This Development opportunity is ideally located in the Ipswich CBD fringe, placing it so close to shopping, transport and much much more. The front portion of each lot is zoned for Mixed density character housing (CHM), with the rear third falling under Residential high density (RHD) there is the possibility of removing the current dwelling to maximise the development potential (STCA). For those looking to invest in the short term and take advantage of the development potential in the future, the current home is equipped with 2 bedrooms plus generous sleep outs, 1 bathroom and is neat and tidy throughout. Currently rented for $295 per week with the tenants set to vacate in the coming months allowing you to secure your own tenants, or to proceed with further development. Features at a Glance: - Fully fenced 972m2 block on two lots. - Zoned a combination of Character Housing Medium Density and Residential High Density marking it a potential townhouse / unit site (STCA) - Contact us for more information on Zoning and what it allows. - Potential to remove the existing dwelling STCA - Dwelling includes 2 large bedrooms + sleep outs - Timber Floors - Well appointed kitchen - Tidy bathroom with shower over bath - Currently tenanted for $295 per week with opportunity to review upon new tenancy in early 2022. Benefits of this fantastic location include: - Less and 500m to West ipswich shopping precinct including IGA, Bunnings, Service stations and more. - Only 750m to the Ipswich Hospital and the Ipswich CBD - Only 1.5km to the Ipswich Train Station - Less than 3km to USQ Ipswich Campus (university) - Only 15 Minutes to Amberley RAAF Base. Contact us today for More information on this fantastic opportunity!.