OFF MARKET

14 Merrell Street
East Ipswich QLD 4305

Bedrooms: 5
Bathrooms: 5
Car spaces: 5
Land area: 2023m2
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Property Details for 14 Merrell St, East Ipswich

14 Merrell St, East Ipswich is a 5 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Land Size
2023m2
Local Government
Ipswich
Lot/Plan
16/RP23731

Last Listing description (March 2023)

This Property is situated on a 2023m2 block consisting of 5 x 1 bedroom with built ins low set brick units each with separate bathroom and internal laundry facilities. Open plan kitchen, lounge/dining with split system air con and ceiling insulation.

They are on one title

No Body Corporate

Each unit has under cover car accommodation.

Each unit has its own power meter paid by tenant.

Water meter is for entire block and paid by the owner approx. $1289 per quarter

Land rates are approx. $1622.10 per quarter

Insurance approx. $4123.10 per annum

Rental income - all units are rented and currently returning $1120 per week or $58240 per annum

The property DID flood in 2011 about 600mm high in units all repaired under insurance.

However they DID NOT flood in 2013 or 2022

The units are in reasonable condition in side with all electric hot water and cooking facilities

Close to public transport short drive to Ipswich central.

Owners have had this property for a number of years and now selling this opportunity as retirement strategy.

Owners have now set a price for this opportunity.

For more information please contact me Jon on 0418 88 88 04

Disclaimer:
Realway Property Consultants has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, accuracies, omissions, or misstatements contained. Prospective Buyers are encouraged to make their own enquiries to verify the relevant information contained in this advertisement and obtain professional advice if necessary.

Realway Property Consultants, Ipswich Real Result Real Service

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Property History for 14 Merrell St, East Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$749,999
17 Jun 2022
Listed for Rent
$200/w
14 Oct 2011
  • 17 Jun 2022
    Sold for $749,999
  • 18 Mar 2022
    Listed for Sale Offers Over $795,000
  • 17 Apr 2018
    Listed for Rent $205 / week
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About East Ipswich 4305

The size of East Ipswich is approximately 1.7 square kilometres. It has 4 parks covering nearly 8.9% of total area. The population of East Ipswich in 2011 was 2,194 people. By 2016 the population was 2,391 showing a population growth of 9.0% in the area during that time. The predominant age group in East Ipswich is 10-19 years. Households in East Ipswich are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Ipswich work in a professional occupation. In 2011, 60.4% of the homes in East Ipswich were owner-occupied compared with 56.4% in 2016.

East Ipswich has 1,206 properties.

    There are currently 9 properties listed for sale, and 1 property listed for rent in East ipswich on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in East ipswich.

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