Why REDBANK PLAINS ? Enormous growth, above average rental returns and low vacancy rates makes Redbank Plains attractive to investors. Ipswich offers abundant variety of schools, the TAFE and even Queensland Uni – an abundance of shopping options along with numerous employment hubs makes the suburbs of the Ipswich an “in demand” area for housing. This area is part of the Western Growth Corridor. There is billions of dollars being invested here in major developments, rail and road networks, recreational and education facilities and much more. New businesses are springing up everywhere and new large industrial and commercial developments are appearing every month! Cranes are numerous in the skyline. Ask us for our reports and understand what projects are happening and the amount of the expenditure here.
The Opportunity: this property gives twice the opportunity. Not one rent but two! From the street front it appears to be a single family home, but it is when you look inside that you realize that there are two separate dwellings included in this property. That is right – two dwellings – two incomes! This property is strong positively geared right from the first month for most investors.
* The features of a dual living property are:
* Positive cash flow
* Low outgoings – no body corporate fees, low council rates and water rates
* Achievable rents are higher than the typical 4 bedroom house
* Located in high growth area, with high rental demand
* Located in prime quality residential estates
* Located in high population areas close to fast expanding hubs
* Larger lots
* Lower your risk – if one dwelling is vacant, the additional one is still producing income
* Close to schools, shops and all other services and recreational facilities
This property is:
Land: 604m2 Price: $199,900 Land is to be registered Oct 2015
Home: 225m2 Build: $280,505
Two dwellings – 4 beds in total = 3 beds, 2 baths, 1 car PLUS 1 bed, 1 bath, 1 car
FIXED PRICE CONTRACT: $480,405
RENTAL ESTIMATE: $590 to $595 per week
Inclusions:
20 YEAR STRUCTURAL GUARANTEE , Full face brick and color bond roof, Render to front and extending 1m on each side, Split system air cons to living areas, Site works on this are included, a fire and sound rated Party Wall System is included to the value of $6000, 6 star energy rating, Professional internal and eternal colour schemes, Premium Dulux 3 coat system, roof sarking as per EE report, security screens to all external doors, flyscreens to all windows, window furnishings are included throughout, Carpeted and tiled throughout, two separate alfresco areas under roof, Driveway and pathways, Fully turfed and landscaped, Clothesline and letterbox, Fully fenced
Separately metered services

FOR SALE: $480,405

Kaye Tilley 0418 823 046
John Tilley 0417 041424