SOLD
Sold on 02 Jun 2024 for $555,000

62 Blackall Street
Basin Pocket QLD 4305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 62 Blackall St, Basin Pocket

62 Blackall St, Basin Pocket is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Basin Pocket in the last 12 months.

Building Type
House
Year Built
1940
Local Government
Ipswich
Lot/Plan
10/RP23973

Last Listing description (December 2023)

HIGH-DENSITY CBD ZONING - OUTSTANDING DEVELOPMENT OPPORTUNITY

The shortage of housing currently makes properties suitable for residential development highly attractive. This specific property is an excellent choice for residential development, as it's conveniently situated just a short walk from the Ipswich CBD. With its designation as RHD (CBD Residential High Density), the possibilities are extensive. This zoning permits building up to 6 levels, with the option for a commercial space on the ground floor. Given its closeness to the CBD and the efficiency in cost per unit, this property stands out as an attractive investment. The presence of an existing tenant guarantees immediate revenue as you plan your Development Application or explore other opportunities.

House Features:
Three bedrooms along with a spacious additional sleeping area

A large laminate kitchen opening onto an inviting covered patio
Separate dining area, extra toilet
Currently, a periodic lease generates $420 weekly

Property Details:
Size of 1,214 square meters
Zoned as RHD - CBD Residential High Density
Zoning Permits construction up to 6 stories high
No flood danger
Current DA pre-lodgment meeting with Ipswich City Council conducted
DA application can be taken over
Concept Plan done and sub-division is subject to council approval

Ideal Location: Only 50 meters from the Bus Stop, 850 meters to the Train Station, 600 meters from Ipswich East State School, and a pleasant 1600-meter stroll to Ipswich CBD via the scenic River Heart Parklands. Also, it's just a 3-minute drive to places like Riverlink Shopping Centre, CBD, Queens Park, Ipswich Girls Grammar, various dining options, and more. In addition, public and private hospitals, as well as private schools in the district, are within a 5-minute drive.

Interested in its substantial value? Contact us today!

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Property History for 62 Blackall St, Basin Pocket, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$555,000
02 Jun 2024
  • 13 Dec 2023
    Listed for Sale Price on Application
  • 17 Mar 2023
    Sold for $410,000
  • 03 Mar 2023
    Listed for Sale $450,000
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About Basin Pocket 4305

The size of Basin Pocket is approximately 0.6 square kilometres. It has 2 parks covering nearly 2.5% of total area. The population of Basin Pocket in 2011 was 860 people. By 2016 the population was 890 showing a population growth of 3.5% in the area during that time. The predominant age group in Basin Pocket is 20-29 years. Households in Basin Pocket are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Basin Pocket work in a trades occupation. In 2011, 61.8% of the homes in Basin Pocket were owner-occupied compared with 61.2% in 2016.

Basin Pocket has 443 properties. Over the last 5 years, Houses in Basin Pocket have seen a 100.72% increase in median value, while Units have seen a 74.13% increase. As at 30 November 2024:

  • The median value for Houses in Basin Pocket is $567,952 while the median value for Units is $492,233.
  • Houses have a median rent of $480.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Basin pocket on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Basin pocket.

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