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Overview
This property at 11 Kentucky Street in Redbank Plains offers a unique dual-living design set on a spacious and level 1,113 square metre block, presenting an exceptional opportunity for investors or homeowners seeking versatility and future development potential.
The highset residence features three bright and airy bedrooms upstairs alongside polished hardwood flooring, an air-conditioned main living area, and a well-appointed kitchen with stone benchtops. The kitchen opens out to a tranquil rear deck, ideal for outdoor entertaining or relaxing in privacy.
Downstairs is fully self-contained with its own kitchenette, extensive rumpus room, and a second bathroom. This setup not only caters to extended family living or guest accommodation, it also presents significant potential for dual-income generation or a possible secondary dwelling, subject to council approval.
Currently leased to long-term tenants, the property offers immediate rental returns, making it attractive to investors. The large flat site provides scope for development, allowing future expansion to enhance value and income potential.
Located close to key amenities including Town Square Redbank Plains and Redbank Plaza, as well as schools and public transport options including Redbank Train Station, the home benefits from convenient access to shopping, education, and commuter routes to Brisbane and Ipswich. Nearby parks and sporting facilities add lifestyle advantages.
Overall, this residence balances comfortable living spaces with strong investment appeal and development upside, suited to buyers looking for a stable income property with versatile living arrangements and growth potential.
Local Market Insights
In Redbank Plains, Quiet Listings observed 38 new houses entering the market over the last 30 days, up from 36 during the previous 30-day period, with an average advertised asking price of $847,237. The property type mix of listed properties is predominantly Houses at 87%, followed by land (4%), and townhouses (4%). The most active agency for houses in the Redbank Plains area is currently Ray White, representing 29% of new listings, followed by NGU Real Estate with 18%. 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
Market Insights for Redbank Plains QLD 4301
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