87 Thorn Street, Ipswich QLD

For Sale

Land

Offers to Purchase

- Annual income $631,449^
- Strong occupancy rate
- 41 modern strata titled units over 5 low rise buildings
- Combination of 32 x 3 bedroom units, 8 x 4 bedroom units and 1 x managers townhouse
- Development Approval for residential use
- In close proximity to hospitals, shopping, university, schools and Limestone Park
- Immaculately presented and maintained
- Opportunity to acquire well below replacement value

Offers to Purchase
Offers between $8 million ($195,000*/unit) and $9.5 million ($232,000*/unit)

Matthew Fritzsche
0410 435 891

* Approximately
^ Average 3 years gross income