At this address is a house situated in 48/SP194534 Redbank Plains QLD. Similar properties have sold for approximately $440,000. Built in 2008, featuring 4 bedrooms, 2 bathrooms.
Limited offer: Positive geared investment property This exquisite Dual-Key Home & Land package in Redbank Plains is perfect for investors wanting 2 passive incomes from 1 property. The main and auxiliary units both offer impressive spacious open-plan living and dining, with 3+1 bedrooms, 2+1 bathrooms and remote lock up garages. Situated in an area experiencing the highest capital growth in the region, you dont want to miss out! Main Unit:- 3 Luxurious Bedrooms with Built in Wardrobes- 2 Spacious Bathrooms- Gourmet kitchen with stainless steel appliances- Open plan living / dining area- Air conditioning and ceiling fans- Single remote garageAuxiliary Unit:- 1 Bedroom with Built in Wardrobe- Bathroom / Ensuite- Open plan living/ Dining area- Spacious kitchen with stainless steel appliances- Private Back Yard- Single remote garage.Redbank Plains is a rapidly growing suburb of Ipswich that is receiving outstanding results, located on the skirts of Augustine Heights, Springfield Lakes and Ripley Valley.Driving distance is less than 15 minutes to one of the -largest shopping precincts in the Southern Hemisphere - Orion Springfield Shopping Centre, and 30 minutes drive to Brisbane CBD with TransLink routes to the Gold Coast.Offering a newly refurbished $140million Town Square in Redbank Plains, an abundance of recreational parks, schools and sport facilities - theres no wonder the growth rate has been booming in the past 5 years.The advantages of owning a dual key includes two income stream, reduced expenses, risk minimisation and market demand. These advantages are amplified as this dual key is cash flow positive! This is due to the reduction in mortgage, one dwelling with two rental stream, depreciation and tax savings and capital growth.The Rental Returns for different forms of homes are: Traditional Detached House: 3-5% Apartment: 4-6% Townhouse or Villa: 4.5-6% Dual Key: 5-7%