22 Murphy Street, Ipswich, QLD 4305

SITUATED ON DENMARK HILL WITH VIEWS OVER IPSWICH CBD

6%+ YIELD - room to improve

250m WALK TO IPSWICH HOSPITAL

500M WALK TO IPSWICH CBD

WALK TO - WELL…. EVERYTHING

ATTENTION!! SELF-FUNDED RETIREES & SELF-MANAGED SUPER FUNDS - INVESTORS - IDEAL INVESTMENT. RELIABLE INCOME STREAM WITH LOW OVERHEADS AND FABULOUS CAPITAL GROWTH POTENTIAL!

A fantastic investment property with 3 apartments currently returning $33,020 per annum

NO BODY CORPORATE FEES - SINGLE TITLE - 3 FLATS

708m2 Allotment

Premier Location

Each Flat comprises of:

* 1 bedroom

* 1 sleep out

* 1 lounge area

* Combined kitchen / dining area

* Laundry area

* Upstairs Unit

* 1 carport space

* Compliant Smoke Alarms

Unit 1 - $220 per week - Lease end 06.09.2023

Unit 2 - $210 per week - Lease end 16.05.2023

Unit 3 - $205 per week - Lease end 22.06.2023

This is a unique proposition in a premiere location, we are submitting, every offer for the owner's consideration.

IPSWICH CBD:

The vision was to establish the city centre as a highly sought-after retail leisure destination putting Ipswich squarely on the map with the council seizing the opportunity to act as a catalyst by relocating land, offices, and cultural and civic services to the city centre and delivering a new council administration building, libraries, civic plaza and more than 14,500sq m of landscaped public realm.

Heritage considerations were paramount through the redevelopment, with a key cultural link to Ipswich's past being the city's much-loved Commonwealth Hotel built in 1910 and proudly anchoring the redevelopment project.

The heritage façade of the grand hotel was meticulously restored and rebuilt by engineers and the hotel will continue to be revitalised after Aushotels signed on as the new operator of the pub.

With the vision now taking shape, more than 800 council employees have joined the already growing 16,000 strong CBD workforce and now call 1 Nicholas Street their primary place of work in an open plan office space with high spec tech and green thinking at its core.

At the entrance to 1 Nicholas Street is Tulmur Place, which in the Yagara Language of the three local First Nations groups is the word for the area that is called Ipswich, and is a fitting tribute to the civic square and community gathering place.

Now a digitally connected civic square, Tulmur Place is also home to two libraries including Australia's only standalone dedicated children's library, zero-depth water play area, performance stage, approximately 1000 car parking spaces and an active calendar of markets, events and live music.

The Nicholas Precinct was recently awarded the 2021 UDIA Qld Award for Excellence in Social and Community Infrastructure for Tulmur Place and the Ipswich Central Library.

With connectivity at its core, the precinct is 40 minutes from Brisbane, 60 minutes from the Gold Coast and centrally positioned next to the city's major train and bus networks.

Offering more than 20,000sqm of retail, restaurant and leisure space, and national brand names already signed on, the Nicholas Street Precinct is realising its vision to become Ipswich's leading entertainment and cultural destination.

The Urban Developer is proud to partner with the Ipswich City Council to deliver this article.

Disclaimer: Whilst all care has been taken in preparation, no responsibility is accepted for the accuracy of the information contained herein. All information (including but not limited to the property area, floor size, price, address & general property description) within this advertisement is provided as a convenience to you, and has been provided to Raine & Horne Ipswich by third parties. Interested persons are advised to make their own enquiries, seek legal advice, and satisfy themselves in all respects.