The Property: Engineered for Modern Living PLEASE NOTE: This property is currently under construction. Images used are of a recently completed property of a similar design and finish by the same builder and are for illustrative purposes only. Currently under construction, this council-approved Co-Living Property is designed to meet the explosive demand for high-quality, private rental accommodation. Unlike a standard house, this property is custom-built to maximise both tenant privacy and investor returns. • Five Private Suites: Each of the 5 spacious bedrooms features its own private bathroom, kitchenette, and individual air conditioning. • Indoor-Outdoor Flow: Every suite includes private courtyard access, offering a level of autonomy rarely found in shared accommodation. • Premium Finishes: Step into a "turn-key" luxury environment with stone benchtops, high-end fixtures, and touchscreen electronic key card locks for seamless security. • Sustainable & Low Maintenance: A massive 13kW Solar System offsets communal energy costs, while the brick-veneer and Colorbond construction ensures longevity and minimal upkeep. • Optional Full Package: A comprehensive furniture package (from $22k inc GST) including 5 fridges, microwaves, TVs, beds, and laundry appliances—making it ready to lease the moment the keys are handed over. Location: The Heart of the Ipswich Growth Corridor Redbank Plains is a focal point for South East Queensland’s residential expansion. Positioned 30km from Brisbane, this property leverages the "synergy" of nearby Greater Springfield’s multi-billion dollar Health and Education Cities. Proximity from 54 Alawoona Street: • Redbank Plains Shopping Village: ~3 min drive (1.8km) • St Ann’s School & Local High Schools: ~2-4 min drive • Springfield Central (Mater Hospital & USQ): ~14 min drive • RAAF Base Amberley: ~20 min drive • Brisbane CBD: ~40 min drive Investment Structure & Strategy This is a rare Single Part Contract opportunity. Secure the property today with a deposit and pay nothing more until the estimated completion in August 2026. This structure is ideal for SMSF buyers as it meets strict compliance requirements for Super Fund borrowing without the need for progress payments. • SDA Potential: The 5-bed, 5-bath layout and high-spec design may be acceptable for SDA (Specialist Disability Accommodation) providers, offering potential for even further rental security. • Proven Management: While you are free to choose your own agency, a specialist management team with over a decade of experience in co-living is available to provide a seamless, passive investment experience. ________________________________________ Financial Summary Projected Income $2,150 per week ($111,800 p.a.) Estimated Yield ~8.0% Gross Contract Type Single Part (Settlement at Completion) Tax Benefits Maximum new-build depreciation available ________________________________________ Don’t miss this opportunity to secure a high-income asset in one of Queensland's fastest-growing regions. Contact us today for more information!
RealistIQ deal score
Good value signal
68
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 54 Alawoona Street, Redbank Plains before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $270,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $1,239,000 - $2,100,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,670,000
Market price guide$1,400,000
$1,239,000$2,100,000
Before you inspect, check what similar properties actually sold for.
