Redbank Plains QLD: house plus granny flat on 1,000m2, renting at $1,000 a week
Off market, on subdividable land, with two income streams. Secured at a strong price because we understood the sellers’ circumstances.
The brief
This investor specifically wanted properties with granny flats, for the combination of capital growth and rental yield that a second dwelling delivers. Good granny flat properties get snapped up fast, and the best ones trade quietly.
The purchase
We sourced this one off market: a renovated 3-bedroom house at the front with a fully self-contained 2-bedroom granny flat at the rear, sitting on over 1,000 square metres with subdivision potential. The sellers were going through a divorce and needed a clean, quiet sale, which let us negotiate a strong purchase price of $712,000.
Where it stands now
Purchased in April 2024 at $712,000, returning $1,000 per week combined. Desktop valuation of $840,000 in 2025, with the subdividable land banking a future option on top of the income.
This is an actual client purchase completed by Invision Property. Subdivision potential is subject to council approval. Valuations are desktop estimates at the stated date and past growth is not a prediction or guarantee of future performance. General information only, not financial advice.
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Fixed fee. 300+ properties purchased. Licensed QLD & VIC.
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