OFF MARKET

22 Murphy Street
Ipswich QLD 4305

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Land area: 708m2
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Last updated 11 Nov 2024
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Property Details for 22 Murphy St, Ipswich

22 Murphy St, Ipswich is a 3 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 708m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Land Size
708m2
Local Government
Ipswich
Lot/Plan
3/RP2852

Last Listing description (April 2023)

SITUATED ON DENMARK HILL WITH VIEWS OVER IPSWICH CBD

6%+ YIELD - room to improve

250m WALK TO IPSWICH HOSPITAL

500M WALK TO IPSWICH CBD

WALK TO - WELL. EVERYTHING

ATTENTION!! SELF-FUNDED RETIREES & SELF-MANAGED SUPER FUNDS - INVESTORS - IDEAL INVESTMENT. RELIABLE INCOME STREAM WITH LOW OVERHEADS AND FABULOUS CAPITAL GROWTH POTENTIAL!

A fantastic investment property with 3 apartments currently returning $33,020 per annum

NO BODY CORPORATE FEES - SINGLE TITLE - 3 FLATS

708m2 Allotment
Premier Location
Each Flat comprises of:

* 1 bedroom
* 1 sleep out
* 1 lounge area
* Combined kitchen / dining area
* Laundry area
* Upstairs Unit
* 1 carport space
* Compliant Smoke Alarms

Unit 1 - $220 per week - Lease end 06.09.2023
Unit 2 - $210 per week - Lease end 16.05.2023
Unit 3 - $205 per week - Lease end 22.06.2023

This is a unique proposition in a premiere location, we are submitting, every offer for the owner's consideration.

IPSWICH CBD:
The vision was to establish the city centre as a highly sought-after retail leisure destination putting Ipswich squarely on the map with the council seizing the opportunity to act as a catalyst by relocating land, offices, and cultural and civic services to the city centre and delivering a new council administration building, libraries, civic plaza and more than 14,500sq m of landscaped public realm.
Heritage considerations were paramount through the redevelopment, with a key cultural link to Ipswich's past being the city's much-loved Commonwealth Hotel built in 1910 and proudly anchoring the redevelopment project.
The heritage faade of the grand hotel was meticulously restored and rebuilt by engineers and the hotel will continue to be revitalised after Aushotels signed on as the new operator of the pub.
With the vision now taking shape, more than 800 council employees have joined the already growing 16,000 strong CBD workforce and now call 1 Nicholas Street their primary place of work in an open plan office space with high spec tech and green thinking at its core.
At the entrance to 1 Nicholas Street is Tulmur Place, which in the Yagara Language of the three local First Nations groups is the word for the area that is called Ipswich, and is a fitting tribute to the civic square and community gathering place.
Now a digitally connected civic square, Tulmur Place is also home to two libraries including Australia's only standalone dedicated children's library, zero-depth water play area, performance stage, approximately 1000 car parking spaces and an active calendar of markets, events and live music.
The Nicholas Precinct was recently awarded the 2021 UDIA Qld Award for Excellence in Social and Community Infrastructure for Tulmur Place and the Ipswich Central Library.
With connectivity at its core, the precinct is 40 minutes from Brisbane, 60 minutes from the Gold Coast and centrally positioned next to the city's major train and bus networks.
Offering more than 20,000sqm of retail, restaurant and leisure space, and national brand names already signed on, the Nicholas Street Precinct is realising its vision to become Ipswich's leading entertainment and cultural destination.
The Urban Developer is proud to partner with the Ipswich City Council to deliver this article.

Disclaimer: Whilst all care has been taken in preparation, no responsibility is accepted for the accuracy of the information contained herein. All information (including but not limited to the property area, floor size, price, address & general property description) within this advertisement is provided as a convenience to you, and has been provided to Raine & Horne Ipswich by third parties. Interested persons are advised to make their own enquiries, seek legal advice, and satisfy themselves in all respects.

Property History for 22 Murphy St, Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$517,000
29 Mar 2023
Listed for Rent
$200/w
08 Jun 2021
  • 29 Mar 2023
    Sold for $517,000
  • 15 Mar 2023
    Listed for Sale $500,000 neg
  • 25 May 2021
    Listed for Rent $200 / week
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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.

Suburb Insights for Ipswich 4305

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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.