631 Ipswich Rd, Annerley is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1940. While the property is not currently for sale or for rent, it was last sold in September 2023.
Explore the impressive possibilities of a property strategically positioned at the prominent corner of Ipswich Road and Waverley Street. This location offers not only a fantastic residential opportunity but also significant potential for business use, thanks to its high-profile corner positioning.
Whether you envision transforming this property into your residence or seizing the chance to enhance its value and hold it as a premium inner-city investment, this listing holds the key to your aspirations.
Key Features:
Massive Road Frontage: Enjoy over 18 meters of prime frontage, guaranteeing maximum exposure for your venture.
Versatile Zoning: Benefit from an attractive zoning designation that permits a wide range of uses, providing you with the flexibility to tailor the property to your needs.
Multi-Level Redevelopment Potential: Unlock the potential to redevelop this property up to three levels, expanding its possibilities and increasing its value.
Dual Living with Extra Kitchen: This property offers the unique advantage of dual living with an additional kitchen, providing added versatility for your lifestyle or potential rental income.
Holding Income: Secure a source of holding income while you plan your next move, ensuring financial stability during any renovations or redevelopments.
Ideal for Office or Retail: Capitalize on the high-profile location by converting this space into a prestigious office or a thriving retail establishment, catering to the bustling neighborhood.
Superb Signage Opportunities: Take advantage of excellent signage options, making your presence known to the extensive foot and vehicle traffic passing by daily.
On-Site Parking: Convenience is key with on-site parking, ensuring easy access for both residents and customers.
This is your opportunity to own a property that offers both residential comfort and business potential, all while enjoying the benefits of a high-exposure, corner location. Don't miss out on this opportunity, whether as a place to call home or as a strategic investment. Act now to secure your piece of this dynamic urban landscape.
The size of Annerley is approximately 2.8 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Annerley in 2016 was 11336 people. By 2021 the population was 11891 showing a population growth of 4.9% in the area during that time. The predominant age group in Annerley is 20-29 years. Households in Annerley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annerley work in a professional occupation.In 2021, 44.00% of the homes in Annerley were owner-occupied compared with 42.90% in 2016.
Annerley has 6,437 properties. Over the last 5 years, Houses in Annerley have seen a 77.06% increase in median value, while Units have seen a 112.19% increase. As at 30 November 2025:
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