OFF MARKET

65 Nicholas Street
Ipswich QLD 4305

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 223m2
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Property Details for 65 Nicholas St, Ipswich

65 Nicholas St, Ipswich is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 223m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
1940
Floor Size
72m2
Land Size
223m2
Local Government
Ipswich
Lot/Plan
2/RP2865

Last Listing description (November 2017)

- Prime Ipswich CBD dress circle property consisting of 2 x 2 bed flats
- Stucco exterior with iron roof
- Secured with long-term tenants

- Dine-in kitchen area
- Original condition
- 223M2 Block
- Combined income of $460 per week
Every now and then you get a property that offers something unique to an astute buyer and you just know that the phones are going to ring off the hook. I think my latest property is that exact opportunity.
There are 2 x 2 bedroom flats on the one title, so no Body Corp Fees, with very long term tenants in place who have just resigned 2 (two) year leases. Each flat comprises of 2 bedrooms, lounge room, dine in kitchens and bathroom with the bonus of new hot water systems in both. The back flat has the additional bonus of the car port which is located on the side of the front flat.
Surrounded by local Professional offices, the potential is definitely here for you to convert the front flat into a Solicitors office or a Financial Planners office and still draw rent from the back flat. (Subject to all Council Approvals)
Now I am not going to pretend that these flats could definitely benefit from some TLC. However if you left your tenants in place for the term of their leases, it would give you plenty of time to research your next move while still drawing income.
Located on the rim of the Ipswich CBD, the property is within very easy walking distance to the local restaurants and speciality shops in the Ipswich Mall. The local RSL Club is just down the road and there is a bus stop around the corner.
If you are looking for a long term investment, then you need to ring and make an appointment to view this property for yourself.

Property History for 65 Nicholas St, Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$286,500
18 Sep 2017
  • 18 Sep 2017
    Sold for $286,500
  • 16 Jun 2017
    Listed for Sale $299,000
  • 15 Apr 2009
    Sold for $335,000
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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 1,752 properties.

    There are currently 19 properties listed for sale, and 24 properties listed for rent in Ipswich on OnTheHouse. According to CoreLogic's data, 57 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.