163 George St, Kippa-ring

Rarely available in a prime location is a solidly brick-built Duplex with double income attached. Welcome to 163 George Street, Kippa-Ring – a rare opportunity to secure a well-located 2 x 2 bedroom complex on a generous 617m² block in the heart of the Redcliffe Peninsula. Whether you're a savvy investor seeking solid returns or looking for an instant income to live in one and rent the other out, this property ticks all the boxes.

Each side of the duplex offers two comfortable bedrooms with built-in wardrobes, good size open living areas, spacious functional kitchens featuring electric cooktops. Each unit comes with their own bathroom which is practical and has the space to reconfigure if you choose.  

The added bonus of these units is the large laundry room at the rear of the property that has a divide and is perfect for extra storage.  

Garaging is not an issue here for your tenants as there is a double carport down one side of the complex and the backyards are open and spacious and have the potential to create courtyards for each one.

There is so much potential to modernize and upgrade this complex to grow your rental income.  With its location only 3 mins walk to shops, Kippa-Ring train station and public transport. You are in the hub of the Redcliffe Peninsula and its popular location.

Important information containing to this property are:

Electricity is individually metered

Both units are currently home to long standing tenants and they understand that they may have to move on.

Unit 1 returns $335 per week, and Unit 2 returns $375 per week, offering immediate rental income from day one. Both are on periodic leases, providing the flexibility to either continue as an investment or issue the required 60 days' notice for vacant possession and unlock the site's full potential. Last increase on rents was 14/03/2025

Water Rates aprox per Quarter $650.00 1 meter in total

Rates per Quarter are aprox $1005.00

More importantly this Duplex has never been offered for sale and is now available to you to purchase. Leisa Lowe is ready to show you through your new property just telephone her on 0438 801 298 to book your inspection.

Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty of representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries