18 Folkes Cl, Bellbird Park is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 526m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Whether you are an astute investor looking for a strong rental yield with a vision for long-term capital growth, or an owner occupier wanting to eventually live on one side and continue to rent out the other for cash flow or utilise both, this duplex holds prime position with an outlook for opportunity.
Built in 2016 and sprawled across a level North facing 526m2 allotment, this freehold duplex offers easy access to both Brisbane via the Centenary Highway (M5), Ipswich via the Ipswich Motorway and Cunningham Highway (M7, M15).
With some of the western corridors best recreational facilities, shopping, and entertainment options right at your doorstep, it offers:
- 526m2 North Facing Allotment. Level and flood free. Quiet cul-de-sac location.
- Freehold title. No strata or body corporate fees etc
- 15 Minutes to Ipswich CBD. 30 Minutes to Brisbane CBD.
The Numbers:
Unit 1 (Right) - $480 per week lease until 31/03/2025. (Potential to achieve $490 - $530 per week)
Unit 2 (Left) - $325 per week lease until 31/07/2024.. (Potential to achieve $360 - $390 per week)
Total $41,860 per year rental income - 5.5%+ Rental Yield with option to increase
Unit 1 Offers:
- Four Bedrooms with split system A/C BIR and fans
- Two Bathrooms both with freestanding shower, vanity, and toilet
- Open plan main living, dining and kitchen bringing the family together
- L shaped kitchen with granite stone benchtop, appointed with European appliances including 4 burn freestanding cooktop and oven, rangehood, dishwasher and under and overhead panty space
- Secure single car garage with driveway, off street and on street parking options available
- Outdoor concrete entertainment area with yard space.
Unit 2 Offers:
- Main bedroom with split system A/C BIR and fans
- Bathroom with freestanding shower, vanity, and toilet servicing the main bedroom and remainder of the unit
- Functional 5.1m x 4.3m main living, dining area with block out blinds, fan and split system A/C
- No fuss kitchen with granite stone benchtop, appointed with European appliances including 4 burn freestanding cooktop and oven, rangehood, dishwasher and under and overhead panty space
- Secure single car garage with driveway, off street and on street parking options available
- Low maintenance concrete pebble-crete outdoor entertainment area
Walking distance to:
- Redbank Plains Town Square Shopping Centre - Keidges Road Bus Stop - Imaginarium Early Learning - Eden Brewhouse Restaurant - Redbank Plains Skate Park - Redbank Plains Library - Graham Carter Off-Leash Dog Park - Jones Road Reserve - Redbank Plains State High School - Jones Road Service Station - Augusta State School - Several Health Club and Fitness Centres - Edge Early Learning and many more local amenities.
Within 7 minutes to:
- Orion Shopping Centre - Robelle Domain Park and Lagoon - Brookwater Golf Club - Springfield Central Train Station - Multitude of Private Schooling Options - Mater Private and Future Public Hospital, University of Southern Queensland, and many more amenities with ease of access to Centenary Highway (M1, M2, M5, M7).
With the Olympic games in sight and a pandemic-driven lust for quality family homes, everyone wants to buy a home in Queensland's Southeast right now. This is the place to be, offering space, privacy, modern conveniences, and comforts with strong potential for capital growth.
Expression of Interest, Closing Thursday the 20th of June 2024 at 5:00 PM, if not SOLD prior.
For any further questions or queries, or to arrange for a private inspection, please call Moses Nguyen on 0433 397 801 or Reza Askari on 0460 923 536.
The size of Bellbird Park is approximately 6.5 square kilometres. There are 8 parks, covering nearly 2.3% of the total area. The population of Bellbird Park in 2016 was 6736 people. By 2021 the population was 9191 showing a population growth of 36.4% in the area during that time. The predominant age group in Bellbird Park is 30-39 years. Households in Bellbird Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellbird Park work in a professional occupation.In 2021, 54.40% of the homes in Bellbird Park were owner-occupied compared with 57.40% in 2016.
Bellbird Park has 4,285 properties. Over the last 5 years, Houses in Bellbird Park have seen a 122.06% increase in median value, while Units have seen a 203.60% increase. As at 31 May 2026:
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