FOR SALE
$1,200,000

3 Chelmsford Avenue
Ipswich QLD 4305

Bedrooms: -
Bathrooms: -
Car spaces: 14
Floor area: 295m2
Land area: 923m2
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MEDICAL DEVELOPMENT OPPORTUNITY

Clint Franke from Ray White Ipswich is proud to present an outstanding opportunity to acquire a versatile property at 3 Chelmsford Avenue, Ipswich. This fully leased two-bedroom Queenslander comes with a valuable Development Application (DA) approval for a five-room consulting medical practice. Perfectly positioned in a high-demand healthcare precinct, this property offers both immediate rental income and significant future development potential.
Current Configuration:
• Bedrooms: 2 spacious bedrooms with an additional sleep-out.
• Study: A dedicated study area perfect for home office use.
• Bathroom: 1 well-maintained bathroom.
• Storage: Lockable under-house storage, providing ample space for all your storage needs.
• Car Accommodation: One car accommodation on-site.
• Land Size: Generous 923 sqm block, offering ample space for future development.
The existing tenants ensure immediate rental income, making this property an attractive investment from the outset.
Development Approval:
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Property Details for 3 Chelmsford Ave, Ipswich

Building Type
Commercial
Floor Size
295m2
Land Size
923m2

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About Ipswich 4305

The size of Ipswich is approximately 4.2 square kilometres. It has 11 parks covering nearly 34.1% of total area. The population of Ipswich in 2011 was 2,536 people. By 2016 the population was 2,445 showing a population decline of 3.6% in the area during that time. The predominant age group in Ipswich is 40-49 years. Households in Ipswich are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ipswich work in a professional occupation. In 2011, 40.6% of the homes in Ipswich were owner-occupied compared with 41.3% in 2016.

Ipswich has 1,759 properties. Over the last 5 years, Houses in Ipswich have seen a 103.36% increase in median value, while Units have seen a 76.72% increase. As at 31 August 2024:

  • The median value for Houses in Ipswich is $687,681 while the median value for Units is $412,518.
  • Houses have a median rent of $478 while Units have a median rent of $350.
There are currently 17 properties listed for sale, and 23 properties listed for rent in Ipswich on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Ipswich.

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Clint Franke
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Ray White Ipswich
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