37 Pendragon Street

Raceview QLD 4305

The second unit provides a practical and low-maintenance living option ideal for couples or small families. The home features 2 bedrooms, 1 bathroom, open plan living with split system air conditioning, and a single car garage. The living area opens to a covered outdoor patio and private backyard, creating an inviting indoor-outdoor flow. Upstairs you will find one bedroom with built-in wardrobe and ceiling fan, while the master bedroom includes a built-in wardrobe, split system air conditioning, and convenient Jack-and-Jill access to the bathroom.

With a combined rental income of $930 per week, this property offers a solid return on investment. Furthermore, a rental appraisal indicates the potential for increased income, with unit 1 estimated at $530-$550 per week and unit 2 at $470-$490 per week, yielding a potential total income of $1,000-$1,040 per week.

Conveniently located within a short drive to Ipswich CBD, local schools, shopping centres, parks, and public transport, the property provides tenants with easy access to essential amenities while maintaining a quiet suburban lifestyle.

For the Investors:
Unit 1
Configuration: 3/2/1
Rent: $480pw
Last Rent Increase: 26/08/2025
End of Lease: 26/08/2026

Unit 2
Configuration: 2/1/1
Rent: $450pw
Last Rent Increase: 27/01/2026
End of Lease: 01/02/2027

Total
Combined Rent: $930pw
No Body Corporate Fees

Don't miss out on securing this versatile and income-generating asset in one of Ipswich's most sought after suburbs, offering immediate returns and strong future capital growth potential.

Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained 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 enquiries to verify the information contained in this advertisement.