65 Nicholas StreetIpswich QLD 4305
Property Details for 65 Nicholas St, Ipswich
65 Nicholas St, Ipswich is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 223m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
Last Listing description (November 2017)
- Prime Ipswich CBD dress circle property consisting of 2 x 2 bed flats
- Stucco exterior with iron roof
- Secured with long-term tenants
- Original condition
- 223M2 Block
- Combined income of $460 per week
Every now and then you get a property that offers something unique to an astute buyer and you just know that the phones are going to ring off the hook. I think my latest property is that exact opportunity.
There are 2 x 2 bedroom flats on the one title, so no Body Corp Fees, with very long term tenants in place who have just resigned 2 (two) year leases. Each flat comprises of 2 bedrooms, lounge room, dine in kitchens and bathroom with the bonus of new hot water systems in both. The back flat has the additional bonus of the car port which is located on the side of the front flat.
Surrounded by local Professional offices, the potential is definitely here for you to convert the front flat into a Solicitors office or a Financial Planners office and still draw rent from the back flat. (Subject to all Council Approvals)
Now I am not going to pretend that these flats could definitely benefit from some TLC. However if you left your tenants in place for the term of their leases, it would give you plenty of time to research your next move while still drawing income.
Located on the rim of the Ipswich CBD, the property is within very easy walking distance to the local restaurants and speciality shops in the Ipswich Mall. The local RSL Club is just down the road and there is a bus stop around the corner.
If you are looking for a long term investment, then you need to ring and make an appointment to view this property for yourself.
Property History for 65 Nicholas St, Ipswich, QLD 4305
- 18 Sep 2017Sold for $286,500
- 16 Jun 2017Listed for Sale $299,000
- 15 Apr 2009Sold for $335,000
Recent sales nearby
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0About 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 1,771 properties. Over the last 5 years, Houses in Ipswich have seen a 116.32% increase in median value, while Units have seen a 136.08% increase. As at 30 November 2025:
- The median value for Houses in Ipswich is $812,665 while the median value for Units is $526,360.
- Houses have a median rent of $550 while Units have a median rent of $363.
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