8 Olga Street
Ipswich, QLD 4305

Overview

Flexible Inner-City Opportunity with Strong Income Potential

Located just a short distance from the Ipswich Central Business District, this charming home offers a flexible opportunity ideal for investors, renovators, or buyers seeking adaptable living arrangements. The property is situated on a 556 square meter block, providing ample space and a versatile floor plan that accommodates up to five bedrooms. This layout is well-suited for multi-occupancy living, room-by-room rental, or a spacious family home.

The interior features classic elements such as timber flooring and high ceilings, contributing to the character and appeal of the residence. The functional layout is ready for enhancement, with the kitchen and bathroom currently serviceable but offering clear potential for renovation and value addition over time.

Additional storage and utility space is available beneath the home, while the backyard presents plenty of room for further improvements or outdoor activities. The property benefits from a convenient location with strong rental demand, within walking distance to Ipswich City Mall, Ipswich Hospital, the train station, and various public transport options.

Key features of the property include:

• Zoned as Principal Centre
• 556 square meter allotment
• Established accommodation use with both short-term and long-term tenancy options
• Character building with polished timber floors, vertical joint walls, and ceilings approximately 3.2 meters high
• Concrete flooring underneath supported by brick stumps
• Five rooms, each equipped with reverse cycle air conditioning
• Large kitchen area and spacious open plan lounge and dining spaces
• Covered outdoor areas and a single lock-up garage

This property represents a valuable opportunity to generate immediate rental income, undertake renovations to capitalize on its potential, or secure a well-positioned asset with promising future growth prospects.

All measurements and details are approximate.

Location