23 Phillip Street,One Mile
2
Beds
|
1
Bath
|
1
Car
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.
