Redbank Plains

2 Hume Way

3 2 2 Land: 791 SQM

Offers Over 749K

INVESTOR OPPORTUNITY – CORNER BLOCK WITH FUTURE POTENTIAL

2 Hume Way, Redbank Plains – By Appointment Only

For investors looking for a property with an existing rental income, a secure tenancy and potential to add value over time, 2 Hume Way is well worth considering.

Positioned on a corner block in Redbank Plains, the property offers the opportunity to investigate a number of future options, subject to council approval and the relevant planning requirements.

The property is currently rented at $600 per week, with the tenancy in place until 2 February 2027. The current tenants are very happy with the home and have indicated they would be keen to remain long term, offering an investor the benefit of an established tenancy and ongoing rental income.

The corner position also creates the opportunity to investigate:
-Potential subdivision of the block, STCA
-Potential for a secondary dwelling, STCA
-Future improvements or redevelopment
-Holding the property as a long-term investment while exploring its future potential

The home provides a practical dual-level layout, with three bedrooms upstairs, open-plan living and dining, kitchen, bathroom and balconies. Downstairs includes a large double garage, second bathroom, rumpus area and two additional utility rooms.

Outside, the fully fenced yard includes a 3m x 3m garden shed and provides useful additional space.

Conveniently located close to Town Square Redbank Plains Shopping Centre, local schools, public transport and major road connections, the property offers the convenience tenants look for while providing investors with a location close to established amenities.

PROPERTY AT A GLANCE:
-Corner block
-$600 per week rental income
-Tenancy secured until 02/02/2027
-Current tenants happy in the property and interested in staying long term
-3 bedrooms
-2 bathrooms
-Dual-level floor plan
-Open-plan living and dining
-Large double garage
-Rumpus room
-Two additional utility rooms
-Fully fenced yard
-3m x 3m garden shed
-Potential subdivision – STCA
-Potential secondary dwelling – STCA
-Close to schools, shops, transport and major road links

INVESTOR NOTE: Any potential subdivision or secondary dwelling is subject to council approval, planning requirements and site-specific assessment. Interested parties should make their own enquiries with Ipswich City Council and obtain independent advice regarding any proposed development.

N.B. – PROPERTY IS CURRENTLY TENANTED AND PHOTOS HAVE BEEN EDITED FOR PRIVACY REASONS.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own inquiries. Stone Real Estate cannot be held responsible for providing prospective tenants with cancellation notices or other relevant information.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own inquiries. Stone Real Estate cannot be held responsible for providing prospective tenants with cancellation notices or other relevant information.

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