89 Cordeaux CrescentRedbank Plains QLD 4301
Property Details for 89 Cordeaux Cres, Redbank Plains
89 Cordeaux Cres, Redbank Plains is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 384m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Redbank Plains in the last 12 months.
Last Listing description (October 2024)
Rare Opportunity for savvy investors to maximize their income potential in the highly sought-after Redbank Plains area.
If you are just starting out with your investment journey or looking to add another performer to your portfolio then this modern, well-maintained duplex is not to be missed. This property has two semi detached income producing units on a fully fenced 384sqm block. With a combined total income of $880 per week and no body corporate fees this property can be your smartest investment option.
Unit 1:
? Tenanted until 16/8/25 for $500 per week
? Features 3 spacious carpeted bedrooms with built-in robes and ceiling fans.
? Main bedroom includes a walk-in robe, ensuite, and alfresco access.
? Equipped with a split system air conditioner for year-round comfort.
? Open-plan kitchen and dining area with quality stainless steel appliances.
? Secure electric single lock-up garage.
Unit 2:
? Tenanted until 16/7/2025 for $380 per week.
? Offers 2 spacious carpeted bedrooms with built-in robes and ceiling fans.
? Open-plan kitchen and living area with premium stainless steel appliances.
? Includes a covered balcony.
? Single carport for convenient parking.
This duplex is an ideal choice for investors seeking strong rental returns and low-maintenance living. Don't miss out on this fantastic opportunity in a sought-after location.
Disclaimer:
The information provided herein is based on sources considered reliable, but it is strongly recommended to verify its accuracy independently. Harcourts Asset do not assume responsibility for any inaccuracies or errors in the information provided. Photos are for visual reference only and may not depict current conditions. This includes but is not limited to virtual staging and or furnishings depicted, item removal or photo editing for advertising purposes. Harcourts Asset strongly recommend visiting the property in person for an accurate assessment.
Property History for 89 Cordeaux Cres, Redbank Plains, QLD 4301
- 13 Aug 2024Sold for $805,000
- 30 Jul 2024Listed for Sale FOR SALE
- 14 Feb 2014Sold for $175,900
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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 10,217 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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