OFF MARKET

5/33 Law Street S
Redbank QLD 4301

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 106m2
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Last updated 30 Sep 2024
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Property Details for 5/33 Law St S, Redbank

5/33 Law St S, Redbank is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 106m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1990
Floor Size
73m2
Land Size
106m2
Local Government
Ipswich
Lot/Plan
5/SP234729

Last Listing description (November 2021)

Spacious ground floor unit in a secure building of 6 units. You have your own security code for safe entry located directly across the road from the Redbank Plaza shopping Centre. Being within walking distance to the Redbank Train Station is a car necessary. Do you just need one bedroom? Then this unit offers a spacious bedroom with walk in robe plus a generous sized ensuite with 2 very big separate living areas. Do you need two bedrooms, permanently or maybe just occasionally? Then close the concertina doors and turn the extra living space into a huge second bedroom with its own ensuite and built in wardrobe . There is a spacious modern kitchen with a big breakfast bar and pantry. The laundry is inside next to the huge storage area, ideal for your bike and other individual needs. Relax or entertain friends in the fully secured private courtyard. There is off street parking with dedicated space just for you. Rented at a whopping $280 per week that is a huge 6.64% yield without negotiating on price. Imagine negotiating on price there is the potential for a 7%+ return.
This unit needs to be seen to be appreciated. The out-of-town seller is wanting to move on and is motivated to meet the market.

Contact Darren Boettcher to arrange your personal viewing. #sellingiswhatido

Features:
. Modern ground floor unit in a secure building of only 6
. Personal security code for safe entry to the building
. Great floor plan (see attached) can configure to
2 bedrooms each with its own ensuite master has a WIR
2nd bedroom has a big built in wardrobe for your convenience
. Or leave as a one bedroom and enjoy 2 separate massive living areas
. Modern Kitchen with a big pantry and miles of bench space
. Laundry is located inside the unit comes with a huge storage area
. Ideal location for storing your bike or other individual items
. Relax or entertain friends in the secure private courtyard
. Your personal dedicated off street undercover parking space
. Very handy location in a flood free area
. Located across the road from Redbank Plaza, walk to rail station
. Rented @ a whopping $280 per week that's a huge 6.64% return
. Motivated seller has priced the unit to sell and will consider all offers
. Contact Darren Boettcher to arrange your personal inspection
#sellingiswhatido

Property History for 5/33 Law St S, Redbank, QLD 4301

A timeline of how this property has performed in the market
Last Sold
$199,000
23 Mar 2021
Listed for Rent
$280/w
04 Jan 2016
  • 23 Mar 2021
    Sold for $199,000
  • 02 Mar 2021
    Listed for Sale Price Guide $199,000 - $219,000
  • 03 Sep 2015
    Listed for Rent - Price not available
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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 1,371 properties. Over the last 5 years, Houses in Redbank have seen a 110.88% increase in median value, while Units have seen a 84.24% increase. As at 30 September 2024:

  • The median value for Houses in Redbank is $711,562 while the median value for Units is $493,817.
  • Houses have a median rent of $523 while Units have a median rent of $443.
There are currently 12 properties listed for sale, and 9 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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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.