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- EXISTING DA TO RECONFIGURE 1 LOT INTO 3 LOTS
- ENORMOUS 2,243M2 BLOCK JUST 5 MINUTES FROM IPSWICH CBD
- 4 BED 2 BATH DWELLING (CURRENTLY CONFIGURED AS 2 FLATS)
- WILL YOU RECONFIGURE AND RENOVATE INTO A FAMILY HOME?
- U1 - RETURNING $300/WK UNTIL JAN 2019
- U2 - PREVIOUSLY RETURNED $260/WK

This generously-proportioned character home is set on a 2,243m2 block, located a remarkably short distance from the CBD of Ipswich. There are a number of different uses for this property - opportunities like this are few and far between, so don't miss out!

One possibility is to make use of the approved DA over the property, which is to split it into 3 lots while retaining the existing dwelling. The additional two lots could be built on to maximize the rental yield of the property, held against the prospect of future growth, or sold off for an immediate return.

As of today the dwelling is configured as two flats, each with two bedrooms, a bathroom and a sleepout. Unit 1 is currently rented for $300 per week until January 2019 (to the same tenant that has lived there for over two decades!), while Unit 2 is currently vacant and awaiting your...

Features :

General Features

  • Property Type: House
  • Bedrooms: 4
  • Bathrooms: 2
  • Land Size: 2243 m² (approx)

Outdoor Features

  • Carports: 1
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Price: $ $599,000