11 Cambridge WayRipley QLD 4306
Property Details for 11 Cambridge Way, Ripley
11 Cambridge Way, Ripley is a 5 bedroom, 3 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 August 2024. There are other 5 bedroom House sold in Ripley in the last 12 months.
Last Listing description (August 2024)
Highly Sought After Dual-Key Property!
Highly sought after and rarely available, this could be your chance to secure an exceptional dual key property in the heart of Ecco Ripley.
Property Details at a glance:
- Built in 2020 by Fortitude Homes
- Ecco Ripley Estate
- 450m2 block with a 242m2 total home
- Dual Key Property (two rents, one title)
- No Body Corporate Fees
- Council Rates: $1005/quarter
Main Dwelling:
- 1/11 Cambridge Way
- Size of Main Dwelling: 160sqm
- Currently Vacant (previous tenant vacated mid July)
- Last Rental Increase: 26/6/23
- Future Rental Appraisal: $530/week
- Freshly re-painted and re-carpeted at end of last lease
Ancillary Dwelling:
- 2/11 Cambridge Way
- Size of Ancillary Dwelling: 82sqm
- Currently Tenanted
- Current Lease Dates: 29/8/23 - 2/9/24 at $330/week
- Future Lease Dates (already signed) for 3/9/24 - 8/9/25 for $380/week
Sitting on a single title but delivering two regular rental returns, this low maintenance property will ensure a comfortable and stress-free investment for a future landlord. Each side is a separate self-contained home, each with it's own rental income stream to ensure a fantastic rental yield.
Property Features:
- 5 bedrooms total with fans, blinds, fly screens and built-in wardrobes
- Main dwelling has 4 bedrooms, ancillary dwelling has 1 bedroom
- Both masters with modern ensuites
- Both kitchens have 5-burner gas burner cooktops and electric ovens
- Both have split air conditioning systems in master bedrooms and living areas
- Both have low maintenance and no-fuss backyards
- Light and bright colour scheme throughout both homes
- Each side of the home is separated by a soundproof and fireproof dividing wall
- Each side of the home is individually metered for water, and the tenants are charged full consumption
- Single Car Garage for each side
- 6.5kW Solar System
- NBN Connection
- Steel Frame
- Mains Gas
Location:
- Centrally located in the Ecco Ripley Estate
- 4 minute drive / 10 minute walk to Ripley Coles Shopping Centre
- 4 minute drive to Ripley Central State School
- Easy access in and out of the estate onto both the Centenary and Cunningham Highways
- 15 minute drive to Springfield
- 15 minute drive to downtown Ipswich
*All times are approximate
This dual key home is best appreciated in person - contact Vanya to organise an inspection, or see you at the open homes.
Property History for 11 Cambridge Way, Ripley, QLD 4306
- 05 Aug 2024Sold for $895,000
- 22 Jul 2024Listed for Sale SOLD BY VANYA
- 06 Nov 2019Sold for $229,000
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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 4,573 properties. Over the last 5 years, Houses in Ripley have seen a 90.77% increase in median value, while Units have seen a 71.37% increase. As at 30 November 2024:
- The median value for Houses in Ripley is $764,383 while the median value for Units is $552,511.
- Houses have a median rent of $580 while Units have a median rent of $495.
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