157 Torrens Road
Caboolture South, QLD 4510

Overview

157 Torrens Road, Caboolture South

Welcome to 157 Torrens Road, Caboolture South. This recently vacated lowset brick home is competitively priced to meet the rising market and offers an excellent opportunity for first home buyers or entry-level investors seeking to enter the property market. Being vacant, the property is ready for immediate occupation within 30 days or less.

The home features three carpeted bedrooms, each equipped with built-in robes, providing ample storage space. The spacious lounge room adjoins the dining area and is air-conditioned for comfort. Vinyl flooring is present throughout the kitchen, dining, and lounge areas, offering easy maintenance.

The kitchen is well-appointed with a Westinghouse electric stove and oven, a pantry cupboard, and external access to the open carport, facilitating convenient meal preparation and outdoor access. The bathroom includes a shower, bath, and vanity, complemented by a separate toilet and a separate laundry with external access to the rear yard.

Ceiling fans are installed throughout the home to enhance airflow. An 18-panel solar power system is installed, contributing to energy efficiency, alongside an electric hot water system. Additionally, there is a concrete slab ready for the construction of a future patio, allowing for outdoor entertaining or relaxation.

The property is situated on a fully fenced 600 square meter block with side access, free from easements and flooding concerns. Covered car parking is provided by a single open carport attached to the home, and there is an additional 6x6 meter shed with a single roller door for extra storage or workshop space.

Investors will appreciate the rental appraisal indicating a potential weekly rent of $590 to $610, equating to an approximate gross return of 4.07% per annum at the current asking price.

The location is central and convenient, with close proximity to key amenities including Morayfield Major Shopping Centre (1.5 km, 2-minute drive), Bunnings Morayfield (3.4 km, 7-minute drive), Morayfield Train Station (3.3 km, 5-minute drive), Caboolture Train Station (3.0 km, 7-minute drive), and access to the Bruce Highway (5.7 km, 8-minute drive).

Given the current strong market demand and limited availability of homes in this affordable price range, immediate interest in this property is anticipated.

Location