Situated on a 1,214 m2 block with a DA in place to subdivide 1 into 2 lots on the CBD fringe! PLUS, the second lot also has approval to build not 1 but 2 townhouses! This is a golden opportunity for one lucky buyer to develop and reap the rewards. Ideally located within walking distance to Ipswich Grammar School, St Edmonds College, St Mary's College, top of town Restaurant and Cafe Precinct, Bus and Rail - Coalfalls is a ever popular and convenient suburb on the fringe of the CBD. The 2 bedroom cottage is currently rented with fantastic long term tenants who ideally would love to stay on. It sits straight and true on concrete stumps and consists of VJ walls and wide pine floorboards. Property features include *1,214 m2 block with DA to split 1 into 2 lots (DA extended till Nov 2023) *Second lot has approval for 2 townhouses (dual occupancy) *Existing cottage located towards the rear of the property *Quiet location while it is also walking distance to amenities *Holding income in place while you subdivide and build *2 Spacious bedrooms + open plan living area *Eat in style kitchen *Full length front veranda *Flood free *DA plans available upon request Properties in Coalfalls are in high demand, so don’t delay an inspection and be left wondering what could have been! **Disclaimer: All information is provided in good faith and is accurate to the best of our knowledge, but House Property Agents takes no responsibility for any error or omission. Buyers are encouraged to conduct their own enquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision.