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4 Eucalyptus Crescent, Ripley QLD 4306

Investment Opportunity: Impeccably Maintained Duplex with Long-Term Tenants

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.

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Corey Martin

Braedyn Tirant