Sold

8/187 Warwick Road,
Churchill 4305, Queensland

3 bedrooms
1 bathroom
2 car spaces
94m² land size
House

$190,000


Property details

SOLD BY MITCH EDWARDS

HIGH YEILD SET & FORGET INVESTMENT

If you're looking for a high return investment that you can set and forget, then look no further!! Uni Link Ipswich is the spot for studying students to call home - be it local study at USQ or Bremer TAFE, or online study! The vacancy rate is often 0% thanks to the on-site management. This is situated within walking distance to USQ, short drive to Bremer TAFE at Bundamba, and very handy to both the Ipswich CBD and Yamanto Central for shopping.

This townhouse has the potential to return $440 p/wk unfurnished, and $555 p/wk furnished, with options of leasing each room individually or you can lease the townhouse as a whole. The tenants will have access to the beautiful in-ground swimming pool with BBQ area, as well as a common club house area that can be used for events and gatherings. The grounds are maintained by the on-site manager and there is ample car parking for the tenants.

This complex sits in a flood zone which is insured through the body corporate - please contact me for more information regarding the insurance and the body corporate. Currently, this townhouse is vacant and ready to be leased - take your pick of leasing it furnished or not.

In brief:

- 3 bedrooms, 1 bathrooms, plenty of on-site parking for cars
- Access to in-ground swimming pool & club house
- On-site office and management
- Walking distance to UniSQ, short drive to TAFE
- Close to Ipswich CBD, schools and shops
- Near-by bus stops for easy transportation
- Recently repainted downstairs, new dishwasher
- $440 p/wk unfurnished - $22,880 annually
- $555 p/wk furnished - $28,860 annually
- ICC Rates: $2,226 p/a (approx. )
- QUU Water: $1,120 p/a (approx.)
- Body Corporate (inc insurance): $8,800 p/a
- Approx rental management costs: $2,700
- Student accommodation only - no owner occupiers

Explore the area


School catchments

  • Churchill State School Primary Prep-6 Government 0.85km
  • Immaculate Heart School Primary Prep-6 Catholic 1.5km
  • Ipswich West State School Primary Prep-6 Government 1.6km
  • Leichhardt State School Primary Prep-6 Government 1.9km
  • Ipswich Central State School Primary Prep-6 Government 2.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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