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5 Macadamia Street,
Caboolture South 4510, Queensland

3 bedrooms
1 bathroom
2 car spaces
892m² land size
House

$767,000


Property details

FORGET ABOUT THIS HOUSE!

Yes this house has the basics…

- bedrooms, 1 bathroom, separate toilet
- Airconditioning split system for heating or cooling plus ceiling fans in the bedrooms
- Separate laundry
- 2 x huge covered entertaining spaces, one front and one back to enjoy at all times of the day
- Massive, three bay 9m x 6m (approx.) powered shed plus gardening shed
- Enough land to play cricket on Friday, host a festival on Saturday and a wedding on Sunday or all three at once
- Quiet street
- Public transport at your door (bus) and 6 minute drive to Morayfield train station for easy city access
- Walking distance to Morayfield Shopping Centre
- 5 minute drive to fast food outlets and all major chain stores on Morayfield Road
- 7 minute easy drive to the M1

It's a comfortable enough house to live in for now or make your own for the next few years.

But that's not why you are going to buy this property.

In 2016 Morton Bay Council rezoned this address as 'Next Generation Neighbourhood'.

This is due to the square meterage and location of the LAND.

These properties are as rare as hen's teeth.

With:
- No easements
- Sewerage at rear of block
- No bushfire related, flood management or heritage overlays on this property

You can build 3 residences on this land NOW! It already has zoning approval. No need for a planning / development approval from council and all the associated costs, complicated applications, headaches, stress and crossing your fingers. (STCA)

Either demolish and build now for profit OR live in/rent out and build/sell later.

This gold mine of a property is estimated to be worth 1.5 million dollars in 10 years' time.

Perfect for developers or those wishing to let the market and time build their equity for them.

This is REAL estate just waiting for the smart investor.

Current rental for property until January $390/week. Market rental return approximately $500/wk from January 2026.

Rates $580/qtr

Water - $445/qtr

Explore the area


School catchments

  • Morayfield State School Primary Prep-6 Government 1.3km
  • Caboolture State School Primary Prep-6 Government 1.7km
  • St Peter's Catholic Primary School Primary Prep-6 Catholic 2.1km
  • Minimbah State School Primary Prep-6 Government 2.2km
  • Bellmere State School Primary Prep-6 Government 2.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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