11 Cambridge Way Ripley, QLD 4306

Highly Sought After Dual-Key Property!

Highly sought after and rarely available, this could be your chance to secure an exceptional dual key property in the heart of Ecco Ripley.

Property Details at a glance:

• Built in 2020 by Fortitude Homes
• Ecco Ripley Estate
• 450m2 block with a 242m2 total home
• Dual Key Property (two rents, one title)
• No Body Corporate Fees
• Council Rates: $1005/quarter

Main Dwelling:

• 1/11 Cambridge Way
• Size of Main Dwelling: 160sqm
• Currently Vacant (previous tenant vacated mid July)
• Last Rental Increase: 26/6/23
• Future Rental Appraisal: $530/week
• Freshly re-painted and re-carpeted at end of last lease

Ancillary Dwelling:

• 2/11 Cambridge Way
• Size of Ancillary Dwelling: 82sqm
• Currently Tenanted
• Current Lease Dates: 29/8/23 - 2/9/24 at $330/week
• Future Lease Dates (already signed) for 3/9/24 - 8/9/25 for $380/week

Sitting on a single title but delivering two regular rental returns, this low maintenance property will ensure a comfortable and stress-free investment for a future landlord. Each side is a separate self-contained home, each with it's own rental income stream to ensure a fantastic rental yield.

Property Features:

• 5 bedrooms total with fans, blinds, fly screens and built-in wardrobes
• Main dwelling has 4 bedrooms, ancillary dwelling has 1 bedroom
• Both masters with modern ensuites
• Both kitchens have 5-burner gas burner cooktops and electric ovens
• Both have split air conditioning systems in master bedrooms and living areas
• Both have low maintenance and no-fuss backyards
• Light and bright colour scheme throughout both homes
• Each side of the home is separated by a soundproof and fireproof dividing wall
• Each side of the home is individually metered for water, and the tenants are charged full consumption
• Single Car Garage for each side
• 6.5kW Solar System
• NBN Connection
• Steel Frame
• Mains Gas

Location:

• Centrally located in the Ecco Ripley Estate
• 4 minute drive / 10 minute walk to Ripley Coles Shopping Centre
• 4 minute drive to Ripley Central State School
• Easy access in and out of the estate onto both the Centenary and Cunningham Highways
• 15 minute drive to Springfield
• 15 minute drive to downtown Ipswich

*All times are approximate

This dual key home is best appreciated in person - contact Vanya to organise an inspection, or see you at the open homes.