55 Lustania Street, Newtown QLD 4305

This classically styled family home has been renovated to perfection; will suit the most fastidious of buyers and is located in one of Ipswich's most sought after suburbs. This awesome property is located on an elevated 1012m2 (quarter acre) block that slopes gently from the rear to the street so can be easily and cost effectively sub-divided (subject to Ipswich City Council approval) so that you can have the opportunity to have one or two income streams.

The existing home has been beautifully restored, has new adjustable stumps, near new paintwork inside and out, has a new kitchen finished in stainless and white, stainless steel appliances incl dishwasher and loads of cupboards and drawers. It has a renovated bathroom, two toilets, a fully air conditioned open plan dining, kitchen and lounge with huge air conditioner and large air conditioned master bedroom. It has all the trademark features of a home of this era with tongue and groove walls, high ceilings and sleep out and some feature lead lighting.

There are 3 carpeted bedrooms- the master complete with air conditioning and the front sunroom could be a study or office. There is a huge carpeted sunroom at the side of the home suitable for additional bedroom, living or a children's play area. The main bathroom is modern and stylish with shower, toilet and vanity and finished in modern colours, features tiling and quality fittings. There is a second toilet installed at the property for your convenience. Modern quality light fittings throughout, Solar HW for your convenience and a pot belly stove for those chilly winter nights and a water tank and pump to rear of carport.

This property is vacant and ready for you to live in or will be an easy renter for the investor. This home in this position and in its renovated appealing condition would rent for $310 to $320pw per week. Alternatively, you may decide to live in the home yourself and just keep the big back yard so that your kids and pets have loads of room to run and play. Some people may even choose to build a second home in the rear for elderly parents or adult children so that two generations of family can share the mortgage. There is room for a huge shed or the family pool, room for your boat, trailer or caravan and all can be housed inside the fully fenced yard.

If you do decide to sub-divide the block you can either build a second home at the rear and rent them both out or sell them both and double your profits. The choices that this truly unique property offers you are endless and they are yours to make based on your personal circumstances.

This is a gorgeous family home and has been very tastefully renovated by the current owner. It is only a short drive to services including road and rail transport to Brisbane and Ipswich, Booval Fair Shopping Centre with its own Woolworths and numerous specialty stores as well as the East Ipswich State School, Sacred Heart Private Primary or Ipswich Boys and Girls Grammar Schools, St Edmunds and St Marys Private High School, medical facilities, and sporting venues.

These large sub-dividable blocks that are situated close to the city centre are becoming harder and harder to find. The home has great street appeal and loads of character and just like the huge block it can be adapted to suit your family or investment needs.

This appealing family home and huge block ticks boxes for a variety of buyers. A family home with loads of room for the big boys and little boys toys, a great investment property to add to your rental portfolio or for the person who is looking for a property with development potential and initial income. It has been keenly priced to sell at only $349,000.

Absolutely nothing to do--- move in and enjoy or approve a tenant for an instant income.

First National Brassall and Ripley ValleyWe've Got Ipswich Covered!