227-229 Brisbane Street, Ipswich, QLD 4305 | Commercial for sale | OnTheHouse
 
FOR SALE
Offers Over $2,000,000

227-229 Brisbane Street
Ipswich QLD 4305

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 892m2
Land area: 806m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Ipswich Icon Investment - The "Old Flour Mill"

Positioned within Ipswich's tightly held Top of Town precinct, the Old Flour Mill at 227-229 Brisbane Street presents a rare opportunity to secure a fully leased, multi-tenanted commercial asset with strong underlying income and long-term upside.
Set across a prominent heritage-listed building, the property comprises of 19 tenancies spanning retail, commercial and residential uses, all currently leased, delivering immediate and diversified income from day one.
Key Investment Highlights:
• 19 tenancies - 100% occupancy
• Gross Income approx. $218,838 + GST
• Consistent 3% annual rent increases across multiple leases
• Diverse tenancy mix reducing reliance on any single occupant
• Multi-level building with lift access servicing the lower 3 levels
• Recent capital works completed (roof, stormwater, amenities, courtyard)
• High-exposure position within Ipswich CBD's "Top of Town" precinct
See More

Property Details for 227-229 Brisbane St, Ipswich

Building Type
Commercial
Floor Size
892m2
Land Size
806m2
Commute Calculator

About Ipswich 4305

The size of Ipswich is approximately 4.2 square kilometres. There are 11 parks, covering nearly 34.1% of the total area. The population of Ipswich in 2016 was 2459 people. By 2021 the population was 2468 showing a population growth of 0.4% in the area during that time. The predominant age group in Ipswich is 50-59 years. Households in Ipswich are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ipswich work in a professional occupation.In 2021, 41.70% of the homes in Ipswich were owner-occupied compared with 41.30% in 2016.

Ipswich has 1,762 properties. Over the last 5 years, Houses in Ipswich have seen a 108.53% increase in median value, while Units have seen a 170.26% increase. As at 31 August 2026:

  • The median value for Houses in Ipswich is $891,621 while the median value for Units is $645,820.
  • Houses have a median rent of $590 while Units have a median rent of $395.
There are currently 23 properties listed for sale, and 18 properties listed for rent in Ipswich on OnTheHouse. According to Cotality's data, 74 properties were sold in the past 12 months in Ipswich.

Ipswich Profile Page

Suburb Insights for Ipswich 4305

Visit Ipswich profile page
Market Insights
Ipswich Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Ipswich Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Ipswich profile page
Contact agent
agent headshot
Warren Ramsey
Show contact details
Call agent
agent headshot
Morrie Marsden
Show contact details
Call agent
Ray White Ipswich
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED