Lot 7 O'Rourke Street, Redbank Plains QLD

Description

This dual occupancy property in Redbank Plains, QLD offers a high-yield investment opportunity with a 3+2 bedroom, 2+1 bathroom layout and a cleverly designed dual-income setup. Sitting on a 500m² block with a 178m² build area, this registered property presents excellent value for investors looking to secure returns in a fast-growing suburb. With a combined rental potential of $1,030 per week, the estimated gross yield sits at an attractive 5.3%.

Suburb profile:

Redbank Plains is a well-established and rapidly expanding suburb in the Ipswich region of Queensland. Known for its family-friendly community, it offers access to major shopping centres, schools, and public transport, making it an ideal location for tenants. Its proximity to Springfield Central and the Ipswich CBD enhances its appeal for commuters. Redbank Plains continues to attract investors due to ongoing infrastructure development and strong population growth.

Inclusions:

• Three air conditioning units
• Carpet in bedrooms and tiles throughout
• Ceiling fans and LED down-lights throughout
• Window furnishing to sliding windows and doors
• Colorbond insulated roof
• Landscape allowance
• Energy efficient – Low running costs
• Close to infrastructure (schools, shops, public transport etc)

This dual occupancy property presents a prime opportunity for investors aiming to maximise their rental returns in a high-demand corridor.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.