23 Phillip Street,

One Mile

This solid two-bedroom home sits on a generous 607m2 block in One Mile and is ideal for investors looking for a property that delivers income from day one. Built in 1960, the home has a practical layout, low-maintenance living, and plenty of potential for future improvements or extensions (STCA).

The property is currently tenanted on a 12-month lease at $390 per week, giving you reliable cash flow while holding a property in a sought-after area with consistent rental demand.

Property features:

• Two comfortable bedrooms

• One functional bathroom

• Single-car accommodation

• Generous 607m2 block with space to add value

• Solid 1960 construction, easy to maintain

• Practical layout with room to improve or enhance over time Location benefits:

• In the established One Mile community

• Close to Ipswich CBD, local shops, and schools

• Parks, public transport, and key roads are within easy reach With a tenant already in place and a large block to work with, this property offers both immediate rental income and long-term potential. It's a straightforward, no-fuss investment in a suburb that continues to hold its value.