27a and 27b Orana Street REDBANK PLAINS, QLD 4301

Sold for $590,000 on 13 Mar 2017
  • 6 Beds
  • 4 Baths
  • 2 Cars

Sold By

  • Loading...

SOLD by Jason Lamborne

  • 6 Beds
  • 4 Baths
  • 2 Cars

What a rare find to be able to purchase a duplex site with two good sized homes side by side. As both homes are on the one title you have one rates bill and NO body corporate, so they are a great buy and a perfect addition to your investment portfolio. Both homes are metered separately so splitting them into two separate strata titled homes can be done *STCA.

There are 3 large bedrooms including an ensuite to the master bedroom. There is a also a good sized main bathroom for family convenience with separate toilet and separate laundry. Open plan tiled living and dining rooms with Designer Kitchen to suit even the fussiest cook. Outdoor Covered Patio to enjoy your own private back yard plus a separate tiled, open entertainment area for extra space. Each home is approx 187sqm in under roof area + a the extra courtyard area, see attached floor plan. There is an attached single lock up garage with remote and space for a second car off street, if needed. Each home comes with 2 air conditioners, security screens and vertical blinds. There is also a rainwater tank and further off street parking.

Excellent Investment with Positive Growth Potential - built approx 2010/2011 showing an excellent return. The property is situated at the end of the street so you get no passing traffic which makes for a very peaceful setting. The allotment is situated up high to capture the views from the rear covered patio.

Both homes have separate power meters and are NBN ready (super fast internet).

Lease details:
Please note that the current rental appraisal for both homes is $335 per week, so once leases are renewed you should be able to achieve $34,840 annual income (5.9% return, plus capital growth).
Outgoings details below:
Approximately $3,100 for council rates for both homes.
Approximately $2,000 for water & sewerage (plus water useage normally paid by tenants) for both homes.

With schools in every direction plus shops & rail within a 5 minutes radius, this is the perfect location. Contact us today to arrange your private inspection.

*Subject to council approval

  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport



2 garage spaces







Do you want to find out more about this suburb? Enter your details to receive a free comprehensive suburb report.

Get your suburb report