$985,000

7 Bed  •  3 Bath  •  3 Car  •  607m²

Main view of Homely block of units listing, 5 South Street, Ipswich QLD 4305
Floorplan of Homely block of units listing, 5 South Street, Ipswich QLD 4305
Second view of Homely block of units listing, 5 South Street, Ipswich QLD 4305
+14

Sold

5 South Street, Ipswich QLD 4305

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$985,000

  • 7
  • 3
  • 3
  • 607m²

Block of Units Sold on Thu 19 Jun, 2025

What's around South Street

Block of Units description

“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.

Building details

Area: 607m²

Land details

Area: 607m²

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