SOLD
Sold on 22 Nov 2023 for $750,000

93 Ipswich Street
Esk QLD 4312

Bedrooms: 7
Bathrooms: 2
Car spaces: -
Floor area: 2315m2
Land area: 2315m2
Save

Property Details for 93 Ipswich St, Esk

Building Type
Commercial
Year Built
1980
Floor Size
2315m2
Land Size
2315m2
Local Government
Somerset Regional
Lot/Plan
5/RP218813

Last Listing description (January 2024)

LAND, BULDING AND BUSINESS - FREEHOLD

This investment opportunity combines land, buildings, and the potential to run a business in the heart of Esk. This freehold property offers a wide array of possibilities for astute investors. Nestled on half an acre, it strategically occupies a prime location on the town's main street, right next to the Brisbane Valley Rail Trail.

Key Features:

Motel:
Five well-appointed motel rooms, each with a private carport
Split air conditioning for personalized climate control
En-suite bathrooms in every room
Flat-screen TVs for in-room entertainment
Convenient in-room work desk for guests
Harnessing solar energy with a 6kw solar electricity system powered by 18 panels
Environmentally friendly solar hot water system (x2)

Residential Unit:
A generously sized 2-bedroom residential residence
Polished wooden floors throughout
Fully equipped commercial kitchen for culinary enthusiasts
An inviting living area with ample space for relaxation
Ducted air conditioning ensuring a comfortable climate year-round
Separate office space for work or leisure
Covered carport providing secure parking
Additional storage shed for your convenience

Property Highlights:

This property not only presents an opportunity to operate a motel business but also includes a comfortable 2-bedroom residence.

The communal swimming pool elevates the guest experience, making this an appealing choice for travellers exploring the Brisbane Valley Rail Trail. Esk enjoys a steady influx of drive-through visitors and is a hotbed for cycling enthusiasts and hikers, resulting in a consistently high demand for accommodation. Moreover, the property is conveniently positioned within walking distance of cafes, shops, the hotel, and the post office.

Invest in this versatile property that offers the potential to operate a thriving business alongside comfortable living quarters. Contact Sean O'Connor - 0412 038 117 now to schedule a viewing and discover the unique investment opportunities awaiting you in Esk's charming community.

This property is being auctioned on site
Date = TBA
All reasonable offers prior to auction will be considered!

Property History for 93 Ipswich St, Esk, QLD 4312

A timeline of how this property has performed in the market
Last Sold
$750,000
22 Nov 2023
  • 22 Nov 2023
    Sold for $750,000
  • 23 Dec 2016
    Listed for Sale Price Upon Aplication
  • 10 Mar 2015
    Sold for $500,000
Sign in to see more transactions

Commute Calculator

About Esk 4312

The size of Esk is approximately 59.6 square kilometres. It has 5 parks covering nearly 0.5% of total area. The population of Esk in 2011 was 1,755 people. By 2016 the population was 1,681 showing a population decline of 4.2% in the area during that time. The predominant age group in Esk is 60-69 years. Households in Esk are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Esk work in a labourer occupation. In 2011, 73.1% of the homes in Esk were owner-occupied compared with 70% in 2016.

Esk has 1,080 properties. Over the last 5 years, Houses in Esk have seen a 99.45% increase in median value, while Units have seen a 95.92% increase. As at 30 September 2024:

  • The median value for Houses in Esk is $562,908 while the median value for Units is $342,298.
  • Houses have a median rent of $440.
There are currently 16 properties listed for sale, and no properties listed for rent in Esk on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Esk.

Suburb Insights for Esk 4312

Market Insights
Esk Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Esk Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Sean O'Connor
Show contact details
Ray White Lowood
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.