Sit down and do the math, you don’t need me to tell you this one actually makes sense! A quote* to construct 2 storey, 3 bed en suited duplexes to suit the block came back at $330,000 turnkey per duplex! This includes a single lock up garage and air conditioning to the master bedroom and living room. Giving you a total of 4 units, each rent appraised at $310 p/wk, that’s a whopping $1,240 weekly income!

The 850sqm block is zoned Character Housing Medium Density (CHM), supports up to 4 units on the land and the Ipswich City Council is highly supportive of developments in the area. As you take a drive around you will see numerous new developments being constructed.

850sqm corner block zoned CHM
Suitable for up to 4 units
Huge potential rent income
Flat & level & completely flood free
Walking distance to all amenities
50m frontage to Shine St – 17m frontage to Woodford St
*details of quote can be provided, building company ready to jump on board!