SOLD
Sold on 13 May 2024 for $1,550,000

81 Chermside Road
East Ipswich QLD 4305

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 1032m2
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Property Details for 81 Chermside Rd, East Ipswich

Building Type
Commercial
Floor Size
120m2
Land Size
1032m2
Local Government
Ipswich
Lot/Plan
6/SL6436

Last Listing description (February 2021)

Don't miss the opportunity to purchase this exciting, high profile future development property.
Situated on one of the most well travelled intersections in Ipswich, this property has multiple office space and signage to rent.

The site is expansive, with 4 separate offices which include a long term real estate, 2 offices on the Brisbane Rd side, and the house facing Chermside Rd directly opposit to Ipswich Girls Grammar School. 2 x roof top signage and 2 massive sign boards 1 on Chermside Rd side and 1 on the Brisbane Rd side. Adding to the convenience there are 10 off road car park spaces.

Current income approximately $120,000 per annum. High occupancy rate all year round. Over 50,000 vehicles pass by weekly with waiting time at the lights for advertising advantages.

It's your choice. Purchase as an investment opportunity or develop this prize parcel of 1032m2 land.

Call June Frank 0423 426 942 for a welcomed inspection.

Property Code: 1269

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Property History for 81 Chermside Rd, East Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$1,550,000
13 May 2024
Listed for Rent
$6.71k/w
06 Jul 2020
  • 13 May 2024
    Sold for $1,550,000
  • 07 Nov 2019
    Sold for $1,015,000
  • 01 Aug 2019
    Listed for Sale $1,200,000
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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 1,205 properties. Over the last 5 years, Houses in East Ipswich have seen a 106.70% increase in median value, while Units have seen a 64.54% increase. As at 30 September 2024:

  • The median value for Houses in East Ipswich is $587,690 while the median value for Units is $375,049.
  • Houses have a median rent of $500 while Units have a median rent of $405.
There are currently 7 properties listed for sale, and 3 properties listed for rent in East ipswich on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in East ipswich.

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