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Back 11 Somerfield Street
Off Market

11 Somerfield Street

Redbank Plains QLD 4301

4
2
2
729 m²
Duplex Semi-Detached
Last sold for $378,500
Rudy GrommenRudy Grommen, last sold this property on 05 December 2018 after 30 days on market.

Overview

Sold by Rudy Grommen and Gagan KC

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!

Features

4 bedrooms
2 bathrooms
2 carspaces
729 m² lot size
Duplex Semi-Detached

Estimated Value

Based on this property and similar 4 bedroom duplex semi-detached properties sold in Redbank Plains over the last 12 months, the estimated median property value of 11 Somerfield Street is $1.02m.

Median value
$1.02m
Estimated value range
$862.5k - $1.18m
Median days on market
30
Estimated value trend
34%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Redbank Plains. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11 Somerfield Street

2018
Sold
$378,500
05 Dec 2018 by Rudy Grommen, of Harcourts Greater Springfield

Happy sellers in Redbank Plains

97%
97% of sellers in Redbank Plains reported that their sale price either exceeded or met their price expectations.

Redbank Plains stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 216 reviews in Redbank Plains over the last 12 months.

Local market activity for 4 bedroom duplex semi-detached properties in Redbank Plains

In the last 12 months, 7 four-bedroom duplex semi-detached properties similar to 11 Somerfield Street, have been sold.

This represents a 250% decrease in four-bedroom duplex semi-detached properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Redbank Plains

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Peter Ta

Sellers who recommend Peter Ta have praised them for being local expert, clear communication, supportive, responsive, friendly, stress-free process and great negotiation

  •   5   (92 reviews)
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Reza Askari

Sellers who recommend Reza Askari have praised them for being local expert, clear communication, dedicated, responsive, honest, supportive and detail-oriented

  •   5   (71 reviews)
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Karyn Fairbanks

Karyn Fairbanks is a recommended agent for Redbank Plains.  They have 9 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (343 reviews)
  •  11 Reviews in Redbank Plains
  •  9 Sales in Redbank Plains
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Michael Johnson

Michael Johnson is a recommended agent for Redbank Plains.  They have collected 11 local reviews across the last 12 months.

  •   4.9   (13 reviews)
  •  11 Reviews in Redbank Plains
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