Back 2/8 Colane St
Off Market

2/8 Colane St

Redbank Plains QLD 4301

3
2
1
House
Last sold for $276,000
John SchlammJohn Schlamm, last sold this property on 03 September 2017 after -2 days on market.

Overview

SOLD by John Schlamm

Have you been looking for a great investment opportunity in the growing suburb of Redbank Plains? Well if so, this duplex could well be perfect for the astute investor. Both sides of this duplex are being offered to the market, and each is immaculately presented and maintained. Whilst each has its own title, and could be sold separately, the current owners would rather sell them as a package, however if you were to buy both, then in the future you could sell individually should you wish. Set on a good sized 821m2 block, right by the side of a large park area in an established estate these homes were built in 2009, so there is still depreciation that could be claimed on the properties. Each side consists of three good sized bedrooms, the main with ensuite, a large separate living area, and an open planned quality kitchen with dining area. With a rental return of up to $660 per week, this property should make your accountant happy! With an air conditioned living area, fans to the bedrooms, NBN connection, security screens, fully fenced yards, solar hot water, water tank and a pleasant covered alfresco area there really is nothing that you need to do. There are no body corporate fees to pay! The recently opened $160m Redbank Plains Town Square Shopping Centre is just a few minutes drive away, plus other amenities nearby include the 2 new train stations in Springfield, Orion Shopping Centre, Event Cinema, Robelle Lagoon and Parklands. Why buy a brand new property, that is probably going to cost you more, be on a smaller block and be further away from local amenities, when you could buy this real gem. The owners have made it clear that they would like the property sold (and to answer the question that people love to ask - "why are the vendors selling?", because they are looking to retire in the future and happy to hand the keys over to someone else in their quest for financial freedom). Inspections are easy to arrange with the friendly tenants, so make time to visit this great opportunity.

Features

3 bedrooms
2 bathrooms
1 carspace
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Redbank Plains over the last 12 months, the estimated median property value of 2/8 Colane St is $770k.

Median value
$770k
Estimated value range
$585k - $6.24m
Median days on market
16
Estimated value trend
21%
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 2/8 Colane St

2024
Rented
Undisclosed
Leased on 11 Mar 2024 by Harcourts Greater Springfield
2019
Rented
Undisclosed
Leased on 26 Aug 2019 by Harcourts Greater Springfield
2017
Rented
Undisclosed
Leased on 20 Sep 2017 by Harcourts Greater Springfield

Happy sellers in Redbank Plains

96%
96% 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 215 reviews in Redbank Plains over the last 12 months.

Local market activity for 3 bedroom houses in Redbank Plains

In the last 12 months, 143 three-bedroom houses similar to 2/8 Colane St, have been sold.

This represents a 12% increase in three-bedroom houses sales when compared to the previous 12 months.

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