SOLD
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Sold on 19 Jun 2024 for $785,000

16 Ironpot Street
Redbank Plains QLD 4301

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 419m2
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Property Details for 16 Ironpot St, Redbank Plains

16 Ironpot St, Redbank Plains is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 419m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in Redbank Plains in the last 12 months.

Building Type
House
Land Size
419m2
Local Government
Ipswich
Lot/Plan
352/SP279417

Last Listing description (June 2024)

Discover the ultimate investment opportunity with this dual occupancy property located in the vibrant Redbank Plains. This property is a testament to modern living and smart investing, featuring a well-designed 4 bedroom, 2 bathroom, and 1 garage unit on one side, and a cosy 1 bedroom, 1 bathroom, and 1 garage unit on the other. Both units are currently tenanted, reflecting their excellent condition and appeal to renters.

Constructed 8 years ago, this property has been meticulously maintained, ensuring that it remains contemporary and functional. Its prime location near Eden's Village and Mountview Shopping Centre places it in the heart of a rapidly expanding area, making it an investor's dream. The convenience of nearby shopping, dining, and entertainment options, coupled with the growth potential of the region, makes this property an attractive proposition for any investor looking to capitalize on the area's development.

This dual occupancy property is not just an investment; it's a statement of lifestyle and foresight. With its fantastic location and strong rental history, it represents a rare chance to own a piece of Redbank Plains' future. Don't let this opportunity pass you by; explore the potential and envision the future that awaits with this exceptional property.

Property Features:
• Ceiling Fans
• Built-In robes
• Airconditioned Living Rooms
• Airconditioned Master Bedrooms
• Internal Laundry with Additional Toilet
• Combined Kitchen, Dining and Living Area

External Features:
• Patio
• East Facing
• 14m Frontage
• Town water supply
• Fully fenced off property

Location Features:
• Eden's Village - 2 min
• Orion Springfield Central - 9 min
• Mountview Shopping Centre - 1 min
• Redbank Plains Town Square - 8 min
• Ipswich Library, Redbank Plains - 6 min
• Redbank Plains Recreational Reserve - 7 min

Schools:
• St Augustine's College - 9 min
• St Ann's Catholic School - 5 min
• Staines Memorial College - 3 min
• Redbank Plains State School - 4 min
• Redbank Plains State High School - 6 min

Additional Information:
• Council Rates: $1,005/qtr
• Water Rates: $215/ qtr
• Occupancy:
- Unit 1 Tenanted till 1/11/2024 at $430 per week
- Unit 2 Tenanted till 14 May 2025 at $360 per week
• Combined Rental Appraisal: $850 - 910 per week

Contact Navin Chandra on 0455 879 703 for further details and be sure to stop by during the next Open Home. I look forward to meeting you.

Disclaimer:
Harcourts Greater Springfield Group has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Property History for 16 Ironpot St, Redbank Plains, QLD 4301

A timeline of how this property has performed in the market
Last Sold
$785,000
19 Jun 2024
  • 09 Oct 2024
    Listed for Rent $515 / week
  • 30 May 2024
    Sold for $785,000
  • 14 May 2024
    Listed for Sale Offers Invited!
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About Redbank Plains 4301

The size of Redbank Plains is approximately 18 square kilometres. It has 31 parks covering nearly 9% of total area. The population of Redbank Plains in 2011 was 14,976 people. By 2016 the population was 19,285 showing a population growth of 28.8% in the area during that time. The predominant age group in Redbank Plains is 0-9 years. Households in Redbank Plains are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redbank Plains work in a labourer occupation. In 2011, 47.5% of the homes in Redbank Plains were owner-occupied compared with 42.2% in 2016.

Redbank Plains has 10,216 properties. Over the last 5 years, Houses in Redbank Plains have seen a 105.26% increase in median value, while Units have seen a 99.40% increase. As at 31 October 2024:

  • The median value for Houses in Redbank Plains is $673,764 while the median value for Units is $512,887.
  • Houses have a median rent of $540 while Units have a median rent of $480.
There are currently 80 properties listed for sale, and 42 properties listed for rent in Redbank plains on OnTheHouse. According to CoreLogic's data, 853 properties were sold in the past 12 months in Redbank plains.

Suburb Insights for Redbank Plains 4301

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Contact agent
Navin Chandra
Show contact details
Harcourts Greater Springfield Group
Preferred contact:
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.