SOLD
RECENT ADVICE
Sold on 09 Sep 2024 for $500,000

1302/11 Ellenborough Street
Ipswich QLD 4305

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 3285230m2
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Property Details for 1302/11 Ellenborough St, Ipswich

Building Type
Land
Land Size
3285230m2
Local Government
Ipswich

Last Listing description (October 2024)

PRIVATE INPSECTIONS ONLY

This property presents a compelling opportunity for investors and those seeking a low-maintenance lifestyle. Enjoy the convenience of on-site amenities like a pool, BBQ area, and gym. These well-maintained studio apartments boast a prime location in the Ipswich CBD, offering excellent rental potential.

Studio Apartments A & B (Level 13):

Combined rental return of $870.00 per week, delivering exceptional investor returns.
Modern, open-plan living areas with kitchen and dining space.
Studio A: Modern kitchen with stainless steel appliances, modern bathroom, brand new split system air conditioning.
Studio B: Modern kitchen with stainless steel appliances, modern bathroom, balcony, brand new split system air conditioning.

Additional Features:
Shared internal laundry facilities.
One designated car space.
Body Corporate contributions: Approximately $5,900 per annum.

Aspire Apartment Facilities and Amenities:
Residents enjoy exclusive access to a private recreation club featuring:
25-meter heated lap pool
Spa
Sauna
Air-conditioned gymnasium
Meeting room
BBQ areas
Entertaining decks
Private sun lounging areas
Security is ensured through:
Remote access
High-speed security lifts
CCTV and video surveillance
Intercom security access
Situated just 40 minutes' drive from Brisbane and an hour from the Gold Coast, Aspire offers unparalleled convenience:
City Mall, CBD, cinemas, shops, supermarkets, banks, restaurants all within a 5-minute walk
Medical facilities, hospitals, transport, schools, and churches nearby
Renowned educational institutions Ipswich Boys Grammar, St Edmunds, and St Marys College within walking distance
Scenic views of Ipswich's Bremer River and the revitalized River Heart precinct, featuring parklands, river boardwalks, walking/cycling paths, art installations, waterfalls, picnic/BBQ facilities, and more.
Easy access to Ipswich Hospital, Ipswich CBD, and other quality amenities.

Don't miss out on this exceptional investment opportunity! For more information or to arrange a private inspection, please contact Laney McQueen.

Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information 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. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Property History for 1302/11 Ellenborough St, Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$500,000
09 Sep 2024
  • 09 Sep 2024
    Sold for $500,000
  • 28 Jun 2024
    Listed for Sale ALL REASONABLE OFFERS CONSIDERED

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About Ipswich 4305

The size of Ipswich is approximately 4.2 square kilometres. It has 11 parks covering nearly 34.1% of total area. The population of Ipswich in 2011 was 2,536 people. By 2016 the population was 2,445 showing a population decline of 3.6% in the area during that time. The predominant age group in Ipswich is 40-49 years. Households in Ipswich are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ipswich work in a professional occupation. In 2011, 40.6% of the homes in Ipswich were owner-occupied compared with 41.3% in 2016.

Ipswich has 1,750 properties. Over the last 5 years, Houses in Ipswich have seen a 104.88% increase in median value, while Units have seen a 115.96% increase. As at 30 November 2024:

  • The median value for Houses in Ipswich is $699,560 while the median value for Units is $473,344.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 16 properties listed for sale, and 13 properties listed for rent in Ipswich on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Ipswich.

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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.