Offers Over $849,000
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A & B/17 Lilium Street, Ripley QLD 4306

House
532
Block size: 392 m² approx.

INCREDIBLE INVESTMENT OPPORTUNITY WITH 5.2% YIELD OR TWO GENERATIONS CAN SHARE!

This immaculately presented dual key residence is the perfect solution for two generations of family that want to live together but still have their own privacy. You can share the mortgage, which would be super affordable for two families, and one generation can live in the four bedroom, two bathroom side and the second generation can live in the one bedroom, one bathroom side of the residence. It is effectively two homes joined together but on only one title, so there is only one lot of rates that the family unit can share.

Alternatively, for those looking to downsize from their current larger family home to something smaller you could live on one side and then rent out the other side for additional income. This option would not only provide the peace of mind of ongoing income but it would also provide security for the home if you were away on extended holidays.

For all the investors out there Unit A is tenanted until 19/08/2024 for $485 per week with a rental appraisal of $500 - $520 per week and Unit B is tenanted until 26/08/2024 for $335 per week. You can buy it today and not miss a single day's rent.

Apart from offering a total of five bedrooms, all with built-in robes, three bathrooms, there is also two designer look kitchens complete with stone bench tops, gas cooktops and dishwashers, two separate remote controlled garages (one for each unit) and two alfresco under roof pergolas that overlook private fully fenced yards that allow you to have secure space for children to play or pets to run.

This stunning dual key property is super low maintenance with brick construction, colour-bond roofing, full security, tiled halls and living areas as well as split system reverse cycle air conditioning to the living areas and master bedrooms for year round comfort. Unit A has the added extra of 6.6kW of solar!

It just doesn't get any better than this! You don't have to go through the frustration of designing and building them. You can either just move in at the end of the tenancies to start enjoying all these benefits or you buy them today and have the current amazing tenants pay off this amazing investment home for you!

The home is located on a 392m2 block in prestigious Ripley. The Ripley Valley is one of the fastest growing suburbs in the state with population expected to double in Greater Ipswich by 2031. This area is going to be one of the biggest hot spots for the future and the ideal place to raise your growing family.

This dual key residence is surrounded by other quality homes and is within easy distance of the Ripley Town Centre with its own Coles and associated specialty stores. It is just a short drive to the Providence Splash n Play Water Park and the Forty West Café and Bar, the Cunningham Highway for Brisbane commuters or those wanting to catch the electric rail at Dinmore. It is also only a ten minute drive for defence personnel at RAAF Base, Amberley.

You also have quick access to the Winston Glades Shopping Centre with its own IGA Supermarket and associated specialty stores the Yamanto Shopping Centre and Yamanto and Glades Taverns, as well as quick access to Brisbane, and Springfield's Orion Shopping Centre via the Centenary Highway extension.

The area is serviced by the Ripley Valley State School and Ripley Valley State Secondary College. There is also bus transport to a host of schools including St Edmunds and St Mary's Colleges, Ipswich Boys and Girls Grammar Schools and West Moreton Anglican College.

Ipswich Council Rates: $1,005 per quarter (subject to change)
Water Charges: $242 per quarter - plus consumption (subject to change)

This dual key is individually metered and water compliant meaning the tenants are charged full water consumption and there are NO body corporate fees!

There are way too many extras to list - so act now before someone else buys the perfect home for two families or savvy investors.

Most importantly, the owners have priced this exceptional dual key family residences realistically to sell quickly at offers over $849,000.

Listing agent: Steve Athanates

NGU Real Estate Ipswich - with Offices at Brassall, Ripley & Karalee We've got Ipswich covered!

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Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Features include: Air conditioning,Built in wardrobes,Dishwasher,Fully fenced,Lowset,Outdoor Entertaining,Remote Garage,Secure Parking,Security Screens,Solar panels,Heating,Ensuite

Inspections

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Key details

Bedrooms:
5
Bathrooms:
3
Garage Spaces:
2
Property type:
House
Block Size:
392 *

Other Details

NGU Real Estate Ipswich

Maps and area information

Block information
Block size: 392 (approx)
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Nearby sales

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We found 4 houses with 5 bedrooms that just sold near A & B/17 Lilium Street Ripley

Property history

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Ripley suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
31 years
Population
4,288
Listing ID: 182383278. This listing has been viewed 6 times. It was first displayed on 19/03/2024 and last updated on 26/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.