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Located in the rapidly growing and highly sought-after area of Redbank Plains, 122 Alawoona Street presents an exceptional opportunity for savvy investors. This well-maintained duplex features two separate units-Unit A with 3 bedrooms, 2 bathrooms, and 1 car accommodation, and Unit B with 2 bedrooms, 2 bathrooms, and 1 car accommodation-offering a fantastic dual-income investment.
Key Features:
Unit A:
- Spacious 3-Bedroom, 2-Bathroom Layout: Perfect for families or tenants seeking more space, Unit A features a generous open-plan living and dining area, creating a bright and airy feel throughout. The master bedroom includes a private ensuite, while the additional two bedrooms share a well-appointed main bathroom.
- Modern Kitchen: Equipped with quality appliances, ample storage, and a user-friendly layout, the kitchen is perfect for both everyday meals and entertaining guests.
- Secure & Low-Maintenance: The property features a low-maintenance yard with a private, fully fenced outdoor space. A single lock-up garage provides secure parking and additional storage.
- Air Conditioning: Stay comfortable year-round with air conditioning in the main living areas and bedrooms.
- Currently tenanted until 31st August 2025 at the level of $500 per week.
Unit B:
- Charming 2-Bedroom, 2-Bathroom Design: Ideal for couples, small families, or individuals seeking extra space, Unit B offers two spacious bedrooms-both with built-in wardrobes and the master featuring an ensuite. The second bathroom is conveniently located for guests or tenants.
- Contemporary Kitchen: The kitchen features modern appliances and plenty of storage space, seamlessly flowing into the open-plan living and dining area for maximum comfort.
- Private Outdoor Area: Unit B also benefits from a private, low-maintenance yard, perfect for tenants who enjoy outdoor living.
- 1 Car Accommodation: Single garage parking with internal access for added security and convenience.
- Currently tenanted until 3rd of November 2025 at the level of $415 per week.
Investment Highlights:
Dual Income Potential: With two fully self-contained units, this property offers an excellent rental yield, providing dual income streams from two separate tenants. Whether renting both units or living in one while renting the other, the potential for strong returns is substantial.
High Demand Location: Redbank Plains is a rapidly growing suburb with increasing demand for quality rental properties. The location provides easy access to schools, shopping centres, public transport, and major road networks, making it highly attractive to tenants.
Low Vacancy Rates: The area's growing infrastructure and family-friendly environment ensure high demand for rental properties, reducing the risk of vacancies and maximizing your return on investment.
Future Capital Growth: As Redbank Plains continues to expand and develop, this property is well-positioned for long-term capital growth, making it a sound investment choice.
Additional Features:
Air Conditioning: Climate-controlled living for tenants throughout the property.
Low-Maintenance Living: Well-maintained interiors and exteriors ensure a hassle-free investment.
Off-Street Parking: Each unit has its own dedicated garage with additional off-street parking options available for guests.
Why Invest in 122 Alawoona Street, Redbank Plains?
Dual-Income Potential: Two rental units in a high-demand area mean steady cash flow and minimal risk.
Growing Suburb: Redbank Plains is a thriving suburb with ongoing development and strong future growth potential.
Attractive to Tenants: Modern features, spacious living areas, and private outdoor spaces make these units highly appealing to prospective renters.
This duplex offers a fantastic opportunity for investors looking to secure a property in a rapidly developing area with solid rental returns and long-term growth potential.
Contact us today to arrange a private inspection and explore the full potential of this outstanding investment opportunity!
Disclaimer: The information provided herein is based on sources considered reliable, but it is strongly recommended to verify its accuracy independently. Harcourts Asset do not assume responsibility for any inaccuracies or errors in the information provided. Photos are for visual reference only and may not depict current conditions. This includes but is not limited to virtual staging and or furnishings depicted, item removal or photo editing for advertising purposes. Harcourts Asset strongly recommend visiting the property in person for an accurate assessment.