Caboolture QLD 4510

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
- Next door to Shop 2 is an ex dry cleaners currently vacant with a net lettable area of 208m2
- 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.