Inspection Information: Inspections are by appointment and subject to tenant availability. Please contact our team to arrange a viewing.
Positioned in the growing and family-friendly community of Redbank Plains, this dual-occupancy investment property presents an exceptional opportunity for investors seeking an established dual-income rental asset with immediate returns.
Currently tenanted across two self-contained residences generating combined rental income of $930 per week, this property offers the significant advantage of dual income streams while maintaining manageable tenant relationships across a single title. Built approximately 2018, both residences feature modern construction and practical layouts that appeal to a broad tenant demographic.
With local shopping centres, schools, parks and transport options all within easy reach, this is a fantastic opportunity to secure a dual-income investment property in one of the western corridor’s most sought-after residential communities.
Property Features:
Residence 1 (1 Bed / 1 Bath / 1 Car):
One bedroom with built-in wardrobe
Spacious bathroom with large shower
Air-conditioning in living area and bedroom
Open plan kitchen and living area
Remote lock-up garage
Private, fully fenced backyard
Residence 2 (3 Bed / 1 Bath / 1 Car):
Three bedrooms with built-in wardrobes
Ceiling fans throughout
Air-conditioning in living area and main bedroom
Combined living and dining area
Fully appointed kitchen
Remote lock-up garage
Private, fully fenced backyard
Location:
Situated in the popular suburb of Redbank Plains, this location offers a great combination of everyday convenience, family-friendly surroundings and accessibility. Residents enjoy easy access to Town Square Redbank Plains, offering supermarkets, specialty retailers, cafés, restaurants and essential services. The surrounding area features a range of local parks, schools and recreational facilities, making it an attractive location for families and tenants alike. With convenient connections to Springfield, Ipswich and Brisbane via the surrounding road network, Redbank Plains continues to attract both homeowners and investors looking for an affordable and well-connected location.
Easily Accessible Locations:
2 min drive to Woolworths Redbank Plains
7 min drive to Town Square Redbank Plains Shopping Centre
15 min drive to Springfield Central Train Station
11 min drive to Ripley Satellite Health Centre
14 min drive to University of Southern Queensland
20 min drive to Costco Ipswich
Easy access to both Ipswich and Centenary Motorways
40 min drive to Brisbane CBD
45 min drive to Brisbane Airport
School Zones:
Fernbrooke State School (Prep to Year 6) – 2 min drive
Redbank Plains State High School (Year 7 to Year 12) – 7 min drive
Rental Income:
Residence 1: $410 per week until 22 June 2027
Residence 2: $520 per week until 7 March 2027
Combined current annual rental income: Approximately $48,360
Last rental increases: 24 June 2026 and 9 March 2026
Costs:
Council Rates: $1,255.50 - last bill (3 months)
Water Rates: $664.84 - last bill (3 months)
Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, JJ Property will not be held liable (financially or otherwise) for any errors or omissions relating to the property, contents and/or facilities in the property or complex. Photographs used in our marketing may be digitally edited or enhanced, including the removal of personal belongings, clutter and the addition of virtual furniture, for presentation purposes. Images are indicative only and may not reflect the property’s exact current condition or contents. All interested parties should rely upon their own inspections and investigations to determine whether the property is suitable for their needs and to confirm that all advertised features, contents and facilities are present.