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186-188 Brisbane Road
Booval QLD 4304

Bedrooms: 10
Bathrooms: 4
Car spaces: 6
Land area: 2586m2
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LARGE-SCALE CORNER SITE PRIME DEVELOPMENT OPPORTUNITY IN IPSWICH COUNCIL

Address: 186 Brisbane, 188 Brisbane & 2 Dudleigh St, Booval
These three properties together are on the market for the first time, this presents as an unmissable opportunity for a land developer, or forward-thinking investor ready to secure three sizeable, side-by-side allotments on three separate titles in one-line.
Occupying a significant corner block with main and side street access, the combined land size is 2586sqm and together the three allotments have over 42m frontage along Brisbane Road and 52m frontage on Dudleigh Street. The dual entry is a major benefit when it comes to future redevelopment planning.
All three blocks currently have tenanted properties on site which are returning a sound income over $1500 per week, and offer potential to improve these yields via rental increases. This is excellent guaranteed income for any land banker considering their next move or for new owners when entering planning phase with local council.
The two properties on Brisbane Road sit under a commercial zoning MC01S, whilst the property on Dudleigh Street is zoned RM03 medium density. This would enable (STCA), the construction of a large strata-titled mixed use or residential townhouse complex, a potential mid-rise apartment building, a full commercial offering, or even the option to host an aged care facility or medical centre.
The location is top tier being a few blocks from the established Booval Fair Shopping Centre and Aldi, next to the local Ampol petrol station, adjacent to The Good Guys retail outlet and a few minutes' walk from the big AnyTime Fitness centre and 500m from the Harvey Norman, homemaker complex and other commercial outlets including medical practice and chemists.
Public transportation is very accessible with two train stations within 5 minutes from the location and bus stops right at the doorstep. Bundamba Racecourse is nearby, along with sporting fields and parklands for recreation. The city centre of Ipswich and the suburbs offer excellent schools including UniSq and Ipswich Grammar.
Each of the houses on the blocks are in solid rentable condition and present as:
Dudleigh Street is a highset brick and weatherboard house that features a lower level with multi-purpose areas, rumpus, laundry and storage rooms, plus secure parking. Upstairs comprises three bedrooms, small study room, single bathroom and open-style lounge, dining and kitchen with front veranda.
186 Brisbane Road is a traditional brick render design with classical features including fireplace, timber framed windows, ornate cornices with high ceilings and timber floorboards. There are three bedrooms, one bathroom and two separate living areas with kitchen / dining combined.
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Property Details for 186-188 Brisbane Rd, Booval

186-188 Brisbane Rd, Booval is a 10 bedroom, 4 bathroom House with 6 parking spaces. The property has a land size of 2586m2. The place is currently for sale with Ray White Rochedale.

Building Type
House
Land Size
2586m2

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About Booval 4304

The size of Booval is approximately 1.7 square kilometres. It has 4 parks covering nearly 5.1% of total area. The population of Booval in 2011 was 2,687 people. By 2016 the population was 2,632 showing a population decline of 2.0% in the area during that time. The predominant age group in Booval is 40-49 years. Households in Booval are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Booval work in a labourer occupation. In 2011, 47.4% of the homes in Booval were owner-occupied compared with 45.3% in 2016.

Booval has 1,567 properties.

    There are currently 12 properties listed for sale, and 6 properties listed for rent in Booval on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Booval.

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    Christina Li
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    Ray White Rochedale
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