33 Cotton Cres, Redbank Plains, Qld 4301

We advised our clients not to sell this rare gem, but other priorities have taken precedence.  

This Holy Grail of investments, a near-new duplex, is located in the high-demand suburb of Redbank Plains and offers a premium investment opportunity with strong rental returns, minimal maintenance, and capital growth potential. 

This property has been built as 2 x independent three-bedroom residences separated by a firewall currently still on a single title but offers the possibility of them being split and strata’d 

Investment Highlights:
- Dual Rental Income—Two separate three-bedroom, two-bathroom, two-garage residences, each with a double garage, set on a spacious 810m² block. With Unit 1 offering a generous 158m² of floor space, while Unit 2 spans 160m².
- This is a rare opportunity to purchase an 810 m² Grade A, corner residential allotment with approved dual occupancy use.
- Strata possibilities— High growth corridor
- Dual water and electricity metres are already in place.
- 2 x Rock Star Tenants with excellent tenant conduct and payment histories.  Currently, both tenants are paying $480 per week, with a potential increase to $550 in the future.
- The strong capital growth makes it ideal for SMSF or investors who want a set-and-forget approach.

Each residence includes:
- Three spacious bedrooms with built-in wardrobes and ceiling fans
- Two modern bathrooms, including an ensuite in the master bedroom
- Split system Air-conditioning in each residence
- Contemporary kitchen with stone benchtops, quality gas appliances, and ample storage
- Open-plan living and dining areas with seamless indoor-outdoor flow
- Double lock-up garage for secure parking and additional storage
- Private, fully-fenced yard with low-maintenance landscaping

Prime Location for Strong Rental Demand
- Minutes to Town Square Redbank Plains Shopping Centre—Major retailers, supermarkets, and dining options
- Proximity to Schools—Sought-after primary and secondary schools within a short distance
- Easy Access to Transport & Highways—Quick connections to Ipswich, Springfield, and Brisbane CBD
- Nearby Parks & Recreation—Walking distance to green spaces, sports facilities, and community amenities

Maximise Your Investment Portfolio 

This duplex property offers the perfect combination of strong rental yield, minimal risk, and long-term growth potential. With the ability to rent both units separately the property is a high-performing asset in a booming rental market that shows no signs of slowing with the Brisbane Olympics on the horizon.

Opportunities like this are rare, so contact us today to submit your offers, as this one will have keen interest right out of the gate.

Please note that the property images depict a time prior to these tenants taking occupation; even though the internal condition is excellent, buyers should take the time to inspect the property and satisfy themselves over the condition. Ripley Real Estate makes no representation about a buyer's ability to split and strata the duplex or what costs may be associated; enquiries on this matter should be conducted via the Ipswich City Council. 

Rates: $1070.10 Net Per quarter 
BC—Not Established ($0) 

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