1B EDWARD STREET, One Mile, Qld 4305

Offers from $690,000

House
Type
3
Bedrooms
1
Bathrooms
607 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 1B EDWARD STREET, One Mile, Qld 4305)

Offers from $690,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A low-maintenance, solid brick investment home in One Mile with strong rental demand and future development potential on a generous 607m² block.

🏡 Property Highlights

  • Secure fixed income until December 2026 with current tenancy.
  • Potential for rental uplift from $420 to $480-$495 per week.
  • Solid brick construction offering low maintenance and durability.
  • Generous 607m² allotment with future development potential (STCA).
  • Prime location in One Mile, close to Ipswich CBD, schools, and transport.
  • Well-maintained home with modern features and practical layout.

✨ Key Features

  • Built-in Robes
  • Ceiling Fans
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

One Mile is a highly sought-after suburb known for its strong rental demand and growth potential. It offers excellent connectivity to Ipswich CBD, schools, and major roads, making it ideal for tenants and investors alike. The area features a mix of established homes and future development opportunities, ensuring long-term capital growth. Its community-oriented environment and convenient amenities make it a desirable place to live and invest.

What is the current condition of the property?
The property is well-maintained with modern features, including tiled living areas and carpeted bedrooms in excellent condition.
What are the future development possibilities on the land?
The 607m² allotment offers potential for a granny flat addition (STCA), providing further income or accommodation options.
Is the property suitable for long-term tenants?
Yes, the home features practical, tenant-friendly design elements such as open-plan living, air conditioning, and outdoor entertaining space, attracting stable long-term tenants.
What amenities are nearby?
The property is close to Ipswich CBD, schools, public transport, and major arterial roads, ensuring high accessibility and demand.
Are there any ongoing costs or strata fees?
As a standalone house, there are no strata fees; ongoing costs include maintenance, council rates, and utilities.
Are there any zoning restrictions or easements affecting the property? Has the property been inspected for structural issues or pests? Are there any planned developments or construction nearby that could impact the property? What are the council rates and potential additional costs for future development? Is the property located in a flood or bushfire-prone area? Are there any existing warranties or guarantees on the property’s construction? What are the terms of the current tenancy agreement and any upcoming lease renewals? Are there any restrictions on adding a granny flat or other extensions (STCA)?

1B EDWARD STREET, One Mile, Qld 4305 - More Details

Offers from $690,000

An outstanding opportunity to secure a solid, low-maintenance brick investment in one of Ipswich's consistently strong rental pockets.
Built in 2005 and positioned on a generous 607m² allotment, this well-maintained home offers immediate income with future growth potential - including space at the rear for a potential granny flat addition (STCA).

Investment Snapshot
• Currently Tenanted until 4 December 2026
• Current Rent: $420 per week
• Rental Appraisal: $480 - $495 per week
• Potential Gross Return (at appraisal): Approx. $25,000+ per annum
• Solid 2005 brick construction
This is a secure "set and hold" asset with built-in rental uplift already identified.

The Home
Designed for easy living and strong tenant appeal, the home features:
• 3 generous bedrooms - all with built-in wardrobes and ceiling fans
• Open-plan lounge and dining area with large air-conditioning unit
• Tiled living areas for durability and low maintenance
• Carpeted bedrooms in excellent condition
• Well-maintained bathroom
• Functional kitchen servicing the main living zone
• Covered outdoor entertaining area - ideal for tenant lifestyle appeal
• Front verandah with charming snub-nose roof design
• Brick construction with excellent presentation for its age
The layout is practical, easy to maintain, and continues to attract stable long-term tenants.

Why Investors Should Take Notice
• Fixed income secured through 2026
• Immediate rental uplift opportunity
• Solid brick construction (low maintenance)
• Strong tenant demand area
• Land size supporting future development potential
One Mile remains popular due to its proximity to Ipswich CBD, schools, public transport and major arterial roads, ensuring ongoing rental demand and capital growth support.
Type
House
Bedrooms
3
Bathrooms
1
Area
607 m²
House Size
97 m²

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