11 Somerfield Street, Redbank Plains

This is a unit located in 74/RP201923 Redbank Plains QLD. Similar properties have sold for approximately $350,000. Built in 1990, with 4 bedrooms and 2 bathrooms.

ABOUT THE PROPERTY

Bedrooms
4
Bathrooms
2
Car spaces
1
Land size
729 m2
Building size
77 m2
Council area
Ipswich
Year built
1990
Lot plan
74/RP201923 Redbank Plains QLD
House type
Flats



HISTORY

Last sold 22/11/2018
$382,500



LISTING DESCRIPTION
as of December 2018

INVESTOR ALERT - DUPLEX PAIR WITH CASH FLOW - YEILD 6.96% - TWICE THE INCOME GROWTH CORRIDOR! Rarely do you see a property with such high yield - this duplex sits on one title and offers two income streams!Centrally located within walking distance to shops, and in close proximity to schools, parks, public transport and amenities - this property is a short drive away from major shopping centres and the Ipswich Motorway (M2).Excellent long term tenants make this low maintenance property a true set-and-forget investment.Sitting on a large fully fenced 729m2 block, this property consists of two identical units, each containing a neat & tidy kitchen, two bedrooms (with built in wardrobes), one bathroom, open plan living & dining, large seperate internal laundry and single lock-up garage (with internal access), with room for a second vehicle in the driveway plus a visitor bay each.This Property offers the perfect opportunity to fast track your future wealth. It is the fast and easy way to owning your own investment property with the added benefit of having the option to live in or rent out depending on your needs.Property Features:- 2 x two bed (each with built in wardrobes), 1 bath + lockup garage - opportunity to Strata title and value add.- Open plan living & dining- Neat & tidy kitchen- Internal laundry with skylight- Two single lock up garage- Room for extra off-street parking- Fully fence yard suitable for children and small pets- NBN connectedInvestor Information:- Appx 6.95% gross Yield- Total rental income $515 / week- Long term tenants in place- Low maintenance property- One Title with two rental properties- One set of council rates and utilities for both propertiesSuited to investors looking for their first property, or to add to their investment portfolio. Be quick and don't let this opportunity get away, book your inspection today!