around Caboolture is good with the local train station running residents into the Brisbane CBD within one hour and regular bus routes ferrying passengers to all the major points around the area.
Boasting a family atmosphere, schools in the area include Tullawong Primary School, St Peter's Catholic Primary School, St Paul's Luthern Primary School, Caboolture Primary School, Caboolture East Primary School, Caboolture Christian School, Tullawong High School and Caboolture State High School.
Facilities:
Swimming pool
BBQ
Building overview
Year Built: 2009
Building Type: Units
Units in Letting Pool: 60
Occupancy: 100%
Terms of Agreement: 20
Module Type: Accommodation Module
Manager's Unit: 450,000.00 3 Bedrooms
Bathrooms: 3
Pet Permitted: Body Corporate Approval
Office: Exclusive use
Office Hours: No set office hours in agreement
Financials
Body Corporate Levies: 1000/Q
Body Corporate Remuneration: $81,590.000
Average Rent Rate: $280- $350
Net Income: $176,000.00
Unit Price: $450,000.00
Business Price: $844,800.00
Asking Price: $1,294,800.00
As the property has extension concrete areas, the complex is very easy to maintain. Garden beds are well mulched and we weed only every three months or so. The manager mows the lawns every 5 to 6 weeks this time of year and every 3 weeks in summer. The manager has a pool man come every 2 weeks to check the pool and add salt/chemicals, etc. and The manager has a pool cleaner in the pool which cleans the pool. The manager doesn’t spend much time there at all.
There is the large park with a lake with ducks and birds about 5 minutes walk from the complex and our tenants with children go there regularly. The library and children’s activity centre is in the main street.
Caboolture has a small business/shopping centre but Morayfield has a very large shopping centre with large department stores and cinemas. The centre is 3 minutes drive away.
Caboolture is growing and a new master planned community has been approved, similar to the North Lakes area. 6000 hectares of land is being developed and the first stage is under way. This will bring about 60,000 people to the area when finished. Another development is North East Business Park on the Bribie Island side of the highway. It has a large industrial area but also a large residential development on the river with marina and apartments and townhouses. This is in the final stages of approval but the industrial area is already under way with tenants. Another development is approved for a large over 50s resort style complex.
The managers purchased this business because they could see the future growth of the area and the close proximity to the airport, direct train into the city on the suburban line, close to Bribie Island beaches and fishing points and to the Sunshine Coast. The business is a good one with referrals from the hospital and local agents. This building is the only complex in the region which provides fully furnished apartments. The hospital is 2 minutes drive away and is expanding and we get many of the incoming doctors to stay here. There is a large industrial area on the eastern side of the highway. There are 3 primary schools within 10 minutes drive of us and approximately 5 child care centres in the immediate area.
Please email or call us on 0404331310 for an inspection.
