Unlock long-term upside with short-term returns at 39 Railway Parade, Caboolture, a rare dual-DA site on 1,279m2 with a beautifully renovated home already earning strong rental income. Whether you're a developer, investor, or land banker, this is a future-forward property that pays you while you plan. Positioned in one of Moreton Bay's fastest-growing regions, this exceptional parcel comes with Development Approvals for: Subdivision: 1 into 2 lots Construction: 4 x 3-bedroom townhouses at the rear The existing front home is fully renovated with three bedrooms, modern finishes, and a refreshed layout. It sits on a proposed 320m2 title with approval for a new crossover and carport. Currently leased at $550 per week until February 2026, it provides reliable income while you prepare for the rear development. This is a high-return opportunity that's rarely available. It's council-approved, income-generating, and centrally located within minutes of schools, shops, hospitals, and major transport links. *Check out the 3D Virtual Tour - Walk through now* Features: ~1,279m² flat site in a well-connected Caboolture location ~Development Approvals already in place ~Renovated 3-bedroom home at the front leased at $550 per week ~Approved for 1 into 2 subdivision and 4 townhouses at the rear ~New crossover and carport approved for the existing home ~Double garage ~Walking distance to schools, transport, shops, and medical precincts ~Not subject to recent code changes due to 2024 DA lodgement ~Earn now and build for tomorrow. Request the full DA documents today. Opportunities like this are in high demand and short supply. Private inspections on request. Proudly Presented by Vicki Ford & Renee Ford at RE/MAX Victory - Find us in Morayfield, Caboolture South, Wamuran and Bellmere - Serving the entire City of Moreton Bay. Disclaimer: **Please note that some images included in the listing are file photos that have been virtually staged to showcase the intended use and true potential of spaces in the home and some rooms include curtains and furniture that is not included in the sale. We value transparency and want to ensure our buyers understand the property entirely. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.