38 Argyle St

Redbank Plains QLD 4301

0 m²

720 m²

House

Currently for sale - view listing

Overview

Prime Investment Opportunity – Growth Location with Long-Term Tenant!

If you're searching for the perfect set-and-forget investment, look no further than 38 Argyle Street, Redbank Plains. This solid and well-presented 3-bedroom home is located in one of South-East Queensland's fastest-growing corridors, just a short stroll from Redbank's brand-new Town Square and bustling shopping precinct. With infrastructure expanding rapidly, demand for quality rentals in the area is at an all-time high – and this property is already delivering excellent returns. Currently leased to a fantastic long-term tenant with an impeccable rental history, the home is returning $480 per week with a lease secured until June 2026 – and the tenant is keen to extend beyond that. Investors can step straight in with peace of mind knowing that rental income is guaranteed well into the future. Adding to the appeal, the property sits on a large 720m² block with Residential Low Density Zoning, offering plenty of space and potential. There's also scope for a code-assessable auxiliary dwelling (STCA), providing an outstanding opportunity to further increase yield in the years ahead. Features: * 3 good sized bedrooms * 1 spacious main bathroom * Modern kitchen with plenty of counter space * Well lit lounge dining area * Spacious 720m² block – Residential Low Density Zoning * Potential for auxiliary dwelling (STCA) * Long-term tenant with excellent rental history * Currently rented at $480 per week * Lease secured until June 2026 with tenant looking to extend * Minutes walk to Redbank Town Square & Tavern - Close to Primary & Secondary Schools - Easy access to train & bus stations - Short drive to Redbank Plaza and Orion Shopping Centre This is the kind of property savvy investors look for – secure rental income, capital growth potential, and unbeatable location. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.