Why Redbank Plains? Enormous growth, strong rental returns and stable rental demand makes this area 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. Current growth of 12.1%
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: 533m2 Price: $177,500 Registered
Home: 210m2
Two dwellings – 5 beds, 3 baths, 2 cars total
Dwelling 1: includes 4 beds, 2 baths, 1 car
Dwelling 2: includes 1 bed 1 bath 1 car + MULTI PURPOSE ROOM
FIXED PRICE CONTRACT and TENANT READY
RENTAL ESTIMATE: $650 to $690 per week
Inclusions:
LAMINATED FLOORS THROUGHLUT LIVING AREAS –
Stone benches in kitchens, blinds on windows, ceiling fans throughout plus two air conditioners, stainless steel appliances including dishwasher, tiled and carpets in bedrooms, downlights, separate alfresco areas under roof, Driveway and pathways, Fully turfed and landscaped, Clothesline and letterbox, Fully fenced and much, much more – please refer to the full brochure for comprehensive information
Separately metered services
Services and amenities are very close:
Schools – select from 3 local nearby, Orion Shopping Centre 5.3km, Bus stop 200m, Trains closby at Redbank or Goodna stations – Park in neighbourhood,
To purchase: $1000 on Expression Of Interest, Land contract plus Building Contract Finance 21 days, Land settles in 35 days, 5% initial deposit payable to builder on Unconditional finance approval – Build time approx. 14weeks including all approvals
FOR SALE: $474,990
Kaye Tilley 0418 823 046
John Tilley 0417 041424