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21/21-23 Barossa Crescent
Caboolture South, QLD 4510
Offers Over $380,000
Overview
Dual-Income Investment in Secure Over-55s Village
This property presents a rare opportunity to acquire a dual-dwelling investment within one of the most sought-after gated communities for over-55s in Caboolture South. The well-maintained duplex is held on a single title and comprises two self-contained residences, making it an ideal asset for investors seeking a low-maintenance, high-yield investment with strong rental returns.
Each unit features a generous bedroom, complemented by open-plan living areas that benefit from abundant natural light. Comfort is ensured with air conditioning, ceiling fans, and security screens throughout. Both residences include private bathrooms and laundry facilities, providing convenience and privacy for tenants.
The combined rental income for the property is $520 per week, with leases recently renewed, indicating tenant satisfaction and stability. This makes the investment particularly attractive for those looking for a 'set and forget' asset.
The complex itself offers a secure gated estate with on-site management, ensuring peace of mind for residents and investors alike. The grounds are beautifully landscaped with communal lawns and gardens, enhancing the overall appeal of the community. Residents can enjoy leisure amenities including a sparkling swimming pool and shaded gazebos, perfect for relaxation and social gatherings.
Location-wise, the property is conveniently close to public transport options, medical centres, pharmacies, and shopping hubs, providing easy access to essential services and amenities. The strong rental demand in the area is evidenced by a waiting list for tenancy, underscoring the desirability of this investment.
Quarterly expenses for the property include rent at $6,760, rates of $580, water charges of $396, and body corporate fees amounting to $1,366. These figures provide a clear overview of the ongoing costs associated with the investment.
Overall, this dual-income property offers a consistent and reliable return in a peaceful, well-connected location. It is an excellent choice for investors looking to expand their portfolio with a low-maintenance, high-demand asset in a secure and supportive community environment.
Location
Caboolture South QLD 4510
Market Insights for Caboolture South QLD 4510
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