5 Waltz Street Ripley, QLD 4306

This property is compliant as a rooming/share house under the relevant Queensland legislations to allow the accommodation of three separate tenants at once.

Designed around the concept of "three of everything", the home features three bedrooms, three ensuites, three separate living areas, three lockable pantries, three linen cupboards and three dedicated garage storage units, ensuring each tenant enjoys their own space and storage. With each bedroom able to be rented individually, the property delivers an outstanding rental yield and presents an exceptional investment opportunity for the astute investor.

Current gross weekly rent: $1,100
Current annual gross rent: $1,100 x 52 = $57,200
Gross rental yield: Approx 5.72%

Please note: The above figures are provided as a guide only and should not be considered financial advice. You are encouraged to conduct your own calculations.

Frequently Asked Questions:

• 206m² home on a 408m² block
• 3 bedrooms, 3 ensuites, 2-car garage
• 3 separate living areas (main living, media room and study room)
• Built by Tribeca Homes in December 2023
• Located in the Cadence Estate
• Tenant 1: $380 per week (Lease: 3/5/2026 to 2/5/2027)
• Tenant 2: $420 per week (Lease: 28/2/2026 to 28/2/2027)
• Tenant 3: $300 per week (Lease: 3/7/2026 to 8/1/2027)
• Current gross rental income of $1,100 per week
• Last council rates: Approximately $760 per quarter
• Split system air-conditioning to all bedrooms and the main living area
• Fully furnished, with all furniture included in the sale

5 Waltz is available for private inspections only. Please contact Vanya directly to arrange an inspection.

Disclaimer:

Ray White has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accepts no responsibility and disclaims all liability with respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement. Please note that under current QLD legislation, one rent increase may occur per 12 months per property. Please contact Vanya directly if you have any questions regarding this listing.