1&2/57 Minerva Street South Ripley, QLD 4306

Modern Dual-Key Property With 5.5% Rental Return

At only 2 years old, this modern dual-key property has wonderful tenants in place and has been exceptionally taken care of, ensuring a comfortable and stress-free investment. Each side is a separate self-contained home, with it's own rental income stream.

Total Rental Yeild: $645/week
Additional earnings from 6.5kW solar system

Unit 1

• 2-year-old Fortitude Homes build
• Steel frame
• Tenanted for $370/week - lease renewal due in May 2022
• 4 generous bedrooms with built-ins and fans
• Master with air-conditioning, built-in robe and ensuite
• Light and airy open-plan kitchen, dining, and living area which is air-conditioned and opens out onto private alfresco
• Bathroom with shower and bath
• Internal laundry
• Private single garage
• Private and fully-fenced yard

Unit 2

• Tenanted for $275/week - lease renewal due in September 2021
• 1 bedroom with air-conditioning and ensuite with shower
• Light and airy open-plan kitchen, dining, and living area which is air-conditioned and opens out onto private alfresco
• Internal European-style laundry
• Undercover alfresco area
• Private single garage
• Private and fully-fenced yard

Location:

This is a terrific spot only minutes from schools, shops and amenities.

• 10 minute* walk to the Ripley Valley State School
• 10 minute* walk to the Ripley Valley State Secondary Collage
• 4 minute* drive to the local Cafe and Splash'n'Play children's park
• 2 minute* walk to the proposed Ripley Town Centre and Medical Precinct
• 6 minute* drive to Ripley Coles Shopping Centre
• 15 minute* drive to Orion Springfield Town Centre
• 15 minute* to Springfield Central Train Station
• 15 minute* to downtown Ipswich
• 40km* to the heart of the Brisbane CBD

Offering over 5% rental return, this is an amazing investment, so see you at the open homes, or contact Vanya for an inspection.

*Approximately