In the last financial year the inner Ipswich suburb of East Ipswich has experienced a 15.9% rise in the median sales price. The reasons behind this increase are long and varied but feedback from the market has been predominantly for its proximity to the Ipswich CBD, established infrastructure, proximity to amenities and both public and private schooling institutions. The other main driver has been because East Ipswich still has big old colonial homes on large parcels of land.

So if that is what you are after then 6 Cotton Street, is a must to inspect. This 3 bedroom, 2 sleep out property has numerous living areas and also has the added benefit of being recently raised and re-stumped.

This property now has the potential to add value to it straight away by utilising the large open space underneath the home for further development or lifestyle options. Upstairs there are 3 large built in bedrooms with separate lounge and dining rooms. The dining room is off the kitchen and is serviced by a new reverse cycle split system air conditioner.

The other unique aspect of this home is that while its street appeal is that of a colonial home, internally it has a number of art deco features, with intricate ceiling detail and solid timber archways and room dividers which are quite unique.

Extensive landscaping has been undertaken on the property and the back yard has a great gazebo in the corner and a new 5,000L rain water tank with pump has recently been installed to help maintain the aesthetic of the gardens.

Unfortunately for my clients this property no longer suits their requirements; they purchased the home quite some time ago and have added considerable value to it. They have recently had it externally painted as well as insulating the ceiling with the intention of enclosing underneath and remaining in the property for many years to come. However, their family situation has now made that untenable and it is with regret that they have placed the property on the market.

So if you wish to buy into one of Ipswichs fastest growing inner city locations, then this property must be added to your inspection list. For a personal inspection of the property phone Trent Quinn at the Professionals Ipswich on 0401 907 878 or email trentthorntons.net.au

Statistics courtesy of the REIQ

AT A GLANCE:
Address: 6 Cotton Street, East Ipswich.
Features: 3 built in bedrooms plus 2 sleep outs, recently raised and restumped potential to build in underneath, great location on 809sqm.
Price: $369, 000
Enquiries: Trent Quinn at Professionals Ipswich
Phone: 0401 907 878 or 3813 9907