OFF MARKET

25 Teape Street
Silkstone QLD 4304

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 68m2
Land area: 761m2
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Property Details for 25 Teape St, Silkstone

25 Teape St, Silkstone is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 761m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1930
Floor Size
68m2
Land Size
761m2
Local Government
Ipswich
Lot/Plan
1/RP221306

Last Listing description (October 2023)

A Rare Property & Rare Opportunity!

Charming Dual Living With Detached Granny Flat

What amazing street appeal! You are going fall in love with these gorgeous homes. These properties are on a 761m2* corner block and are a must to inspect for all investors looking to add to their portfolio, or a family with ageing parents or adult children who require their own space and independence. Your other option is to choose which beautiful home to live in and earn income from the other house.

The enchanting worker's cottage offers 2 bedrooms plus a study nook and separate bathroom and toilet. There is also a separate laundry off the eat-in kitchen. The delightful granny flat is only 3 years old and built using high quality materials. Simply stunning! Both homes have air-conditioning and ceiling fans, and are on a single title so there are no body corporate fees.

Rental appraisal is $830 per week ($420*/wk for 2 bed cottage & $410*/wk for the granny flat). Both properties would be easily rented at the best of times, let alone the current vacancy rate in Ipswich.

Each house is fully fenced with its own established gardens and a garden shed each for storage. There is a dividing fence for privacy between the houses, with each home having a separate entrance and driveway.

Teape Street is a great street with wonderful neighbours, many who have lived here for decades, adding to your peace of mind in this great suburb.

This opportunity allows plenty of room to add value to the already comfortable lifestyle. There is room to extend out the back and side verandah of the 2-bedroom cottage (STCA) with the possibility of making the original house a dual living situation from the laneway.

Silkstone is a premier suburb of Ipswich with close proximity to the centre of town, offering great schools, parks and amenities.

Join the booming Ipswich market offering local job security and commutable distance to the Brisbane CBD via public transport or approx. 30min* drive.

Call Claire today with any questions on 0431 891 341, alternatively we look forward to meeting you at our open for inspections.

* Approximately

Property History for 25 Teape St, Silkstone, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$730,000
09 Sep 2023
Listed for Rent
$400/w
19 Oct 2022
  • 09 Sep 2023
    Sold for $730,000
  • 28 Aug 2023
    Listed for Sale $719,000+
  • 07 Oct 2022
    Listed for Rent $400 / week
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About Silkstone 4304

The size of Silkstone is approximately 2 square kilometres. It has 7 parks covering nearly 7.6% of total area. The population of Silkstone in 2011 was 3,482 people. By 2016 the population was 3,473 showing a population decline of 0.3% in the area during that time. The predominant age group in Silkstone is 0-9 years. Households in Silkstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Silkstone work in a trades occupation. In 2011, 63.7% of the homes in Silkstone were owner-occupied compared with 64.2% in 2016.

Silkstone has 1,782 properties. Over the last 5 years, Houses in Silkstone have seen a 106.80% increase in median value, while Units have seen a 68.67% increase. As at 31 August 2024:

  • The median value for Houses in Silkstone is $622,118 while the median value for Units is $368,535.
  • Houses have a median rent of $480 while Units have a median rent of $330.
There are currently 14 properties listed for sale, and 8 properties listed for rent in Silkstone on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Silkstone.

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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.