OFF MARKET

1 Darling Street E
Woodend QLD 4305

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Land area: 3323m2
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Property Details for 1 Darling St E, Woodend

Building Type
Land
Land Size
3323m2
Local Government
Ipswich
Lot/Plan
10/RP892007

Last Listing description (September 2023)

Colliers are pleased to present to the market a prime Ipswich CBD value-add, land bank or immediate development property located at 1 Darling Street East Woodend for sale via an Expression of Interest process.

This strategic 3,950m 2 lot amalgamation sits on the northern edge of South East Queensland western city centre. The property is improved with a substantial 2,200m industrial building producing passive holding income from two tenants with significant scope to improve the income potential through the repositioning the property.

The property has an approval for a multi-level commercial and apartment project and the draft of the new town plan further supports the city making importance of the site. With favourable zoning and attractive physical characteristics of the land this site presents an exceptional opportunity to capitalise on the current buoyant conditions or acquire a major CBD land bank with holding income.

Ipswich is a principal regional centre, which is strategically located 31* radial kilometres south west of Brisbane's CBD, in the highest growth area of South East Queensland. Traditionally a strong manufacturing and logistics base, the CBD provides essential services to a broad catchment area across the Western Corridor region. The property is surrounded by major employment nodes, high traffic retail centres, hospitality premises, Ipswich General and St Andrew's Private Hospitals including numerous medical and Government services enterprises.

The key investment attributes include:

3,950m 2 lot CBD land parcel
2,200m warehouse style building
Zoned CBD Primary Commercial
Significant reuse options for retail, commercial, hospitality uses
DA for major mixed use development project
Passing income with opportunity to significantly improve
Rare opportunity in tightly constrained prestige market

1 Darling Street East Woodend is offered for sale by Expressions of Interest closing 4:00pm, Thursday 21 September 2023. For further information please contact the exclusive marketing agent listed below.

*Approximate

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Property History for 1 Darling St E, Woodend, QLD 4305

A timeline of how this property has performed in the market
Last Transferred
$592,500
31 Mar 2021
  • 22 Aug 2023
    Listed for Sale Please contact agent
  • 31 Mar 2021
    Transferred for $592,500
  • 22 Sep 2013
    Listed for Sale AUCTION - 21ST SEPTEMBER 10AM

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About Woodend 4305

The size of Woodend is approximately 1.3 square kilometres. It has 5 parks covering nearly 16% of total area. The population of Woodend in 2011 was 1,535 people. By 2016 the population was 1,289 showing a population decline of 16.0% in the area during that time. The predominant age group in Woodend is 40-49 years. Households in Woodend are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woodend work in a professional occupation. In 2011, 63% of the homes in Woodend were owner-occupied compared with 65.2% in 2016.

Woodend has 710 properties. Over the last 5 years, Houses in Woodend have seen a 92.62% increase in median value, while Units have seen a 35.60% increase. As at 31 October 2024:

  • The median value for Houses in Woodend is $657,211 while the median value for Units is $285,825.
  • Houses have a median rent of $520 while Units have a median rent of $300.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Woodend on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Woodend.

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