DUAL OCCUPANCY PROPERTY WITH 2 TENANCIES

An incredible investment opportunity, this dual occupancy property offers strong returns and long-term growth potential in a high-demand location. Positioned on a 448sqm block with a single title, the property benefits from 1 Ipswich City Council rates notice and 1 Urban Utilities account, with sub-meters in place for tenants to reimburse water usage.

The property was only built in 2019, designed for maximum yield, the property comprises two fully self-contained dwellings, each with secure garage accommodation and separate tenancies in place.

UNIT 1 (4 Bedrooms, 2 Bathrooms, Single Garage):

* Spacious open plan living and dining area with air conditioning for year-round comfort
* Modern kitchen featuring stone benchtops, breakfast bar, microwave nook and stainless steel appliances including gas cooking and a dishwasher
* Covered tiled outdoor entertaining area complete with a ceiling fan, ideal for relaxed outdoor living
* Air conditioned master bedroom with private ensuite
* 3 additional bedrooms, all with built-in wardrobes and ceiling fans
* Central main bathroom with both bath and shower servicing the additional bedrooms
* Internal laundry room for added convenience
* Fully fenced & separate, low maintenance backyard
* Single remote garage with internal access to the home
* Currently leased at $560 per week, with a rental appraisal of $580–$600 per week in the current market
* Secure fixed term lease in place until 05/10/2026

UNIT 2 (1 Bedroom, 1 Bathroom, Single Garage):

* Tiled open plan living and dining area with air conditioning for year-round comfort
* Modern kitchen featuring stone benchtops, microwave nook and stainless steel appliances including gas cooking and a dishwasher
* Covered tiled outdoor entertaining area complete with a ceiling fan, ideal for relaxed outdoor living
* Air conditioned master bedroom with a built in wardrobe and ensuite bathroom
* Internal laundry and storage cupboard for added convenience
* Fully fenced & separate, low maintenance backyard
* Single remote garage
* Currently leased at $390 per week, with a rental appraisal of $400–$420 per week in the current market
* Secure fixed term lease in place until 25/01/2027

With two income streams, minimal outgoings and strong rental demand in the area, this is a smart addition to any investment portfolio. Ripley is one of South East Queensland’s fastest-growing communities, offering a modern, family-friendly lifestyle with everything at your fingertips. With quality schools, parks, walking tracks and the expanding Ripley Town Centre nearby, convenience is assured.

Just a short drive to Ipswich and within easy reach of Brisbane, Ripley continues to attract strong demand, making it an excellent choice for both homeowners and investors looking to secure a property in a thriving, high-growth area.

This is an opportunity not to be missed, please feel free to call or SMS Veronika on 0436 444 426.

PLEASE NOTE: Whilst every care is taken in the preparation of the information contained in the marketing, V & Co. Realty will not be held liable for any errors in typing or information.

Features