Discover the perfect blend of location and potential in this 4-bedroom home situated in the heart of North Ipswich. Boasting a generous land area of 1,012m² with a wide frontage of approximately 20m, this property offers endless possibilities for both renovators, developers, and investors.
What sets this property apart is its incredible investment yield potential. Positioned within the CBD Residential High Density Zone under the current Ipswich Planning Scheme, it can accommodate developments up to 10 storeys high. Anticipated developments range from:
– Multiple dwellings (medium rise apartments)
– Multiple dwellings (high rise apartments)
– Multiple dwellings (6 – 8 Townhouses)
– Short term accommodation
– Community care centre
– Food and drink outlet
– Residential care facility
– Retirement facility
– Rooming accommodation
– Shop
– Childcare centre
Step inside to find a spacious internal floor-plan with a blank canvas to create an amazing investment with an excellent return. With four bedrooms, and multiple living areas, there’s ample space for everyone .
The location is second to none – just moments away from Riverlink Shopping Centre, public transport links, reputable schools and the bustling Ipswich City Centre. The convenience offered by this location ensures all amenities are within easy reach.
With so much space and potential on offer coupled with its prime location close to key amenities – this property is an opportunity too good to miss! The Property must be sold urgently offering an excellent opportunity for both developers and investors alike.
Offers End Date: 28th November 2023