Sold

8/191 Warwick Road,
Churchill 4305, Queensland

3 bedrooms
1 bathroom
2 car spaces
51m² land size
Unit

$185,000


Property details

SOLD BY MITCH EDWARDS

HIGH RETURN INVESTMENT NEAR HEART OF IPSWICH

PLEASE READ: These units are strictly for STUDENT rental accommodation ONLY! There is no option for these to be owner occupied and they must be leased to somebody with a student number (does not have to be to the local Uni or TAFE).

With an impressive return and centrally located close to the Ipswich CBD, the UniLink Village has been a popular choice for investors over the years. Do the math, even after all the costs, these still net a high return!

Featuring 3 bedrooms, you can lease the whole unit to just one person/group OR you can setup share-housing style accommodation and lease them room by room. This unit has tenants for the next 6 months paying $400 p/wk for the whole unit.

This complex is situated within walking distance to the University of Queensland campus in Ipswich and just a short drive/commute to the Bundamba TAFE collage - perfect for those study locally. These also apply to online study, so anyone with a student number can apply for residency here.

This unit has recently been refurbish with new carpet and almost fully repainted inside at the start of 2024. Vacancy rates are typically very low and the on-site manager keeps lists of prospective future tenants.

In brief:

- 3 bedrooms, 1 bathroom, 2nd toilet
- New carpet & new paint completed Jan 2024
- Leased @ $400 p/wk until 01/2025
- Body corporate approx $500 per month
- Council rates approx $450 per qtr
- Water/sewer access of $232 p/qtr + water usage
- Strictly rental only, no owner occupiers (student)
- In ground pool + common area for tenant use
- On site manager, grounds keeping
- Backing onto Sandy Gallop Golf Course
- Ideally located, minutes to everything
- Investors dream purchase!

Explore the area


School catchments

  • Churchill State School Primary Prep-6 Government 0.82km
  • Immaculate Heart School Primary Prep-6 Catholic 1.4km
  • 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

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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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