OFF MARKET

365 Ipswich Road
Annerley QLD 4103

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Land area: 860m2
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Property Details for 365 Ipswich Rd, Annerley

365 Ipswich Rd, Annerley is a 3 bedroom, 3 bathroom Unit with 1 parking spaces. The property has a land size of 860m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Land Size
860m2
Local Government
Brisbane
Lot/Plan
28/RP37970

Last Listing description (December 2022)

This 860m2 property in inner-city Annerley has the potential to be the perfect investment property! With DA approval in place to refurbish the current Colonial-style home from a block of three flats back to it's former glory, as well as adding two townhouses in the back! There is also the option to convert the 3 flats into 5 flats (subject to council approval), with plans available on request (already drawn up, but not submitted).

The DA approval will see an estimated rental return of $119,600 per year as follows:

- the current home turned into a 4 bedroom, 2 bathroom, 2 car Colonial home with estimated rental income of $800 per week;
- Two 3 bedroom, 2 bathroom, 2 car townhouses with an estimated rental return of $750 per week each.

About the Location:
- In the highly sought-after BSSSC school catchment
- Easy walk to Buranda Shopping Centre, cafs, Princess Alexandra Hospital, Dutton Park train station and bus stops
- 5km to the city via Ipswich Road
- Quick access to Mater hospitals & Queensland Children's Hospital via Annerley Road
- 5km to the CBD via Ipswich Road
- Be on the South East Freeway, or the Clem 7 tunnel within minutes

About the home:
- Good-size Colonial-style home on 860m2 currently offering 3 flats in original condition
- Spacious rooms
- Character features include VJ walls, plate rails, wall panelling, 12 ft ceilings

About the townhouse plans:
- 3 bed, 2 bath, 2 car (tandem) townhouses
- Private North-South orientation with possible city views

Whether you are looking for a prime development block or simply a character home to renovate and make your own, this property boasts unique features throughout, giving you a blank canvas to create something really special.

Contact Nick Bekker and Yani Bekker for more information.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

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Property History for 365 Ipswich Rd, Annerley, QLD 4103

A timeline of how this property has performed in the market
Last Sold
$1,150,000
01 Jul 2022
Listed for Rent
$185/w
21 Feb 2019
  • 01 Jul 2022
    Sold for $1,150,000
  • 01 Apr 2021
    Sold for $865,000
  • 29 Sep 2020
    Listed for Sale Contact Agent!
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About Annerley 4103

The size of Annerley is approximately 2.8 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Annerley in 2011 was 10,664 people. By 2016 the population was 11,349 showing a population growth of 6.4% in the area during that time. The predominant age group in Annerley is 20-29 years. Households in Annerley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annerley work in a professional occupation. In 2011, 44.6% of the homes in Annerley were owner-occupied compared with 42.9% in 2016.

Annerley has 6,429 properties. Over the last 5 years, Houses in Annerley have seen a 85.23% increase in median value, while Units have seen a 74.59% increase. As at 31 August 2024:

  • The median value for Houses in Annerley is $1,278,950 while the median value for Units is $646,021.
  • Houses have a median rent of $630 while Units have a median rent of $530.
There are currently 26 properties listed for sale, and 30 properties listed for rent in Annerley on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Annerley.

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