FOR SALE
$5,500,000

78 Brisbane Street & 41 East Street
Ipswich QLD 4305

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4276m2
Land area: 2200m2
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Repositioning Development Opportunity - Central Ipswich

RAY WHITE COMMERCIAL QLD ARE PLEASED TO EXCLUSIVELY PRESENT TO THE MARKET, 78 BRISBANE STREET & 41 EAST STREET, IPSWICH.
Located in the heart of the revitalised Ipswich CBD, these two commanding commercial retail opportunities are ideal for adaptive re-use or redevelopment.
Key attributes include:
• 78 Brisbane Street is strata titled allowing for the building to repurposed wholly or partially to suites suitable for professional, medical users and commercial and retail users.
• Adjoining 41 East Street could be redeveloped for additional car parking facilities.
• Properties are located in a prominent position in the heart of the Ipswich CBD within minutes walk to the Ipswich Hospital Campus, Medical Specialists Precinct, Ipswich Courts and Ipswich Railway Station.
• Surrounded by a number of new civic amenities including the $250 million Nicholas Street Precinct, which includes the Ipswich City Council Headquarters, Hoyts Cinema, food and beverage, libraries, and unique public spaces.
BUILDING DESCRIPTIONS:
78 BRISBANE STREET, IPSWICH
78 Brisbane Street is a seven (7) level retail/commercial building comprising 14 separate strata titled units, owned in one line, together with enclosed rooftop. The units range in size from 25m2* to 705m2* and are positioned on site of 1,391m2*. 78 Brisbane Street comprises a corner allotment and maintains high exposure street frontages to both Brisbane and East Streets.
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Property Details for 78 Brisbane Street & 41 East Street, Ipswich

Building Type
Commercial
Floor Size
4276m2
Land Size
2200m2

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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 1,749 properties. Over the last 5 years, Houses in Ipswich have seen a 104.88% increase in median value, while Units have seen a 115.96% increase. As at 30 November 2024:

  • The median value for Houses in Ipswich is $699,560 while the median value for Units is $473,344.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 15 properties listed for sale, and 13 properties listed for rent in Ipswich on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Ipswich.

Suburb Insights for Ipswich 4305

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John Dwyer
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Jason Hines
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.