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22 Argyle Street

Redbank Plains QLD 4301

3
1
1
920 m²
House
Currently for sale - view listing

Overview

PRIME MEDIUM DENSITY OPPORTUNITY WITH STRONG HOLDING INCOME

22 Argyle Street, Redbank Plains presents the ideal combination of holding income, location and future development potential. Situated within a Medium Density Residential zone and only a stone's throw from Redbank Plains Town Square, this property offers developers and strategic investors the opportunity to secure a site in one of the region's strongest growth areas. The existing 3-bedroom, one large bathroom has been extensively renovated approximately 4 years ago and is complemented by 4 air-conditioning units throughout the home. Adding further appeal is a quality tenant already in place who would love to stay long term, providing immediate cash flow while future plans and approvals are explored. Property Features: Medium Density Residential zoning, on 920m2 Strong future townhouse or multi-dwelling potential (STCA) Fully renovated throughout approximately 4 years ago Spacious 3-bedroom home with large bathroom Combined Living & Dining Room fitted with Air-con Separate laundry with loads of storage 4 air-conditioning units for year-round comfort Single lock up garage and plenty space for carport Outdoor covered entertainment 1 Garden sheds 3mx3m Excellent long-term tenant already in place Tenant keen to remain long term providing reliable holding income Ideal buy-and-hold development opportunity This is the perfect opportunity for buyers seeking: immediate rental return future upside development flexibility long-term capital growth Investor Highlights: Rental return $ 560.00 per week (21/02/26 - 22/02/27 ) Rent appraisal $ 590.00 - $610.00 per week ICC Rates - $586.30 per quarter (approx.) QUU Water - $329.34 per quarter (approx.) LOCATION: Conveniently located close to schools, shopping centres, parks, and public transport, with easy access to major roads and surrounding suburbs. 3 mins to Redbank Plains town square 5 mins to Redbank Plains State School Walking distance to the bus stop 9 mins to Redbank train station 30 min to Brisbane city Redbank is one of QLD's best kept secrets, situated close to transport (buses and trains) as well as being convenient to major arterial roads - located between style and convenience and affordability. Secure the income today while positioning yourself for tomorrow's potential. Do not miss this exciting opportunity to call PATTY 0421 445 945 or email patty.oldham@century21.com.au to arrange a PRIVATE inspection today. DISCLAIMER: Miljose Pty Ltd t/a Century 21 Josie Smith and Co has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. All distances, measurements, and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

3 bedrooms
1 bathroom
1 carspace
920 m² lot size
House

Property history for 22 Argyle Street

2025
Rented
Undisclosed
Leased on 16 Feb 2025 by Century 21 Josie Smith and Co
2020
Sold
$276,500
Private Sale/Treaty on 07 Jul 2020 by Shayne Gordon, of Professionals Results Realty Rebank Plains

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 217 reviews in Redbank Plains over the last 12 months.

Local market activity for 3 bedroom houses in Redbank Plains

In the last 12 months, 139 three-bedroom houses similar to 22 Argyle Street, have been sold.

This represents a 8% increase in three-bedroom houses sales when compared to the previous 12 months.

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