The Queensland University has various business units operating from its Campus including UQ Health Care. This initiative and being so close to the hospital and medical precinct will drive demand for quality rental townhouses in this location about one kilometre from Ipswich CBD.

A Development Application has been approved over two blocks of 928m2 and 903m2 (total 1831m2) to build 12 x 2 bedroom, 2 bathroom townhouses and parking for 24 cars.

Be quick as the owners will one day be in a position to complete the project if it is not sold prior.

While you wait to commence building, you have a rental income from the house on the smaller block with a long term tenant in place. The land is flat, grassed and clear except for the house with a perfect northern orientation and views to Denmark Hill Conservation Park.

The house could easily be relocated to a vacant block of land or on sold for additional profit.

A terrific opportunity you should investigate.

Call me, Peter Ferrett, for plans and more information.