Sold

11 Cambridge Way,
Ripley 4306, Queensland

5 bedrooms
3 bathrooms
2 car spaces
450m² land size
House

$895,000


Property details

SOLD BY VANYA

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.

Explore the area


School catchments

  • Ripley Central State School Primary Prep-6 Government 2.0km
  • Ripley Valley State School Primary Prep-6 Government 2.4km
  • Raceview State School Primary Prep-6 Government 4.5km
  • Fernbrooke State School Primary Prep-6 Government 4.6km
  • Staines Memorial College Combined Prep-12 Independent 5.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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