Modern, Near-New Townhouse in a Prime Growth Location

Offers Over $690,000

Townhouse real estate, Redbank Plains QLD

A High-Quality Investment with Strong Fundamentals

Positioned in the heart of the rapidly growing Redbank Plains precinct, this stylish two-year-old townhouse at 63 Watercress Blvd presents an outstanding opportunity for investors seeking strong returns, quality tenants, and long-term growth.
The property forms part of a well-maintained complex of 160+ modern townhouses, supported by an active Body Corporate, an onsite caretaker, and experienced onsite property managers who are available on site to ensure the complexand your investmentis consistently well looked after.

Property Features:
3 spacious bedrooms, including a master bedroom with ensuite
2 bathrooms, with the main bathroom featuring a bathtub
Two-storey design offering excellent separation of living and sleeping zones
Air-conditioning units to the upstairs landing, master bedroom, and downstairs living area
Contemporary open-plan kitchen and living, filled with natural light
Low-maintenance private courtyard, ideal for easy-care living
Only 2 years old, delivering modern finishes and minimal upkeep

Complex Amenities:
Shared swimming pool with a covered seating area
Ample visitor parking bays throughout the complex
Professional onsite management, providing peace of mind and proactive oversight

Investment Highlights:
Currently tenanted by excellent tenants who are keen to remain
Immediate rental income with no vacancy downtime
Strong rental demand in a high-growth, family-friendly location
Near-new construction within a well-run, low-maintenance complex

Location Benefits:
Mountview (with Woolworths) shopping centre next door, including a medical centre, cafs, and boutique shops
Staines Memorial College approx. 2 minutes drive
Fernbrook State School approx. 2 minutes drive
Shapes Early Learning Childcare facility next door
Centenary Motorway on-ramp approx. 5 minutes drive, offering easy access to Brisbane and Ipswich

This is a smart, low-stress investment in a suburb benefiting from strong infrastructure, lifestyle convenience, and ongoing growth.
While ideal for investors, the property would also suit an owner-occupier seeking a modern, low-maintenance home in a well-managed community.

Register to attend a scheduled OPEN HOME or contact us today for further information.

More Information

Property Overview

Category: Townhouse
Details: 3 2 1
Price: Offers Over $690,000
Area: 0m2

Property Features

Air Conditioned

Investment Information

Gross Return: $ 27000
_{How much does the property return in rent per year.}

Net Return: $ 24000
_{How much does the property return after all management expenses are deducted.}

Yield: 3.91%
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ (not disclosed)

Rates PA: $ 2000

Management Fee: 8%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}