OFF MARKET

1307/11 Ellenborough Street
Ipswich QLD 4305

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 3285230m2
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Property Details for 1307/11 Ellenborough St, Ipswich

1307/11 Ellenborough St, Ipswich is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 3285230m2 and floor size of 59m2.

Building Type
Unit
Year Built
2007
Floor Size
59m2
Land Size
3285230m2
Local Government
Ipswich

Last Listing description (August 2023)

This contemporary unit nestled in the heart of Ipswich CBD is an ideal choice for both astute investors and homeowners seeking a simplified and downsized lifestyle.

Positioned within the Aspire Apartment Complex, this unit offers an impressive array of amenities to cater to your desires. Indulge in a 25-meter heated pool, a refreshing wading pool, a sun deck for relaxation, and a spa and sauna for ultimate rejuvenation. Keep fit in the fully equipped air-conditioned gym or gather with friends and family in the communal barbecue areas. For additional convenience, there is a meeting/theatre room complete with a kitchenette, and even a convenience store.

Moreover, the prime location of these units ensures easy access to a vibrant array of cafes, restaurants, shops, cinemas, banks, and transportation options, mere seconds away. Excellent schools and the Ipswich Hospital are also conveniently located within minutes. With the ongoing major redevelopment of the Ipswich City Mall, this inner-city area is poised for continuous growth and prosperity.

Inside the apartment, you will discover a spacious master bedroom featuring built-in wardrobes and air conditioning. Additionally, a separate study offers a practical space for work or hobbies. The fully equipped kitchen seamlessly connects to the air-conditioned living room and meals area, creating a harmonious living space.

Distinguished features of this property include:

Master bedroom with built-in cupboards
Air conditioning in the living area that is 9 kw so does the whole apartment
A separate study area
A modern kitchen with, stone benchtops, and soft-close drawers
The covered outdoor balcony, reveals a scenic southern view
Internal laundry facilities for added convenience
An intercom system to enhance security
A staffed reception providing assistance and peace of mind

This unit is currently owner-occupied but you can add it to part of the Oaks Hotel Rental Pool and generates a gross rental income of $1473 per month. Administrative costs and property management fees amount to $179 per month, while the Body Corporate fees are approximately $1329 per quarter. Rates and water charges are estimated at $402 and $324 per quarter, respectively. You could also rent it out through a lease at 380-400 Per week

Don't miss this exceptional opportunity to own a premium property in the heart of Ipswich CBD. Take action now to secure your own slice of luxury and convenience in this thriving area.

Property History for 1307/11 Ellenborough St, Ipswich, QLD 4305

A timeline of how this property has performed in the market
  • 22 May 2023
    Listed for Sale Offers over $299,000
  • 24 Feb 2021
    Listed for Sale $229,000

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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 1,743 properties. Over the last 5 years, Houses in Ipswich have seen a 106.46% increase in median value, while Units have seen a 105.23% increase. As at 31 October 2024:

  • The median value for Houses in Ipswich is $708,585 while the median value for Units is $459,280.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 13 properties listed for sale, and 13 properties listed for rent in Ipswich on OnTheHouse. According to CoreLogic's data, 74 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.