SOLD
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Sold on 22 Aug 2024 for $324,000

5 Enfield Street
Redbank QLD 4301

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 587m2
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Property Details for 5 Enfield St, Redbank

Building Type
Land
Land Size
587m2

Last Listing description (August 2024)

Make your Decision: Design Your Perfect family Living Space or Generate Lucrative high yield Returns on your investment with a Multi-Occupancy Build. This site is cleared ready to build and provides endless opportunity to gain high yield return on your investment. Only 30 Minutes from Brisbane, 1 hour to the Gold Coast and 5 Mins to Ipswich you won't find a more centralised location, what more could you ask for?

The Land
- A great square block of 587 sqm close to the heart of Redbank CBD

- Over 19m Street Frontage lending itself for multiple design layouts
- Cross over and services already connected onto this site.

The Build Options
- Choose your own build or;
- The owner has collaborated with a predominant local builder to develop a multi-occupancy floor
plan providing the potential for above-average investment returns.
- The proposed floor plan configuration provides for 4 Bedrooms with 4 ensuites, communal kitchen,
laundry and living areas providing for single let accommodation and on site parking.

Investment Potential
- Perfect for Super Funds, Builders Seeking House and Land Packages or the investor looking at
seeking potential high yield returns from single let accommodation opportunities.
- Opportunity to Finance Building Before Resale.
- Options to also taylor a design that suits your investment needs, explore the possibilities.

Fortune favours the brave so take the plunge and reward your Investment or homeownership dreams today. This site will be sold with proposed floor plans and build costings most of the hand work has already been done so what are you waiting for?

Convenient Location:
- Close Proximity to Schools, Shopping Centres, Hospitals and Public Transportation and only 30
mins to Brisbane CBD or 5 minutes to Ipswich CBD.
- Walking Distance to Prominent Schools, Ideal for Families with Children being located in most
school catchment areas.
- Suit professional couples with the CBD being only 30 mins commute.
- Proposed service station with convenience store a 2 minute walk

Nearby Amenities:
- 750 m walk to Redbank State School 220 m walk to Redbank Train and Bus Stations
- 1.7 km walk from Redbank Plaza and Fitness Gym
- 4 km from Bellbird Park State Secondary School
- 17 km to Ipswich Hospital
- 27 km or 30 mins to Brisbane City
- 1 hr to the Gold Coast

Don't Miss Out on this prime investment opportunity! Contact Michelle Handbury 0412 711 702 or Erin McGee 0427 078 757 today to discuss your options for this versatile parcel of vacant land.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, however we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property History for 5 Enfield St, Redbank, QLD 4301

A timeline of how this property has performed in the market
Last Sold
$324,000
22 Aug 2024
  • 06 Aug 2024
    Sold for $324,000
  • 14 Jun 2024
    Listed for Sale Contact Agent
  • 30 Nov 2023
    Listed for Sale Not Disclosed
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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.

Suburb Insights for Redbank 4301

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Contact agent
Michelle Handbury
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Erin Mcgee
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Q State Properties
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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.