Sold

7 Mcilwraith Street,
Ingham 4850, Queensland

4 bedrooms
2 bathrooms
2 car spaces
1,998m² land size
Duplex/Semi-detached

$408,000


Property details

LOWSET DUPLEX ON LARGE BLOCK PRIME FOR DEVELOPMENT

Located at 7 Mcilwraith Street in the vibrant heart of Ingham, this property comprises a substantial 1998 sqm (almost half an acre) allotment of prime residential land. Positioned directly across from the Ingham District Hospital, it is surrounded by high-return properties. This duplex and its expansive allotment offer significant potential for investors.

The entire duplex has been extensively renovated, featuring a new roof and gutters, fresh exterior paint, and complete interior upgrades. Each unit within the complex boasts two air-conditioned bedrooms, a modern kitchen, new floor coverings, freshly painted interiors, a bathroom with a separate toilet, and covered car parking.

This investment provides a 9.40 % Gross Return, with potential for further enhancements, especially considering the large size of the land. Notably, the neighboring allotment at the rear is also available for purchase, which could allow for dual street access, expanding development possibilities.

This property represents a solid investment opportunity for those seeking growth potential in their portfolio.

For more information or to arrange a viewing, please contact our agents today.

Explore the area


School catchments

  • Ingham State School Primary Prep-6 Government 0.33km
  • Our Lady of Lourdes Catholic School Primary Prep-6 Catholic 0.54km
  • Hinchinbrook Christian School Combined 1-7 Independent 1.7km
  • Victoria Plantation State School Primary Prep-6 Government 3.9km
  • Toobanna State School Primary Prep-6 Government 6.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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