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Overview
Set in the thriving suburb of Redbank Plains, this unique property offers a rare and lucrative dual-occupancy investment opportunity. Established in 2018 on a generous 679 square metre block, it comprises two separate residences designed to deliver contemporary comfort and privacy, making it an excellent addition to any portfolio seeking both stability and immediate rental returns.
The first residence impresses with its functional layout, highlighted by an elegant kitchen featuring off-white stone benchtops and quality timber cabinetry complemented by sleek stainless steel appliances. This culinary space flows seamlessly into light-filled open living and dining areas, accentuated by neutral tiling and natural light that enhances the sense of space. The large covered alfresco area extends living outdoors, ideal for relaxed entertaining or quiet family time. The master bedroom benefits from a private ensuite and built-in wardrobe, while three additional bedrooms with built-ins share a well-appointed main bathroom and separate toilet, offering practicality for families or tenants. A laundry conveniently positioned in the lock-up garage adds to the home's efficiency.
The second residence offers a compact yet highly liveable design with an open plan kitchen and living space that invites comfort and independence. The sizeable bedroom includes a built-in wardrobe with direct access to the modern bathroom and integrated laundry facilities. A private covered alfresco space extends the living area outdoors, maintaining a low-maintenance lifestyle.
- Each unit is equipped with split-system air-conditioning in living rooms and master bedrooms, ensuring year-round comfort.
- Both residences have their own single garages plus driveway parking providing ample vehicle accommodation.
- Additional amenities include natural gas hot water, NBN (FTTP), solid concrete tile roofing, brick veneer and rendered walls, and high 2.4-metre ceilings that enhance the spacious indoor ambiance.
Located in one of South East Queensland's fastest expanding residential corridors, this property provides an appealing balance of potent cash flow and long-term growth potential. Redbank Plains attracts families, first-home buyers, and investors alike with its family-friendly environment, quality educational facilities, convenient shopping, and efficient transport links to Brisbane and Ipswich via major highways. The presence of long-term tenancies further strengthens the investment's appeal, promising steady returns for the savvy buyer.
Local Market Insights
In Redbank Plains, Quiet Listings observed 34 new houses entering the market over the last 30 days, down from 42 during the previous 30-day period, with an average advertised asking price of $846,971. The property type mix of listed properties is predominantly Houses at 90%, followed by townhouses (5%), and units (2%). The most active agency for houses in the Redbank Plains area is currently Ray White, representing 26% of new listings, followed by NGU Real Estate with 21%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Offers Over $915,000 | |
| AUCTION UNLESS SOLD PRIOR! | |
| OFFERS OVER $929,000 | |
| PRICED TO SELL |
Location
Market Insights for Redbank Plains QLD 4301
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