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Overview
This contemporary home built in 2022 is an excellent opportunity tailored for investors seeking a reliable, low-maintenance addition to their property portfolio. Situated in a peaceful enclave of South Ripley, the property benefits from a secure tenancy agreement with Defence Housing Australia, assuring steady rental income alongside professional management and maintenance services.
The design prioritises indoor-outdoor living, with a spacious living area that seamlessly connects to a serene outdoor patio, enhancing natural ventilation and providing an inviting space for relaxation or casual entertaining. The open kitchen includes a breakfast bar, ideal for informal dining and practical daily use.
The master bedroom is thoughtfully appointed with air-conditioning, ceiling fan, and built-in robes, complemented by an ensuite bathroom for convenience and privacy. Two additional bedrooms each feature built-in robes and ceiling fans, serviced by a full family bathroom inclusive of a bathtub, catering efficiently to occupant needs.
- Three bedrooms with built-in storage and ceiling fans
- Master bedroom equipped with air-conditioning and ensuite
- Spacious, air-conditioned lounge area enhancing comfort
- Modern kitchen with breakfast bar adjacent to the main living space
- Outdoor patio that promotes a relaxed, indoor-outdoor lifestyle
- Double garage with remote-control access for secure parking
- Low-maintenance 250 sqm block with good usability
The property's compact and manageable land size makes it particularly appealing to investors and those looking for a low-overhead asset with growth potential. It offers a 'set and forget' solution thanks to the secure lease and professional oversight, while its feature set satisfies tenant comfort and lifestyle needs.
Local Market Insights
In South Ripley, Quiet Listings observed 101 new houses entering the market over the last 30 days, up from 74 during the previous 30-day period, with an average advertised asking price of $1,048,348. The property type mix of listed properties is predominantly Houses at 84%, followed by land (8%), and townhouses (3%). Ray White was the most active agency in this area, representing 66.1% of all new listings in the last 30 days. 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.
Location
South Ripley QLD 4306
Market Insights for South Ripley QLD 4306
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