15/21-23 Barossa Crescent
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About this property
Finding a high-yielding property that checks both the "affordability" and "strong return" boxes can feel like chasing a mirage in today's market. However, a rare investment gem has just emerged in the heart of Caboolture South, offering a unique dual-income structure on a single title. Located at 15/21-23 Barossa Crescent, this property is structurally designed as two separate, fully independent units but packaged under one single title. For savvy investors, this means double the rent potential with only one set of council rates and title fees to worry about. High Yields, Low Maintenance The numbers speak for themselves. With the property currently hitting the market with expectations of Offers Over $369,000, the financial upside is highly compelling: Gross Annual Return: Soon to return $31,200 per annum. Net Yield: Sitting at a remarkably healthy ~5% net return. In an era where leaving cash in a standard bank account struggles to keep pace with inflation, this set of units offers a robust, predictable cash-flow alternative. Built for Comfort and Accessibility Both units have been meticulously designed to cater to a reliable and growing demographic. Situated inside a premium, quiet 50+ community village, each individual unit features: Comfortable Living: Open-plan, air-conditioned living spaces paired with a functional kitchenette. Privacy: One spacious bedroom complete with built-in wardrobes. Inclusivity: A fully wheelchair-friendly bathroom and integrated laundry space. Resort-Style Community Living Beyond the front door, tenants enjoy access to an array of beautifully maintained community facilities that make the village highly desirable, ensuring historically low vacancy rates. The complex boasts: An inviting in-ground swimming pool (complete with a safety certificate). A fully stocked library and a communal dining room. Beautifully manicured lawns and outside gazebo areas perfect for socializing in a peaceful setting. Location is Everything While the village itself offers a quiet, serene sanctuary, it doesn't sacrifice convenience. It is centrally located with seamless access to local shopping centers, medical hubs, and public transport options-making it an ideal independent-living haven for over-50s residents. Ready to secure your next top-performing asset? > This exclusive listing is currently on the market via Geoff Kaplan. Don't let your investment capital sit idle. To book a private inspection or to find out more details, give Geoff a call today and take a closer look at this rare duplex package.
Property Details
- Property Type
- duplex
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 2
- Listed
- 2 months ago
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Neighbourhood
Living in Caboolture South
This 2-bedroom duplex in Caboolture South, QLD 4510 sits within reach of public transport, local shops local amenities. It is listed 60% below the $916,896 median of 84 comparable duplexswithin 5 km.
What's nearby
- Torrens Rd near Adelaide Dr (bus) — 384 m away
- Aidacare - Mobility & Healthcare Specialist — 104 m away
- Dickson Park — 337 m away
- Kenneth Street Park — 457 m away
- Unnamed — 553 m away
Caboolture South at a glance
Full suburb profile- Population
- 7,539
- Median age
- 36
- Household income
- $1,191/wk
- Median rent
- $320/wk
- Median mortgage
- $1,500/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Caboolture South price trend
Median sold · House 3 bed
Compound growth +18.0% / yr over 4 yrs
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Full Caboolture South marketThis listing
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Listing price changes
1 price change recorded for this property
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