OFF MARKET

61 Cothill Road
Silkstone QLD 4304

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 88m2
Land area: 870m2
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Last updated 11 Nov 2024
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Property Details for 61 Cothill Rd, Silkstone

61 Cothill Rd, Silkstone is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1910. The property has a land size of 870m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
1910
Floor Size
88m2
Land Size
870m2
Local Government
Ipswich
Lot/Plan
9/RP24313

Last Listing description (July 2017)

This classically styled period family home sits on a level 870m2 block that can be easily & cost effectively sub-divided (subject to ICC approval) so that you can have the opportunity to have one or two income streams.
The existing home has a new roof & gutters, solar panels, new internal paint, floors, a new kitchen and bathroom, a large lounge & separate dining and large a/c master bedroom with a WIR. It is absolutely loaded with extras and is ready for you continue to rent it out or move in yourself at the end of the tenancy. This home is currently rented until September 2017 for $340 per week.
So either live in the home yourself and just keep the big back yard with an awesome 6m x 3m and 9m x 6m shed or you can build a second home in the rear for elderly parents or adult children and two generations of family can share the mortgage.

If you do decide to sub-divide the block you can either build a second home at the rear and rent them both out or sell them both and double your profits. The choices that this truly unique property offers you are endless and they are yours to make based on your personal circumstances.
This gorgeous family home is only a short drive to services including road and rail transport to Brisbane and Ipswich, Booval Fair Shopping Centre with its own Woolworths and numerous specialty stores as well as the East Ipswich State School, Sacred Heart Private Primary or Ipswich Boys and Girls Grammar Schools, St Edmunds and St Marys Private High School. There is also great proximity to other shops, doctors, dentists, all entertainment and sporting venues.
This property represents an opportunity for astute buyers to sub-divide this large block in one of the most sought after heritage locations in Ipswich and create a dual income stream or two sale opportunities. These large sub-dividable blocks are becoming harder and harder to find so you will need to act quickly or be prepared to be disappointed!
The home has great street appeal and loads of character and just like the huge block it can be adapted to suit your family or investment needs. Be quick to inspect before it is gone!
Most importantly, this picturesque family home and huge block has all the room you ll ever need and it has been priced to sell quickly at only $329,000.
Don t be disappointed Call me now I am waiting for your call.
Listing Agent: Steve Athanates
Don't be disappointed, call me now - I'm waiting for your call
First National Booval, Brassall, Ripley Valley & Karalee Prestige We ve Got Ipswich Covered!
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Property History for 61 Cothill Rd, Silkstone, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$315,000
02 Jun 2017
  • 02 Jun 2017
    Sold for $315,000
  • 24 May 2017
    Listed for Sale $329,000
  • 11 Sep 2009
    Sold for $260,000
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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 1,776 properties. Over the last 5 years, Houses in Silkstone have seen a 112.69% increase in median value, while Units have seen a 81.10% increase. As at 31 October 2024:

  • The median value for Houses in Silkstone is $635,208 while the median value for Units is $386,887.
  • Houses have a median rent of $500 while Units have a median rent of $230.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Silkstone on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Silkstone.

Suburb Insights for Silkstone 4304

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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.