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35 A & B Rice Road

Redbank Plains, QLD 4301, Australia
$899,000
6 bed 2 bath 2 car1012m²

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Area Price Guide
$845,060$952,940

Indicative price guide range

🏘️
91
Comparable
📊
$875,000
Area median
⚖️
+3%
vs median
📐
$888
Per m²
📏
1012 m²
Land
🗓️
1 week ago
Listed

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About this property

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!

Property Features

    View full listing on Domain

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    Repayment calculator

    $4,358/month
    $2,179 /fortnight
    Loan $719,200 at 6.10% over 30 years

    Upfront costs

    Deposit$179,800
    Stamp duty$33,480
    Conveyancing (est.)$2,000
    Total upfront$215,280
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    duplex
    Listing Type
    For Sale
    Bedrooms
    6
    Bathrooms
    2
    Parking
    2
    Land Area
    1012m²
    Listed
    1 week ago

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