2 Murphy Street, Ipswich, QLD 4305 | Property Value & History | OnTheHouse
OFF MARKET

2 Murphy Street
Ipswich QLD 4305

Bedrooms: 1
Bathrooms: 1
Car spaces: 3
Land area: 422m2
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Property Details for 2 Murphy St, Ipswich

Building Type
Commercial
Land Size
422m2
Local Government
Ipswich
Lot/Plan
1/RP78984

Last Listing description (October 2024)

Explore 2 opportunities the combined properties of 2 Murphy Street and 1 Wilson Lane, Ipswich. Offering multiple options for the discerning occupant of investor to occupy for commercial or private residential use, separately lease out either or both properties, land bank or sell separately at a later date. Vendor will consider selling each property separately.

2 Murphy Street, IPSWICH:

- Currently owner occupied by a well-established law firm, the Murphy Street premises exude professionalism and longevity

- A meticulously restored Queenslander stands as a testament to architectural charm and has been transformed into a state-of-the-art professional office space
- The office layout is thoughtfully designed, comprising three spacious offices, a welcoming reception area, a dedicated printing room, a full kitchen, a modern bathroom, and a fire-rated dry lockup storage room underneath with 2nd toilet and shower
- The property is equipped with a convenient car park featuring a disability ramp for accessibility

1 Wilson Lane, IPSWICH:

- This segment of the property includes a quaint one-bedroom post-war cottage, offering a unique and complementary aspect
- With potential for passive income, the cottage adds an attractive residential element to the overall portfolio
- A spacious two-bay powered garage, complemented by a carport, is situated on Wilson Lane, providing additional convenience

Additional Information:

- Zoned as CMU 01 Character Mixed Use - it reflects the property's versatility and potential applications
- Positioned strategically opposite the Ipswich Magistrate Court and Police Station, a mere 10 meters* from the Court House, walking distance to the CBD centre, Ipswich City Mall, this offering is poised for prominence
- Public transport accessibility adds to the overall connectivity of the location
- Boasting a two-street frontage, the property offers prominence and accessibility
- Additional street parking ensures convenience for clients and visitors
- Importantly, this property is recognised as flood-free, adding to its appeal and long-term value
- Asking Price: $1,100.000 + GST if Applicable

Don't miss out on the chance to secure this exceptional offering in the heart of Ipswich. Contact Clint Franke or Morrie Marsden of Ray White Ipswich for your private inspection.

Property History for 2 Murphy St, Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$650,000
29 May 2024
Listed for Rent
$240/w
15 Apr 2008
  • 29 May 2024
    Sold for $650,000
  • 23 Jan 2024
    Listed for Sale SOLD BY CLINT FRANKE & MORRIE MARSDEN
  • 23 Jun 2009
    Sold for $250,000
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About Ipswich 4305

The size of Ipswich is approximately 4.2 square kilometres. It has 11 parks covering nearly 34.1% of 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 1,754 properties. Over the last 5 years, Houses in Ipswich have seen a 128.36% increase in median value, while Units have seen a 188.71% increase. As at 31 March 2026:

  • The median value for Houses in Ipswich is $894,028 while the median value for Units is $587,719.
  • Houses have a median rent of $575 while Units have a median rent of $380.
There are currently 14 properties listed for sale, and 16 properties listed for rent in Ipswich on OnTheHouse. According to Cotality's data, 87 properties were sold in the past 12 months in Ipswich.

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Cotality Copyright and Legal Disclaimers about Property Data
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.