OFF MARKET

8 Adam Street
One Mile QLD 4305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 723m2
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Property Details for 8 Adam St, One Mile

8 Adam St, One Mile is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 723m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1960
Floor Size
90m2
Land Size
723m2
Local Government
Ipswich
Lot/Plan
14/RP81517

Last Listing description (April 2024)

This perfect 3-bedroom home at 8 Adam Street, One Mile, stands as a prime example of untapped potential in a highly sought-after location. Nestled on an expansive 725m2 flood-free allotment, this property offers an exceptional value proposition for both first-time homebuyers and savvy investors.

Currently, this property is leased to long-term tenants who are paying $310 per week, with the lease set to conclude on February 28, 2024. This presents an attractive income stream for investors seeking a secure and reliable rental property.

Key Features:

-Spacious Three Bedrooms: This home boasts three generously sized bedrooms, providing ample space for a growing family or potential tenants.

-Timber Floorboards: The entire home features beautiful timber floorboards, adding warmth and character to the living spaces while also offering durability and easy maintenance.

-Large Flood-Free Allotment: Situated on a substantial 725m2 block, this property is unaffected by flooding, ensuring peace of mind during adverse weather conditions.

-Rear Yard Access: The property includes rear yard access, a valuable feature for those who require additional space for parking multiple vehicles, a caravan, or a boat. This accessibility adds to the versatility and appeal of the property.

8 Adam Street, One Mile, offers a golden opportunity to secure a well-maintained property with excellent income potential in a thriving neighbourhood. With a prime location, strong rental history, and room for further enhancement, this property represents a smart investment choice.

Don't miss out on the chance to own this valuable piece of real estate. Contact us today to arrange a private viewing and explore the potential that 8 Adam Street has to offer.

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.

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 8 Adam St, One Mile, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$426,880
16 Oct 2023
  • 16 Oct 2023
    Sold for $426,880
  • 09 Oct 2023
    Listed for Sale Offers Over $379,000
  • 06 Feb 2002
    Sold for $52,500
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About One Mile 4305

The size of One Mile is approximately 1.9 square kilometres. It has 10 parks covering nearly 19.2% of total area. The population of One Mile in 2011 was 1,992 people. By 2016 the population was 2,057 showing a population growth of 3.3% in the area during that time. The predominant age group in One Mile is 0-9 years. Households in One Mile are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in One Mile work in a labourer occupation. In 2011, 52.5% of the homes in One Mile were owner-occupied compared with 52.7% in 2016.

One Mile has 944 properties. Over the last 5 years, Houses in One Mile have seen a 126.86% increase in median value, while Units have seen a 86.37% increase. As at 31 October 2024:

  • The median value for Houses in One Mile is $559,044 while the median value for Units is $412,524.
  • Houses have a median rent of $450 while Units have a median rent of $260.
There are currently 7 properties listed for sale, and 4 properties listed for rent in One mile on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in One mile.

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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.