Act quickly on this magnificent opportunity as the Ipswich property market is red hot and the values are going through the roof.

Affordable accommodation is hard to find as the rental market keeps increasing while the South East Queensland market gets stronger with each passing day. This “cash cow” represents not only an impressive return but also a “land banking” opportunity laden with development potential to magnify future return exponentially. The owners require more time for their family and are presenting you with an opportunity to capitalise on one of Ipswich’s best positioned boarding houses. Fully Certified and Accredited this opportunity will not last and you must hurry to secure this grand investment.

39 room boarding house comprising of two buildings
Building one has 28 bedrooms
Building two has 11 bedrooms
Average weekly rent is $125 per week
2488m2 of land
Approximately 600m from Ipswich centre
Approximately 600m from Ipswich central railway station
Approximately 600m from Ipswich general hospital
Elevated position near peak of Denmark Hill with views of the city
Caretaker lives on-site
Commercial grade kitchen and large common room
Potential to increase the GFA (add more rooms for higher return)
Very high demand accommodation
98 percent occupancy

Call now for more information.

Two buildings
39 rooms
Commercial kitchen
City views
2488m2 of land
Close to city
Handy rail
High demand
Extra GFA available