48-52 Thorn Street, Ipswich, Qld 4305

Clint Franke from K2 Private Property is pleased to present 48–52 Thorn Street, Ipswich, to the market for sale by Offers to Purchase.

This exceptional opportunity comprises a 1,443 sqm combined landholding* within Ipswich’s established medical precinct, benefiting from an existing development approval for a purpose-built healthcare facility.

Strategically positioned directly opposite Ramsay Health Care’s St Andrew’s Private Hospital, the property comprises three adjoining allotments with frontage to both Thorn Street and Garden Street.

The property currently comprises three existing residential dwellings, providing an interim holding opportunity while purchasers consider the approved development potential. One of the dwellings is currently occupied under a periodic tenancy arrangement with NARKOS, providing an existing source of holding income.

The approved development provides for a purpose designed, three level healthcare facility comprising 2,373 sqm of approved Gross Floor Area*, including approximately 2,045 sqm of building GFA*, together with 20 car spaces.

Key Property Highlights

- 1,443sqm* combined landholding across three adjoining allotments

- 2,373sqm* approved Gross Floor Area

- Approximately 2,045sqm* building GFA

- Existing development approval 4181/2021/MCU

- Approval dated 26 November 2021

- 20 car spaces incorporated within the approved development

- Dual street frontage to Thorn Street and Garden Street

- Positioned directly opposite Ramsay Health Care’s St Andrew’s Private   Hospital

- Established medical and healthcare precinct

- Three existing residential dwellings providing interim holding income

- One dwelling currently occupied under a periodic tenancy arrangement with NARKOS

- Existing approval providing a clear development pathway

- A Rare Ipswich Healthcare Development Opportunity

With an existing development approval in place, three existing dwellings and a strategic position directly opposite St Andrew’s Private Hospital, 48–52 Thorn Street presents an outstanding opportunity for developers, healthcare operators, investors and owner occupiers.

The property provides the potential to generate holding income from the existing dwellings while allowing the purchaser to plan and progress the approved healthcare development, subject to the relevant approvals and purchaser due diligence.

The property is offered for sale by Offers to Purchase.

For further information, access to the property information memorandum or to arrange an inspection, please contact Clint Franke of K2 Private Property.







Disclaimer: The information contained in this advertisement is provided for general information purposes only and has been prepared in good faith. While every care has been taken to ensure the information is accurate, K2 Private Property, its employees and agents make no representation or warranty as to its accuracy or completeness. Prospective purchasers should make their own independent enquiries and satisfy themselves as to all aspects of the property, including areas, dimensions, planning, zoning, development approvals, tenancy arrangements and development potential. All photographs, plans, diagrams, artist impressions, renders, AI-generated images and other visual material are for illustrative purposes only and may not represent the current or future condition of the property or any proposed development. All areas and measurements are approximate. Information is subject to change without notice.