Back 5 South St
Off Market

5 South St

Ipswich QLD 4305

7
3
3
607 m²
607 m²
Block of units
Last sold for $985,000
Glenn BallGlenn Ball, last sold this property on 18 June 2025 after 22 days on market.

Overview

Triple the Potential in the Heart of the Ipswich CBD! - OFFERS PENDING

Here's a rare opportunity that's all about flexibility, location, and serious future upside. Whether you're looking to live in, invest, or explore commercial possibilities (subject to council approval, of course), this unique trio of units positioned right in the heart of the Ipswich medical precinct ticks a lot of boxes. The Breakdown: • Unit 1 - Vacant and Ready to Move In! Previously owner-occupied, this double-storey gem offers 3 bedrooms plus a study, 1 bathroom with separate toilet, and both a front patio and a private rear balcony for morning coffees or afternoon unwinds. Internal access from the single lock-up garage adds everyday convenience. Perfect for an owner-occupier looking to live onsite while generating income from the other two units, or ideal for a smart investor who knows the value of proximity to hospitals and CBD amenities. • Unit 2 - Tenanted Until March 2026 A neat and tidy single-level unit featuring 2 bedrooms, 1 bathroom, a front patio, and its own garage. Currently returning $250/week with a secure tenant in place and last rental increase as recent as March 2024. • Unit 3 - Also Tenanted Until March 2026 Another well-kept 2-bedroom, 1-bathroom home with internal garage access, front patio, and easy, single-level living. Currently bringing in $280/week - also with its rental increase in March 2024. All up, that's: • 7 Bedrooms | 3 Bathrooms | 3 Garages • Solid rental income from two long-term tenants • Room to move into Unit 1 or lease it out for more returns Why You'll Love It: Prime Ipswich CBD Location - You're literally walking distance to St Andrews Hospital, Ipswich Hospital, shops, cafes, day-cares, parks and public transport. This is as central as it gets. Medical Precinct Zoning - Set on land zoned CBD Primary Commercial, this location is ideal for medical professionals or allied health specialists (STCA). Think consulting suites, offices, or even a boutique clinic. Future Flexibility - Whether you're looking to hold as a high-yielding investment, occupy part or all, or develop something special down the track, this is a location that keeps its options (and value) open. Opportunities like this don't come along every day - especially in such a high-demand, high-growth pocket of Ipswich. DISCLAIMER: First National Action Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

7 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
607 m² floor area
607 m² lot size
Block of units

Estimated Value

We need at least 3 similar 7 bedroom block of units sold in Ipswich over the last 12 months.

Property history for 5 South St

2025
Sold
$985,000
18 Jun 2025 by Glenn Ball, of First National Action Realty Ipswich
2018
Sold
$500,000
08 Feb 2018

Happy sellers in Ipswich

94%
94% of sellers in Ipswich reported that their sale price either exceeded or met their price expectations.

Ipswich stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Ipswich over the last 12 months.

Local market activity for 7 bedroom block of units in Ipswich

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