OFF MARKET

3 South Street
Ipswich QLD 4305

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 129m2
Land area: 1012m2
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Last updated 22 Jul 2024
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Property Details for 3 South St, Ipswich

3 South St, Ipswich is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1012m2 and floor size of 129m2.

Building Type
House
Floor Size
129m2
Land Size
1012m2
Local Government
Ipswich
Lot/Plan
31/I1615

Last Listing description (October 2022)

One-On-One Inspections are available for this property at a time to best suit you and your schedule.

A rare opportunity presents itself within Ipswich with massive development potential. Situated on a large 1012m2 allotment, the zoning of the property is CBD Residential High Density (Sub Area RHD01), which is intended to provide for high quality, high density, inner city housing in close proximity to the Central Business District.

The planning scheme envisages residential development up to 10 storeys in height, with some commercial uses such as eating establishments, boutique shopping or limited professional, financial and personal services potentially acceptable on the lower three floors, providing the building has a dominant residential component. This is an emerging district is right on the doorstep of Queens Park.

There is currently a Queenslander style home on the property offering 4 bedrooms and two bathrooms. This is offering a rental return of $360pw. The lease currently in place expires 24 November 2022 and current market value for rent is closer to $550 per week.

Inspections are available anytime, including evenings and weekends. To arrange yours, please contact us.

From all of us at Johnson Real Estate, we wish you every success in your search for your home. If you would like more detail on this home or to chat about one of the many other properties we have available please call or email us today.

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Property History for 3 South St, Ipswich, QLD 4305

A timeline of how this property has performed in the market
Listed for Rent
$360/w
18 Nov 2020
  • 31 Aug 2022
    Listed for Sale $1,100,000
  • 13 Sep 2019
    Listed for Rent $350 / week
  • 30 Jan 2018
    Listed for Rent $330 / 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 1,753 properties.

    There are currently 18 properties listed for sale, and 23 properties listed for rent in Ipswich on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Ipswich.

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