Three land parcels with potential for commercial development

AN ALMOST quarter hectare block in North Ipswich with three deeds, two homes and a set of units has been listed for offers over $1.1 million.

It’s a site that realtors suggest offers commercial opportunities subject, of course, to application to and approval from the Ipswich City Council.

The land is held in three titles.

The first parcel carries the address of 75 Pine Mountain Road.

It has a frontage of 55 metres to Pine Mountain Road and also frontage to Simpson Street.

It was formerly a commercial site but is now vacant and cleared of any buildings and trees. The parcel takes in 971sqm.

The second parcel – 73 Pine Mountain Road – contains a lowset three bedroom, two bathroom home with a two car garage. It is currently rented for $325 per week.

The third parcel – 2A Simpson Street – has a block of three units which are fully tenanted and return $640 per week in total.

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