5 Brisbane Street, IPSWICH QLD 4305

Significant Federation home in prime position with exciting development potential

House Sold - IPSWICH QLD

A rare combination of heritage charm, endless possibilities and a prime CBD position with fantastic exposure this unique property delivers an unparalleled opportunity for the visionary purchaser. Just steps to ever popular Queens Park, this property has a grand 12-bedroom Federation-style residence alongside a single level brick building housing four fully self-contained units. Zoned Residential High Density, the expansive 1728m² corner allotment with dual street frontage has potential for subdivision STCA and allows for immediate rental income while lucrative development options are considered. Explore the possibilities here, where the creation of a new commercial hub has the flexibility for a range of uses including, hotel, motel, leisure and executive office facilities.

A valuable example of aesthetic significance and local importance, the stately two-storey home is a fine example of Federation design and makes an impressive contribution to the streetscape. Constructed as a single level home in 1885 with the second storey added circa 1908, this historically prominent building is defined by wide wraparound verandahs with traditional design aesthetics of elaborate patterned lacework. Beyond the distinctive façade, spacious interiors enriched with original fireplaces, warm timber floors and pressed tin ceilings feature a myriad of bedrooms and living areas across two levels each leading to the verandahs via French doors.

Ideal for the savvy business owner, this statement property is suitable for a range of professional services such as medical, legal and consulting firms looking to establish in the CBD. With so much room on offer here you can utilise what you need and lease the remainder for an additional income stream. A huge kitchen with adjacent storage rooms features on the lower level in addition to a massive bathroom with multiple showers and toilets providing existing staff facilities.

Perfect too for an exquisite BnB, where guests can enjoy the charming ambience whilst being in close proximity to all that Ipswich and the surrounding areas have to offer. Or perhaps re-establish this masterpiece as a glorious family residence, where options abound to create suites for guests and extended family.

This exceptional opportunity is a truly versatile investment with massive potential for future development. Call today to arrange your private inspection.

• 1728m2 corner block Zoned RHD (Residential High Density)
• Prime CBD position with fantastic exposure
• Suit investors, business owners, owner occupier
• Suitable for hotel, motel, lesure facilities, art gallery, medical and consulting suites
• Take advantage of immediate rental returns
• Potential to split for further development STCA
• Single storey brick building with four self-contained units
• Significant two-storey Federation residence with expansive floorplan
• Original fireplaces, pressed tin ceilings, timber floors, elaborate lacework
• Ideal for professional consulting rooms, boutique BnB, large family home
• Opposite Queens Park, walking distance to train and all amenities