7 Peacock Street, One Mile, Qld 4305

$750,000

House
Type
3
Bedrooms
1
Bathrooms
4
Parkings
928 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 7 Peacock Street, One Mile, Qld 4305)

$750,000

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

A versatile and spacious 1960s home on a large block in One Mile, offering excellent future potential and convenient access to local amenities.

🏡 Property Highlights

  • Generous 928m² low-density allotment offering ample space and future development potential
  • Well-maintained 1960s residence with versatile multi-purpose room for various uses
  • Three spacious bedrooms with built-in robes and ceiling fans for comfort
  • Expansive backyard with double bay shed, tool shed, and scope for granny flat (STCA)
  • Convenient location close to Ipswich CBD, schools, shopping, parks, and public transport
  • Currently leased with strong rental income and significant upside potential

✨ Key Features

  • Built-in Robes
  • Ceiling Fans
  • Open-Plan Living
  • Outdoor Area
  • Shed
  • Garage
  • Outdoor Area / Balcony
  • Internal Laundry
  • Home Office / Study Nook
  • Waterfront / Views

One Mile is a sought-after suburb known for its spacious land parcels and family-friendly environment. It offers excellent connectivity to Ipswich CBD, local schools, shopping centres, and parks. The area combines suburban tranquility with convenient amenities, making it ideal for families and investors alike. Its low-density zoning provides ample scope for future development and lifestyle flexibility. With a strong community feel and increasing demand, One Mile presents a compelling opportunity for long-term growth.

What are the current and potential rental incomes for this property?
The property is currently leased at $380 per week until 29/07/2026, with a potential rent increase from 30/01/2027. The current rental appraisal ranges from $550 to $600 per week.
What future development options are available on this large 928m² block?
The expansive yard offers scope for a granny flat or additional shed (STCA), providing flexibility for future extensions or investment opportunities.
Are there any zoning or planning restrictions I should be aware of?
The property is situated on a low-density residential allotment, with potential for future development subject to council approval and STCA (Subject To Council Approval).
What cosmetic updates could enhance the property's value?
While some cosmetic updates could further improve the home, its solid structure, land size, and future potential make it a valuable investment as-is.
Is the property suitable for families or investors?
Yes, the property offers spacious living, versatile rooms, and excellent rental income potential, making it ideal for both families and investors.
Are there any existing easements, covenants, or planning restrictions affecting the property? Has the property been inspected for any structural issues or pests? Are there any upcoming council or community developments planned for the area? What are the zoning regulations regarding future extensions or additions? Are there any known flood or bushfire risks in this location? Is there any history of water or drainage issues on the property? Are there any strata or body corporate fees applicable if I develop or subdivide? What are the total estimated costs for potential upgrades or renovations? Are there any restrictions on building a granny flat or additional structures? Is the property compliant with all current building codes and regulations?

7 Peacock Street, One Mile, Qld 4305 - More Details

$750,000

Positioned on a substantial 928m² low-density residential allotment, this well-maintained 1960s residence presents an outstanding opportunity to secure a property offering space, flexibility and exciting future potential in the heart of One Mile.

Designed for comfortable everyday living, the home features three generously sized bedrooms, all complete with built-in robes and ceiling fans. A tidy central bathroom services the home, while the separate air-conditioned lounge and adjoining dining area create a practical and welcoming living environment. A versatile multi-purpose room further enhances the home's flexibility, ideal for growing families, a home office, hobby space or additional living area.

The well-positioned kitchen offers ample bench space and storage, while the internal laundry provides convenient ramp access to the expansive backyard.

Outside, the property continues to impress with a double bay shed, additional tool shed and a skillion-roofed carport with excellent clearance for caravan accommodation. The fully fenced yard also features a double bay concrete slab at the front of the home, presenting exceptional scope for a granny flat or additional shed (STCA), making this a property of remarkable versatility and long-term appeal.

While some cosmetic updates could further enhance the residence, the combination of land size, functionality and future potential makes this an opportunity not to be missed.

Conveniently located just minutes from the Ipswich CBD, local schools, shopping centres, parks and public transport, the property offers a highly accessible lifestyle with the space and possibilities increasingly sought after by today's buyers.

Investment Highlights

For the astute investor, this property offers immediate rental income with excellent upside potential:

• Currently leased at $380 per week until 29/07/2026
• Next potential rent increase available from 30/01/2027
• Current rental appraisal of $550–$600 per week
• Approximate quarterly rates: $639
• Approximate quarterly water charges: $395

Opportunities of this scale, flexibility and future potential are becoming increasingly rare in One Mile.

To obtain further information or arrange your private inspection, contact Karen at RealWay Property Consultants Ipswich today.

Disclaimer:
Realway Property Consultants has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, accuracies, omissions, or misstatements contained. Prospective Buyers are encouraged to make their own enquiries to verify the relevant information contained in this advertisement and obtain professional advice if necessary.

Realway Property Consultants Ipswich – Real Service Real Results
Type
House
Bedrooms
3
Bathrooms
1
Parkings
4
Area
928 m²
House Size
203 m²

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