35 Rice RoadRedbank Plains QLD 4301
Property Details for 35 Rice Rd, Redbank Plains
35 Rice Rd, Redbank Plains is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 6 bedroom House sold in Redbank Plains in the last 12 months.
Last Listing description (December 2023)
Introducing a Unique Investment Opportunity in Redbank Plains: Dual Property, Double Incomes
We are thrilled to present a distinctive investment opportunity that combines modern living with the potential for double rental income in the burgeoning suburb of Redbank Plains. This dual property offers not just a home, but a strategic investment that maximizes returns, making it an ideal choice for astute investors seeking financial growth.
This dual home features 2 mirrored units both containing 3 bedrooms, 1 bathroom, a large kitchen and open plan living area, 1 car port with ample room for a second car, situated on a massive 1012m2 block of flat land.
Both residences offer convenient access to local amenities, schools, and parks. These homes offer a perfect blend of comfort, space, and accessibility, making them an ideal choice for those seeking a cosy abode in Redbank Plains. Currently, unit 1 is renting at $400 per week, while unit 2 is at $370 per week. Both units have perfect long term tenants.
Property features:
- 6 bedrooms
- 2 bathrooms
- 2 living areas
- 2 kitchens
- 2 separate laundries
- 2 separate toilets
- 2 carports
- 2 separate leases
- 2 sources of income = $770 p/w
- Fully fenced
- 1012m2 flat block
- Unit 1 is tenanted until 22/07/2024 and unit 2 is tenanted until 02/03/2024
What are you waiting for!!! This dual property is a fantastic investment opportunity that provides the flexibility to generate rental income, house extended family members, or even downsize while still maintaining a source of income. Don't let this opportunity slip through your fingers!
Contact us today to arrange a viewing and witness firsthand the potential and versatility this dual property in Redbank Plains offers. With its contemporary design, dual income potential, and prime location, this is an investment that you won't want to miss. Secure your future today!
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions ( inc. but not limited to a property's land size, floor plan and size, building age and condition) interested parties should make their own enquiries and obtain their own legal advice.
Property History for 35 Rice Rd, Redbank Plains, QLD 4301
- 27 Nov 2023Sold for $710,000
- 13 Nov 2023Listed for Sale Under Contract
- 01 Sep 2020Listed for Rent - Price not available
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0About 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 10,221 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.
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