349 Ipswich Rd, Annerley QLD 4103

Set on 761m2 with 20m street frontage and council zoning LMR2


This 3 bedroom Queenslander with enclosed verandas has been tastefully converted into 2 flats, giving you 2 rental yields of around $530 p/w combined. With 12 foot ceilings throughout and a large footprint, both the 1 bedroom and the 2 bedroom flats provide ample living space.


The home is situated towards the front of the block with ample side access to the large rear yard. Do your investigations on this one as there are lot of opportunities that are yet to be uncovered as the new town plan has just arrived. Additionally this former grand home could be raised and brought back to its former glory.


The 2 bedroom flat has a front porch/sunroom leading on to the enclosed side veranda that would be utilised as the dining area. 2 large bedrooms with high ceilings and a rear lounge room that opens out to the shady backyard. The kitchen is bright, clean and functional. Underneath has potential to be converted into a small garage or utility room alongside the existing shared laundry.


The 1 bedroom has large sleeping quarters and the enclosed front veranda could be your WIR or study area. Along the side of this dwelling is another room that is the dining area. This could be divided and converted into another bedroom. The spacious lounge area has the original fireplace that has been covered.

At a glance;
*761m2 LMR2
*20m street frontage
*Large Queenslander
*Huge backyard
*2 Rental incomes
*Great Potential to add value
*Close proximity to local amenities and 5km to the Brisbane CBD


With close proximity to the PA hospital, UQ, schools, shops and cafes' and sitting 5km from the Brisbane CBD. At 349 Ipswich Road you are only an 11 minute car ride or 20 minute bus ride into town for your daily commute. The S/E freeway is less than 1 km away giving you quick access to the CBD or the Gold Coast. This is a solid investment with affordable buying for investors, potential developers or those who just want land bank and hold on to some of Brisbane’s valuable land.
Be sure to view the property video to show you more info!!!!!



Contact Brendan Clarke on 0406764002 today for a private inspection or meet me at the next open.