Phone enquiries - please call 1300 594 794 and quote property ID 41000.
3 Bed fully furnished residential complex
Positioned on the town's main thoroughfare, the site offers a diversified income stream with immediate proximity to the Brisbane Valley Rail Trail and Opposite the Esk Hospital.
91 Ipswich Street - 3* Residential Units
Configuration: Three 3-bedroom, 2-bathroom units with single lock-up garages.
Unit 1 rented at $550 per week
Unit 3 rented at $550 per week
Potential: Appraisal of approximate $550 per week for remaining unit which provides a estimated gross annual income of $85,800*.
Title: All units are currently on a single title with potential to strata title (STCA).
Features: Built circa 2004; individual electricity meters; large open-plan living areas.
Key Site Highlights
Location: Central Esk position with direct frontage to the main street and immediate access to the Brisbane Valley Rail Trail and Esk Hospital.
Tourism Context: Halfway point of the Rail Trail, which attracts approximately 50,000* riders per annum.
Connectivity: 50 minutes* to Ipswich, 60 minutes* to Toowoomba, and 80 minutes* to Brisbane CBD.
Location & Amenities
Brisbane Valley Rail Trail: Adjacent.
Esk Retail Precinct (IGA, Cafes, Post Office): Walking distance.
Esk State School & Somerset Civic Centre: Walking distance.
Esk Hospital: Walking distance.
The Opportunity
A high-yielding freehold investment. This can also be converted into an owner-occupier opportunity.
Positioned to capitalise on the limited accommodation supply in the growing Somerset Region and the increasing demand for short-term tourism stays along the Rail Trail.
*All potential uses are subject to council approval (STCA).
*Approximate measurements, boundaries, distances and information provided.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
