28 Drewett Avenue
Redbank Plains, QLD 4301

Overview

Immediate Income and Long-Term Growth !!

This well-positioned property located in the heart of Redbank Plains offers an excellent opportunity for investors seeking immediate rental income, as it comes with a tenant already in place. The home is designed to provide a comfortable and convenient lifestyle, featuring three bedrooms with laminate flooring, built-in wardrobes, ceiling fans, and blinds to ensure tenant comfort.

The functional layout includes an open-plan living and dining area equipped with air conditioning, creating a welcoming environment for relaxation and entertaining. The kitchen is well-appointed with modern conveniences such as a dishwasher, built-in pantry cupboard, and a dedicated space for a fridge, catering to everyday needs efficiently.

The master suite boasts a built-in wardrobe and an ensuite bathroom, offering privacy and convenience. The main family bathroom includes a tiled-in bathtub, shower, and vanity, designed for practicality and style. Additional features include split system air conditioning throughout the home, an outdoor alfresco area perfect for outdoor living, and a low-maintenance fully fenced yard, ideal for families or those seeking a relaxed lifestyle.

Secure parking is provided with a single garage that has internal access, complemented by additional off-street parking options. The property was built in 2013 and sits on a 320 square meter block, combining modern construction with manageable outdoor space.

Investor highlights include the presence of a tenant ensuring instant rental income, situated in a low vacancy area with strong rental demand. The solid home presents potential for future growth, making it an ideal set-and-forget investment. The current rental return is $540 per week, with a rent appraisal between $570 and $590 per week. Quarterly rates are approximately $506.65 for ICC and $462.14 for QUU water.

Conveniently located, the property is close to schools, shopping centres, parks, and public transport, with easy access to major roads and surrounding suburbs. It is just minutes from Redbank Plains town square, Redbank Plains State School, and within walking distance to the bus stop. The Redbank train station is a short drive away, and Brisbane city is accessible within 30 minutes.

Redbank Plains is recognized as one of Queensland's best-kept secrets, offering a blend of style, convenience, and affordability. This property represents a rare opportunity in a sought-after location and is expected to attract strong interest.

Disclaimer: The information provided is believed to be accurate but is not guaranteed. Prospective purchasers should conduct their own enquiries to verify details. All measurements and distances are approximate.

Location