47 Johnson Circuit

Ripley QLD 4306

374 m²

House

Currently for sale - view listing

Overview

The Tenants Are Settled. The Rent Is Coming In. What's Not to Like?

Some investment properties come with a long to do list. Find tenants, negotiate a lease, wait for the rent to start rolling in... This one? The tenants have already unpacked. Welcome to 47 Johnson Circuit, Ripley, where the numbers make sense and the hard work of securing a tenancy has already been done. Offering four bedrooms, two bathrooms, two car accommodation and a low maintenance 374mÂ² block, this contemporary home has the ingredients investors look for in a rental property. But here's where it gets interesting. Let's talk numbers: * 4 bedrooms * 2 bathrooms * Two car accommodation * 374mÂ² allotment * Currently rented for $675 per week * Fixed term lease until August 2027 * $35,100 gross annual rental income at the current rent * Council Rates = Approx $765.20 per quarter * Water = Approx $235 per quarter (connection only) With an established tenancy already in place, you can skip the search for tenants and step straight into an income producing investment. And while the rental figures are certainly worth your attention, there's more to consider. Ripley continues to develop as a residential community, offering access to schools, shopping, parks and the wider Ipswich region. It's the kind of location that appeals to people looking for the convenience of modern suburban living. The practical four bedroom layout, double car accommodation and manageable block size add to the property's appeal as a long term rental investment. No promises of overnight riches. No exaggerated sales pitch. Just a modern home, an established tenancy and rental income already coming in. Sometimes the smartest investments aren't the ones making the most noise. They're the ones quietly getting on with the job. Call Emma today! Disclaimer: Qteam Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.