35 A & B Rice Road
Redbank Plains QLD 4301

An enticing investment opportunity is on offer with this dual income property on a single title with no Body Corporate expenses situated on a generous 1012m2 block of land in a huge growth corridor. 

Unit A & B are identical by floorplan:
* Three newly carpeted bedrooms – two with built-in robes
* Functional open plan living area with low maintenance tiled floor
* Modern kitchen with double sink, electric stove & oven, pantry and overhead display cabinets
* Family bathroom consisting of shower-over-bath configuration, vanity unit with great storage underneath and vanity mirrored storage above 
* Ceiling fans and security screens throughout for all year comfort
* Separate laundry/toilet with direct access to the covered entertainment area
* Single carport inside fenced front yard with room to park a second vehicle inside the front fenceline
* Fully fenced 1012sqm block divided into two separate front and back yards

Unit A – 3 bedroom, 1 bathroom, 1 car accommodation – Currently vacant which allows for the updated rental return of $530 – $580 per week to be put in place for the selected new tenant.
Unit B – 3 bedroom, 1 bathroom, 1 car accommodation is currently leased at $400 per week with lease ending on 25 May 2026. Updated rental appraisal of $530 – $580 per week.

With a tenant in place at the new estimated rental, the combined weekly rental potential of this property is currently $930 – $980 per week with room to expand on this weekly return  when Unit B rental return comes into alignment with the current market appraisal.

One of the notable advantages of this property is its excellent location:
* 2-minute drive to St Ann’s Catholic School
* 3-minute drive to Redbank Plains Primary School
* 5-minute drive to Redbank Plains High School
* 7-minute drive to Town Square Redbank Plains Shopping Centre
* 37-minute drive to Brisbane CBD
* 14- minute drive to Ipswich CBD
* 2-minute drive to Redbank Plains Railway Station ‘Park and Ride’
* Bus services available to schools, shopping centre and railway station 

This property is valuable with its modern construction on a sizeable 1012sqm block of land and prime location within a rapidly growing corridor. Take advantage of the chance to secure this bankable investment by calling Judy today!