Price Undisclosed

4 Bed  •  2 Bath  •  2 Car  •  729m²

Main view of Homely other listing, 11 Somerfield Street, Redbank Plains QLD 4301
Floorplan of Homely other listing, 11 Somerfield Street, Redbank Plains QLD 4301
Second view of Homely other listing, 11 Somerfield Street, Redbank Plains QLD 4301
+12

Sold

11 Somerfield Street, Redbank Plains QLD 4301

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Price Undisclosed

  • 4
  • 2
  • 2
  • 729m²

Other Sold on Thu 6 Dec, 2018

What's around Somerfield Street

Other description

“INVESTOR ALERT - DUPLEX PAIR WITH CASH FLOW - YEILD 6.96% - TWICE THE INCOME GROWTH CORRIDOR!”

Rarely do you see a property with such high yield - this duplex sits on one title and offers two income streams!
Centrally located within walking distance to shops, and in close proximity to schools, parks, public transport and amenities - this property is a short drive away from major shopping centres and the Ipswich Motorway (M2).
Excellent long term tenants make this low maintenance property a true set-and-forget investment.
Sitting on a large fully fenced 729m2 block, this property consists of two identical units, each containing a neat & tidy kitchen, two bedrooms (with built in wardrobes), one bathroom, open plan living & dining, large seperate internal laundry and single lock-up garage (with internal access), with room for a second vehicle in the driveway plus a visitor bay each.
This Property offers the perfect opportunity to fast track your future wealth. It is the fast and easy way to owning your own investment property with the added benefit of having the option to live in or rent out depending on your needs.
Property Features:
- 2 x two bed (each with built in wardrobes), 1 bath + lockup garage - opportunity to Strata title and value add.
- Open plan living & dining
- Neat & tidy kitchen
- Internal laundry with skylight
- Two single lock up garage
- Room for extra off-street parking
- Fully fence yard suitable for children and small pets
- NBN connected
Investor Information:
- Appx 6.95% gross Yield
- Total rental income $515 / week
- Long term tenants in place
- Low maintenance property
- One Title with two rental properties
- One set of council rates and utilities for both properties
Suited to investors looking for their first property, or to add to their investment portfolio. Be quick and don't let this opportunity get away, book your inspection today!

Land details

Area: 729m²

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Third view of Homely other listing, 11 Somerfield Street, Redbank Plains QLD 4301View more
Fourth view of Homely other listing, 11 Somerfield Street, Redbank Plains QLD 4301View more

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11 Somerfield Street, Redbank Plains QLD 4301
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