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Sold on 08 Oct 2024 for $866,200

16 Ashton Avenue
Redbank QLD 4301

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 602m2
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Property Details for 16 Ashton Ave, Redbank

16 Ashton Ave, Redbank is a 5 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 602m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Redbank in the last 12 months.

Building Type
House
Land Size
602m2

Last Listing description (October 2024)

Welcome to your dream investment. Built in 2019, Nestled on a generous 602 sqm plot, this modern dual occupancy property is designed for both investors and families. Whether you're looking to expand your investment portfolio with dual rental income from one purchase or find a home with versatile layout allows for dual living options - live in one side and rent out the other, or enjoy the entire space for your family, this property has it all. With 5 spacious bedrooms and endless potential, this property delivers flexibility and value, making it an outstanding choice for your next purchase

Prime Redbank location is just 5 minutes from Town Square Shopping Centre, schools, and cafes. Families will love the proximity to local Schools, shops and public transport. Easy 40-minute commute to Brisbane CBD by car, 20 minutes Ipswich and 50 minutes to Gold Coast with public transport options available.

Unit 1-

Step into this spacious, larger side of the duplex and experience the epitome of modern living. The heart of the home is its expansive open-plan kitchen, living, and dining area, designed for both functionality and style. With four generously sized bedrooms, including a master retreat complete with an en-suite at the rear, this home offers privacy and comfort. The central bathroom caters to the remaining three bedrooms, while the seamless flow from the open-plan living space to the covered rear patio is perfect for outdoor entertaining year-round.

But that's not all - enjoy the luxury of a huge backyard with side access, offering ample space for family activities, pets, or potential future projects. The extra-long garage houses a cleverly integrated laundry and provides extra storage space, ensuring every inch of this home is utilised.

Currently rented for $550 per week on a periodic lease, this is an excellent opportunity for investors or homebuyers alike.

Unit 2 -

This one-bedroom gem, forming the smaller side of the duplex, is an investor's dream with its well-designed and sophisticated layout. Despite its compact size, this property exudes a spacious and open feel. The thoughtfully planned open-plan kitchen and living area flow effortlessly into an outdoor entertaining space, perfect for relaxing or hosting. The large bedroom, tucked away at the end of the living, ensures privacy, while the modern bathroom and separate toilet add extra convenience.

Adding to the appeal is the cleverly integrated laundry in the extra-long garage, providing additional storage options.

With solid rental income of $340 per week and a secure lease until April 2025, this low-maintenance property offers an attractive return for investors. Whether you're expanding your portfolio or looking for a hassle-free income stream, this property is ready to deliver.

Please note, 1/16 Ashton Avenue and 2/16 Ashton Avenue are leased together, generating a combined rental income of $890 per week. The property will be sold as a whole and is NOT strata titled.

Make this incredible property yours and start living the dream today!

Investment Highlights:
• Prime Location: Nestled in the Redbank, surrounded by lush bushland and parks, attracting quality tenants who value lifestyle and convenience.
• Unbeatable Convenience: Minutes from major transport links, shopping centres, top schools, and essential amenities, and nestled within the booming Greater Springfield area.
• Thriving Rental Market: Take advantage of long-term, reliable tenants in an area known for strong demand and minimal vacancy rates.

Disclaimer:
In preparing this information, Agents'Agency and ClearCut Real Estate has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate.

Property History for 16 Ashton Ave, Redbank, QLD 4301

A timeline of how this property has performed in the market
Last Sold
$866,200
08 Oct 2024
Listed for Rent
$260/w
11 Jul 2019
  • 20 Dec 2024
    Listed for Rent $340 / week
  • 01 Nov 2024
    Listed for Rent $550 / week
  • 08 Oct 2024
    Sold for $866,200
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About Redbank 4301

The size of Redbank is approximately 8.3 square kilometres. It has 9 parks covering nearly 3.1% of total area. The population of Redbank in 2011 was 1,605 people. By 2016 the population was 1,848 showing a population growth of 15.1% in the area during that time. The predominant age group in Redbank is 10-19 years. Households in Redbank are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Redbank work in a labourer occupation. In 2011, 52% of the homes in Redbank were owner-occupied compared with 49.6% in 2016.

Redbank has 1,374 properties. Over the last 5 years, Houses in Redbank have seen a 107.16% increase in median value, while Units have seen a 125.45% increase. As at 30 November 2024:

  • The median value for Houses in Redbank is $712,830 while the median value for Units is $514,168.
  • Houses have a median rent of $530 while Units have a median rent of $445.
There are currently 6 properties listed for sale, and 5 properties listed for rent in Redbank on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Redbank.

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Gary Singh
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CLEAR CUT REAL ESTATE
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.