32 Park Street
Ipswich, QLD 4305

Overview

WHOLE UNIT BLOCK - TROPHY INVESTMENT.

This property presents a unique opportunity to acquire a complete block of six brick units, each featuring two bedrooms, situated on a single title. Currently, the property generates an annual rental income of $119,080, with significant potential for rental growth in the future. The entire block is positioned on a substantial land parcel measuring 1,265 square meters, making it an attractive prospect for future redevelopment while providing interim holding income.

Each unit within the block is fully self-contained, offering two well-sized bedrooms that provide comfortable living spaces. The units include spacious lounges that create a welcoming atmosphere, complemented by adequately sized kitchens and bathrooms to meet everyday needs. The design and layout of the units ensure functionality and convenience for tenants.

Additional features enhancing the property's appeal include undercover parking facilities, which provide secure and sheltered parking for residents. Shared laundry amenities are also available, promoting ease of use and efficiency for occupants. The block is situated in an elevated location, offering a vantage point that benefits from natural light and a pleasant environment.

Convenience is a key aspect of this investment, with the property located within easy reach of local shopping centers and public transport options. This accessibility adds to the desirability for tenants and supports the potential for sustained rental demand.

Overall, this block of units represents a trophy investment opportunity, combining steady income generation with the prospect of capital growth through redevelopment. It is well-suited for investors seeking a substantial asset in a strategic location with multiple avenues for value enhancement.

Location