SOLD
Sold on 07 Jun 2024 for $700,000

4 Jacaranda Street
East Ipswich QLD 4305

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
Land area: 760m2
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Property Details for 4 Jacaranda St, East Ipswich

Building Type
Commercial
Floor Size
140m2
Land Size
760m2
Local Government
Ipswich
Lot/Plan
4/RP883309

Last Listing description (July 2024)

FULLY TENANTED - STAND ALONE FREEHOLD!

FULLY LEASED
OFFERING AN ATTRACTIVE RETURN

FLOOD FREE PARCEL

Clint Franke and Ray White Ipswich are pleased to present to the market 4 Jacaranda Street, East Ipswich

This investment opportunity has the following key highlights:

- Great exposure to passing traffic
- Fully leased premises
- Fixed 3% annual rent increases ensuring income growth
- Income: $55,953.12 pa* (as at April 2024)
- Outgoings pa: $11,500 pa *
- Land parcel: 761sqm approx.
- Zoning: Local Retail & Commercial

For more information or to arrange a site Inspection, please contact exclusive agent Clint Franke for further details.

(*approximately)

DISCLAIMER: Ray White Ipswich 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, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

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Property History for 4 Jacaranda St, East Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$700,000
07 Jun 2024
Listed for Rent
$368/w
20 Dec 2012
  • 07 Jun 2024
    Sold for $700,000
  • 04 Apr 2024
    Listed for Sale SOLD BY CLINT FRANKE
  • 05 Mar 2021
    Sold for $650,000
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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 1,210 properties. Over the last 5 years, Houses in East Ipswich have seen a 97.76% increase in median value, while Units have seen a 72.52% increase. As at 31 July 2024:

  • The median value for Houses in East Ipswich is $575,299 while the median value for Units is $382,388.
  • Houses have a median rent of $493 while Units have a median rent of $405.
There are currently 6 properties listed for sale, and 3 properties listed for rent in East ipswich on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in East ipswich.

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Clint Franke
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Ray White Ipswich
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