23 Merino Street

Caboolture QLD 4510

A neat & tidy refurbished home with great long term tenants currently in place.Located within very easy walking distance to a bus stop for public transport or just a short 5 minute walk or 2 minute drive to access Kings Circle Plaza where you will find a butcher, bakery, Trader Dukes tavern, medical centre, newsagency, SPAR convenience store & PUMA service station.Property features include;> 3 Carpeted bedrooms, all with ceiling fans & 2 with built in robes> Air conditioned lounge and dining room with tasteful white Venetian blinds & ceiling fan> Bathroom with shower and bath> Kitchen with electric stove> Separate toilet & Separate laundry Stepping outside there is a spacious backyard with beautiful well established trees & gardens providing privacy and a comfortable environment for your tenants or yourself in the future to enjoy.A concreted driveway for side access to your single lock up detached garage & backyard completes this fully fenced 680m2 property.There is a long term lease currently in place until January 2021 with the tenants paying $330.00 per week. At this asking price, that’s a minimum 5.73%+ gross return on your investment.Open the doors to the possibility of future growth and long term holding whilst benefiting from a strong weekly return on both properties.In the current uncertain market we are seeing more serious buyers come out of the wood work looking to invest their money in something more stable compared to stocks or shares. Nothing beats good ol’ bricks & mortar..! If you would like more information on this property, please don’t hesitate to contact Scott or Jarrod today before this rare opportunity is missed. Please allow 24 hours notice for all inspections due to Tenancy.