SOLD
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Sold on 20 Nov 2023 for $700,000

10 Opportunity Street
Ripley QLD 4306

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 450m2
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Property Details for 10 Opportunity St, Ripley

10 Opportunity St, Ripley is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 450m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Ripley in the last 12 months.

Building Type
House
Land Size
450m2
Local Government
Ipswich
Lot/Plan
51/SP291364

Last Listing description (November 2023)

** ATTENTION: The tenant's furniture have been digitally removed from the photos displayed to protect their privacy. DIGITAL FURNITURE has been added for illustration purposes to give a gauge on the size of each room.**

Seize the chance to add a lucrative asset to your investment portfolio with 10 Opportunity Street, Ripley. This strategically located property comes with a fixed-term lease agreement, offering you immediate rental income and peace of mind. Here's why this investment opportunity stands out:

Key Investment Highlights:

📈 Stable Rental Income: The property is currently under a fixed-term lease agreement, providing you with a reliable and steady rental income stream for the next 12 months. No need to worry about finding tenants - it's a hassle-free investment.

🏡 Modern Living Spaces: The well-designed layout of this home ensures broad tenant appeal. With spacious interiors, four bedrooms, and a gourmet kitchen, it attracts quality tenants who appreciate comfort and style.

🛠️ Low Maintenance: The property has been meticulously maintained, reducing the need for immediate repairs or renovations. This translates to lower ongoing costs for you as an investor.

🌐 High Demand Area: Ripley is a rapidly growing community with high demand for quality rental properties. Take advantage of the area's popularity and potential for future property appreciation.

🔒 Secure Investment: The fixed-term lease agreement not only guarantees rental income but also provides stability and security for your investment. Enjoy a hassle-free investment period without the uncertainties of tenant turnover.

🚗 Double Garage: The convenience of a double garage adds to the property's appeal, making it an attractive option for tenants seeking both space and security.

💼 Home Office Potential: With a designated home office space, this property caters to the evolving needs of the modern tenant, further increasing its rental desirability.

📐 Land Size: The property sits on a generous block. on 450sqm, this home sits on one of the most generous allotments of land in the Estate.

🔑 Investor-Friendly: With a turnkey-ready property and a reliable tenant already in place paying $550/week, this is an investor's dream. Your investment journey starts with immediate returns.

📞 Act now to secure this investment gem. Contact us today to discuss how 10 Opportunity Street, Ripley, can become a valuable addition to your portfolio. Don't miss out on this opportunity for a hassle-free and rewarding investment experience.

*The tenants lease is due to expire in Septemeber 2024.

Property History for 10 Opportunity St, Ripley, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$700,000
20 Nov 2023
Listed for Rent
$560/w
24 Aug 2023
  • 20 Nov 2023
    Sold for $700,000
  • 13 Nov 2023
    Listed for Sale Offers $700k+
  • 10 Aug 2023
    Listed for Rent $550 / week
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About Ripley 4306

The size of Ripley is approximately 12.8 square kilometres. It has 3 parks covering nearly 0.6% of total area. The population of Ripley in 2011 was 1,024 people. By 2016 the population was 1,396 showing a population growth of 36.3% in the area during that time. The predominant age group in Ripley is 20-29 years. Households in Ripley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ripley work in a trades occupation. In 2011, 80.8% of the homes in Ripley were owner-occupied compared with 72.5% in 2016.

Ripley has 4,358 properties. Over the last 5 years, Houses in Ripley have seen a 82.65% increase in median value, while Units have seen a 96.57% increase. As at 31 October 2024:

  • The median value for Houses in Ripley is $743,733 while the median value for Units is $678,320.
  • Houses have a median rent of $573 while Units have a median rent of $500.
There are currently 38 properties listed for sale, and 35 properties listed for rent in Ripley on OnTheHouse. According to CoreLogic's data, 395 properties were sold in the past 12 months in Ripley.

Suburb Insights for Ripley 4306

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Contact agent
Michelle Davies
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Ibrahim Sulvic
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Stone Real Estate Logan
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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.