11 Cambridge Way, Ripley QLD 4306

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.