For sale
8/187 Warwick Road,
Churchill 4305, Queensland
$225k - Taking Offers
Property details
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Agents
Premium High Yield Investment
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If you're looking for a "set and forget" style investment that offers an exceptional return of 12.5% gross (or better), then don't delay!! Speak with me ASAP to secure this rare opportunity. This townhouse offers 3 bedrooms, a single bathroom, 2 separate toilets, a separate living and dining area and a sizable kitchen space - a perfect area for multiple tenants to live together harmoniously.
Positioned in a high-demand complex with an active tenant waitlist, this property is a standout, high-yield investment. Operating under rooming agreements, it generates a robust total return of $600 per week ($200 per room is current rate), a strategic leasing structure that significantly reduces the risk of zero income during a single vacancy. Tenants also enjoy access to premium complex amenities, including a swimming pool and common area. Poised to become even more popular following recent market announcements, this asset represents a premier investment opportunity, though all buyers are recommended to consult their financial adviser or planner.
Perfectly situated in the growing suburb of Churchill, the property benefits from a tight rental market and exceptional convenience, sitting within walking distance to the University of Southern Queensland and close to nearby bus stops. The area seamlessly blends a relaxed suburban lifestyle with strong urban connectivity, ensuring long-term tenant appeal.
This unit comes fully furnished for tenants, each room has a bed, office desk and chair - the lounge area has a lounge and TV cabinet, the dining area has a dining table and chairs, the kitchen has basic cutlery.
In brief:
- 3 bedroom, 1 bathroom townhouse
- Separate living and dining area
- Pool & common area in the complex
- $600 p/wk rental return ($200 p/room))
- Long waitlist of tenants
- On site manager
- Fully furnished unit
Inspections
Explore the area
School catchments
- Bremer State High School Secondary 7-12 Government 0.31km
- 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
- The BUSY School - Ipswich Campus Secondary Independent 2.3km
- Bethany Lutheran Primary School Primary Prep-6 Independent 2.4km
- Indie School, Logan - Ipswich Central Campus Secondary Independent 2.5km
- Ipswich Grammar School Combined Prep-12 Independent 2.5km
- Arethusa College - Ipswich Temporary Facility Secondary Independent 2.5km
- Amberley District State School Primary Prep-6 Government 2.5km
- Blair State School Primary Prep-6 Government 2.6km
- St Mary's Primary School Primary Prep-6 Catholic 2.6km
- St Edmund's College Combined 5-12 Catholic 2.8km
- St Mary's College Secondary 7-12 Catholic 2.8km
- Ipswich Girls' Grammar School including Ipswich Junior Grammar School Combined Prep-12 Independent 3.0km
- Raceview State School Primary Prep-6 Government 3.0km
- The Industry School - Ipswich Secondary 10-12 Independent 3.2km
- Silkstone State School Primary Prep-6 Government 3.7km
- Ipswich North State School Primary Prep-6 Government 3.8km
- Ipswich State High School Secondary 7-12 Government 4.9km
- Bundamba State Secondary College Secondary 7-12 Government 6.5km
- Queensland Pathways State College - Bundamba Campus Secondary Government 6.7km
- West Moreton Anglican College Combined Prep-12 Independent 6.8km
- Ripley Valley State Secondary College Secondary 7-12 Government 8.7km
- St Peter Claver College Secondary 7-12 Catholic 9.3km
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.
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