15-17 Pine Street, North Ipswich, QLD 4305
- 5
- 2
- 3
Sold
Sold for $1,175,000 on Jan 24, 2024
TWO ADJOINING SITES - 1618m2 - 'CBD RES HIGH DENSITY (MIXED USE)' ZONING
IN THE HEART OF BRISBANE'S GROWTH AREA,"IPSWICH" - SITES COME WITH 'CBD RES HIGH DENSITY (MIXED USE)' ZONING - both sites 809sqm* each
15 & 17 Pine Street, North Ipswich, Brisbane Qld 4305
- Two adjoining potential development sites offered "For Sale" together or separately.
- Combined site area of 1,618sqm approx
- 40 meter frontage to Pine Street approx
- Located only 1.3 kilometres* from the Ipswich Health & Hospital precincts and less than 1 kilometre* from the Ipswich CBD and adjacent to the Riverlink Shopping Centre precinct
- Outstanding Public Transport connectivity between Brisbane CBD & Ipswich CBD.
- Current passive income from the two individual residential properties, whilst you explore development opportunities
- Positioned in the coveted "CBD Res High Density (Mixed Use)" zone. Zoning allows for up to 10 storeys, blending commercial ventures on the lower floors and high-quality residential spaces above (STCA)
Ipswich - A City on the Rise!
Ipswich is rapidly becoming the most attractive, affordable, and accessible city in South East Queensland. With over 6,000 new residents annually and a projected growth rate of 170% by 2041, Ipswich is a hidden gem on the national road network. Connected to major highways and motorways, with convenient access to train stations in Ipswich Central and Springfield, this city is poised for remarkable development.
Defence Presence:
Home to RAAF Base Amberley, Australia's largest air force base and a major employer with approximately 5,000 employees. Ipswich's defence industry accounts for a substantial portion of exports, playing a pivotal role in the region's economic success.
Health Hub:
Ipswich is emerging as a first-class health hub, attracting substantial investments from private and public sectors and allied health services.
Transport and Logistics:
A major warehousing and logistics hub, Ipswich's central location and robust infrastructure connect to highways, the Port of Brisbane, and Brisbane Airport, presenting a regional advantage for continued industry growth.
Thriving Manufacturing:
Ipswich boasts a long and proud manufacturing history. Today, its modern manufacturing industry contributes significantly to the Queensland economy, generating more than half of the total exports and creating over 2,400 full-time jobs.
Why Invest?
Ipswich's exponential growth as a health, logistics, defence, and manufacturing hub.
Exceptional combined returns from both properties.
Diverse income streams and development possibilities with mixed-use zoning.
15 Pine Street (Lot 521 I 122423):
809m2 allotment with charming character home.
3 bedrooms, air conditioning, and convertible sunroom.
Timber flooring, front verandah, and dual-use entertaining area.
17 Pine Street (Lot 520 I 122423):
809m2 allotment with 2-bedroom home and spacious sleepout.
Charming verandah, functional kitchen, and rear access
Contact Richard Bird or Des Besanko for more details or to schedule a site visit. Invest in Ipswich's bright future today!
Raine & Horne Ipswich 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. Prospective buyers should make their own enquiries to verify the information contained in this advertisement
Richard Bird
Sales Partner
Des Besanko
Managing Director
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L25712626
- Property Type:House
- Garages:3
- Land Area:1618 sqm
We Know Your Area
R&H Suburb Profile: North Ipswich
R&H Suburb Summary | Houses |
---|---|
Number of sales | 113 |
Average Price | $601,499 |
Median Price | $600,000 |
Median Rental Price | $480 p.w. |
Change in Rental Rate (5yr) | 60 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 4 |
Average Price | $497,500 |
Median Price | $259,000 |
Median Rental Price | $360 p.w. |
Change in Rental Rate (5yr) | 43 % |
Median Trend - $600,000
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