60 Downs Street, North Ipswich, QLD 4305 sold on 09 May 2025 | OnTheHouse
SOLD
Sold on 09 May 2025 for $890,000

60 Downs Street
North Ipswich QLD 4305

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 480m2
Land area: 481m2
This property is currently on the market
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Property Details for 60 Downs St, North Ipswich

Building Type
Commercial
Floor Size
480m2
Land Size
481m2
Local Government
Ipswich
Lot/Plan
2/RP59715

Last Listing description (July 2025)

RWC Retail are pleased to present Bronco Burgers North Ipswich, for sale by Auction on Friday 9th May, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

|What|

• Single-tenanted fast food investment
• Freestanding 191sqm* building
• New 5 Year whole-of-land net lease to 2029
• All usual outgoings recoverable
• Net Income of $50,000 + GST p.a.

|Where|
• Main road landholding just 1km* North of the Ipswich CBD
• Exposure to over 105,000 vehicles weekly
• Directly opposite North Ipswich State School, and directly connected to Riverlink Shopping Centre
• In the heart of the Ipswich growth corridor, which is set to almost double in population to 480,000 by 2041

|Why|
• The ideal entry-level investment, with a single tenant on a net lease
• Landlord favourable CPI annual rent increases
• Thriving fast food tenant, with no nearby competition from freestanding national fast food chains
• A further 5 year option to 2034

Property History for 60 Downs St, North Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$890,000
09 May 2025
Listed for Rent
$997/w
09 Feb 2025
  • 09 May 2025
    Sold for $890,000
  • 16 Apr 2025
    Listed for Sale Auction 09 May 2025 at 9:45am
  • 15 Nov 2024
    Listed for Rent - Price not available
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About North Ipswich 4305

The size of North Ipswich is approximately 4.2 square kilometres. It has 11 parks covering nearly 7.7% of total area. The population of North Ipswich in 2016 was 4515 people. By 2021 the population was 4527 showing a population growth of 0.3% in the area during that time. The predominant age group in North Ipswich is 30-39 years. Households in North Ipswich are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Ipswich work in a professional occupation.In 2021, 66.40% of the homes in North Ipswich were owner-occupied compared with 62.00% in 2016.

North Ipswich has 2,205 properties. Over the last 5 years, Houses in North Ipswich have seen a 147.10% increase in median value, while Units have seen a 167.78% increase. As at 31 December 2025:

  • The median value for Houses in North Ipswich is $761,996 while the median value for Units is $590,092.
  • Houses have a median rent of $525 while Units have a median rent of $325.
There are currently 13 properties listed for sale, and 10 properties listed for rent in North ipswich on OnTheHouse. According to Cotality's data, 137 properties were sold in the past 12 months in North ipswich.

Suburb Insights for North Ipswich 4305

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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.