Over 9% Return FULLY Leased $102,180*/annum in CBD Precinct

With all of the hard work already done, this fantastic opportunity has a huge return and is ready to secure! The properties are located right in the CBD with easy access to all major conveniences (USQ University, major shopping centres eg. Coles and Riverlink and major transport corridors.)

There is immediate opportunity to improve and increase returns EVEN MORE on the front property, with a DA to convert the property into a 6 bedroom student accommodation dwelling.

The properties were snapped up by tenants being so close to everything - anything close to town is a must see - entering into a market with such huge growth forecasts is a smart move.

20a Moffatt St, Ipswich - FULLY LEASED
- Rooms never take long to fill and each are fitted with a bed, a small fridge and a desk
- 9 private rooms on 2 levels
- Each room is private and secure
- There is a living, dining, bathroom and kitchen facilities on each level
- It is fully approved to operate as a boarding house and has an approved management plan in place.

20 Moffatt St, Ipswich
- Renovations have just been completed - nothing left to do!
- DA approved for an additional 6 private rooms - approval active until 2020
- Currently 2 rooms leased separately $185/week, 3rd room on the market - only just been marketed after renovations
- Operational works are approved and completed
- Fully landscaped with council approved off-street parking facilities
- 3 bedrooms
- 1 bathroom
- 1 carport
- Large kitchen and living areas

Area details:
- Walking distance to USQ University
- 1.5kms** to Ipswich
- Easy access to bus stops and Ipswich Railway Station
- Easy access to major transport corridors for commuting if necessary

Please contact the agents for an Information Memorandum and to arrange your inspection.
Lisa Gill 0448 914 488
Amie Palmer 0407 799 442

*At full capacity

  • 12
  • 3
  • 8

$1M - $1.1M

Street Address 20 and 20A Moffatt Street
Town Ipswich & West Moreton
Property Type House

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