21 Merino St, Caboolture is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 730m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
A practical 3 bedroom home with 2 bathrooms, a great outdoor area and superb side access into the big backyard.Enjoy a strong investment to secure and look into the possibility of also buying the neighbouring property to maximise your future potential and return OR you could make this your own home from Early July onward.Property features include;> 3 Bedrooms all with built in robes, 2 with ceiling fans > Master with ensuite with shower & bath> Refurbished kitchen with wooden bench top & gas cooking> Air conditioned lounge & dining room with vinyl plank flooring & ceiling fan> Combined main bathroom with shower, laundry with external access to the yard & separate toiletAdditional to this is the large covered patio area overlooking the spacious backyard with established & low maintenance gardens plus a garden shed.There is a single lock up drive-thru carport with remote controlled roller door offering side access to the 2 bay shed and the balance of your fully fenced 730m2 block.There is a lease currently in place for this property until 30th June, 2020 with the tenants paying $350.00 per week. At this asking price that’s a minimum 5.70%+ gross return on your investment with great tenants already taking care of the home and looking to stay long-term if possible. As mentioned above, the home next door at No.23 Merino Street is also available for sale by the same owner/s which allows you the option to buy both properties side by side totaling 1,410m2 of land with no easements or flooding concerns.Open the doors to the possibility of future growth and long term holding whilst benefiting from a strong weekly return on both properties.In the current uncertain market we are seeing more serious buyers come out of the wood work looking to invest their money in something more stable compared to stocks or shares. Nothing beats good ol’ bricks & mortar..! Located within very easy walking distance to a bus stop for public transport or just a short 5 minute walk or 2 minute drive to access Kings Circle Plaza where you will find a butcher, bakery, Trader Dukes tavern, medical centre, newsagency, SPAR convenience store & PUMA service station.If you would like more information on this property or both, please don’t hesitate to contact Scott or Jarrod today before this rare opportunity is missed. Please allow 24 hours notice for all inspections due to Tenancy.Open Homes - in order to maintain a regulation maximum of 6 people in the property during Open Homes, one group will be allowed into the property at a time. Cupboards and doors will be open so that there will be no need to touch anything. All attendees will be asked to sanitize prior to entry. Please do not attend if you are experiencing Covid-19 like symptoms.
The size of Caboolture is approximately 68.7 square kilometres. It has 69 parks covering nearly 17.8% of total area. The population of Caboolture in 2016 was 26433 people. By 2021 the population was 29534 showing a population growth of 11.7% in the area during that time. The predominant age group in Caboolture is 0-9 years. Households in Caboolture are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caboolture work in a labourer occupation.In 2021, 54.50% of the homes in Caboolture were owner-occupied compared with 48.60% in 2016.
Caboolture has 16,165 properties. Over the last 5 years, Houses in Caboolture have seen a 128.17% increase in median value, while Units have seen a 144.76% increase. As at 31 March 2026:
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