4 Eucalyptus CrescentRipley QLD 4306
Property Details for 4 Eucalyptus Cres, Ripley
4 Eucalyptus Cres, Ripley is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 375m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
Welcome to this well-maintained duplex in one of South East Queensland's fastest-growing suburbs. Built-in 2015, this property offers an excellent opportunity to secure an investment property with reliable tenants until February 2025. Situated on a 375m2 block, the property boasts 215m2 under the roof, providing ample living space for both units.
Unit 1 is a spacious dwelling featuring three bedrooms, two bathrooms, and a single-car lock-up garage. The bedrooms are well-proportioned, offering comfort and privacy for the occupants. The two bathrooms cater to the needs of the residents, ensuring convenience and functionality. The car lock-up garage provides secure parking and storage space.
Unit 2 is another attractive living space within the duplex, featuring two bedrooms, two bathrooms, and a single-car lock-up garage. The layout optimises comfort and functionality, offering a comfortable living experience. The additional bathroom ensures convenience and privacy for the residents. Like Unit 1, Unit 2 has a car lock-up garage, providing secure parking and storage options.
Unit 1 - 3 Bed 2 bath 1 car = $380 per week - End of lease date: Feb 2025
Unit 2 - 2 bed 2 bath 1 car = $320 per week - End of lease date: Feb 2025
Rental = $700 per week, tenants wanting to stay on indefinitely
Rates = $4000 per year
Water = $900 per year (tenants pay consumption)
BC fees = $0. You own the whole complex
Insurance = $1100 per year, not near flood zones.
Rental Appraisal - Unit 1 - between $440 and $460 & Unit 2 - between $350 and $370
Rates: $946.95 / qtr (subject to change)
Water: $290. / qtr + consumption (subject to change)
One of the notable advantages of this property is its excellent location. Situated just four minutes from the local Ripley Town Centre, residents can easily access shopping, dining, and entertainment options. Additionally, the property is only three minutes away from local parks, providing outdoor recreation and relaxation opportunities. The proximity to the Centenary Highway makes commuting to Brisbane or the Gold Coast a breeze, while the Cunningham Highway offers a convenient route to Ipswich or Toowoomba.
If you are an investor looking for a secure property with reliable tenants, this well-maintained duplex offers an enticing opportunity. This property is valuable with its modern construction, attractive features, and a prime location within a rapidly growing suburb. Take advantage of the chance to secure this investment property and enjoy the benefits it has to offer.
Please look at the link I've attached for a video walkthrough.
Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained 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 enquiries to verify the information contained in this advertisement.
Property History for 4 Eucalyptus Cres, Ripley, QLD 4306
- 28 Aug 2023Sold for $703,000
- 07 Jun 2023Listed for Sale OFFERS OVER $699,000
- 05 Sep 2022Listed for Sale $699,000
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0About 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 4,397 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.
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