37 Waterworks Road North Ipswich, QLD 4305

Development Potential With Existing Return!
With 2 lots on a huge 2,251m2 block, this is an exciting opportunity in a prime location. Detached duplex applications have been lodged, however the owner's circumstances have unfortunately changed and this fantastic opportunity is available again.

There is a long term tenant in place paying $360/week. The property is located only minutes from Riverlink Shopping Centre and Ipswich CBD and is only 1km* the Warrego Highway providing convenient access to Brisbane and Toowoomba.

Potential development information:

• 2 lots
• Lodged DA for re-configuration to a hatchett block 1000m2 front block 1500m2 rear block - this would preserve front house as is with 2 houses at the back
• Another option is to lift, shift and re-stump the existing property onto one lot giving clear title on the second block - no contributions with this method
• This information is STCA. Development Consultant contactable for further information - please ask the agent for contact information

Property details:

• 4 large bedrooms
• 2.5 bathrooms
• 4 car spaces
• $360/week return
• Solid build
• Character features throughout
• High ceilings
• Exceptionally large bedrooms and living areas
• 2,251m2 block
• Large tin shed
• Green room
• Large usable space underneath house with separate toilet and shower - concreted
• Undercover BBQ area
• Lockable mechanic's pit

Area details:

• 1km* to Warrego Highway Access
• 3kms* to Riverlink Shopping Centre
• 4.5kms* to Ipswich CBD
• Close to major schools, shops and conveniences

*Approximate

Please do not hesitate to contact the agents to arrange your inspection.