Sold
Last Asking Price - $400,000
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Units 1 & 2 / 6 Thorn Lane, Ipswich QLD 4305

House
422
Block size: 604 m² approx.

AUCTION - CBD LOCATION

• 450m to Ipswich General Hospital.
• 550m to St Andrews Private Hospital.
• Zoned Character Residential.
• Flat, flood free 604m2 block.
• Circa 1950.

• Unit 1 - fixed lease agreement 03/05/2023 - 02/05/2024, paying $240.00 per week.
• Unit 2 - periodic lease agreement (60 days' notice required for vacate), paying $260 per week.
• Combined income of $500.00 per week.
• Current land valuation $300,000.
• Ipswich city council rates are approx. $1,005.35 per quarter.
• One water meter. Two gas meters. Two power meters.
• Lot 7 RP66929

PLEASE REQUEST YOUR INFORMATION MEMORANDUM

The current state of the property will benefit from a renovation. Please speak to the agent for further information.

Option ONE: Position land bank, as is where is

Option TWO: Value add.
Conduct improvements for two targeted demographics - Upgrade the two existing units for medical staff tenants - OR - Convert the existing dwelling into one residential home.

Auction:
In-room at First National Action Realty Ipswich
48 Warwick Road Ipswich
Saturday 13/04/2024 at 10.30am

Property Access - Open for Inspection:
Wednesday 27th March 4.30pm to 5.00pm
Wednesday 3rd April 4.30pm to 5.00pm
Wednesday 10th April 4.30pm to 5.00pm
Saturday 13th April 9.30am to 10.00am

Why Ipswich?
Ipswich is the epicentre of residential growth, and the fastest growing city in Queensland!
This growth urgently requires properties. This is where you come in.
The city of Ipswich's diverse economy and growing population offer unparalleled opportunities. A current population base of 233,302 - with a projection to more than double over the next two decades.

2023 to 2027 in a snap shot

People -
11,500 new jobs for Ipswich (manufacturing, health care, construction)
2031 projection for number of residents 410,630
2041 projection for number of residents 557,649

Prosperity -
$6.5 billion in gross regional product

Location
Ipswich General hospital - 2 min / 450m
St. Andrews private hospital - 2 min / 550m
Nicholas street precinct - 5 min / 1.8km
Cunningham highway - 11 min / 6.5km
Centenary highway - 12 min / 7.5km
Warrego highway - 12 min / 7.5km

School drive times:
Ipswich Central State School - 2 min / 800m
USQ - 2min / 1.2km
Ipswich Girls' Grammar School - 3 min / 1.5km
Bremer State High School - 5 min / 2.3km
St Edmund's & St Mary's Colleges - 6 min / 2.6km
Ipswich Grammar School - 6 min / 3km


Disclaimer: first national action realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Helene Shephard to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
2
Garage Spaces:
2
Property type:
House
Block Size:
604 *

Other Details

First National Real Estate Action Realty Ipswich

Maps and area information

Block information
Block size: 604 (approx)
Block Map
No block information available
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Ipswich's suburb profile

Ipswich suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
45 years
Population
2,468
Listing ID: 182396249. This listing has been viewed 9 times. It was first displayed on 22/03/2024 and last updated on 16/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.