FOR SALE
$1,299,000

9 Mcilwraith Street
Ingham QLD 4850

Bedrooms: 14
Bathrooms: 8
Car spaces: -
Land area: 1294m2
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Attention Investors: 9.2% ROI* Cash Cow !!!

Ray White Ingham is proud to offer a lucrative investment opportunity with this collection of 8 units, each featuring larger-than-average room sizes and situated in a strategic location for robust cash flow.
Investment Highlights:
9.2% Gross Return
Current Rent: $2,300 per week, offering scope for enhancement
Annual Gross Income: $119,600
Fixed-term Leases
Key Features of the Property:
Property size: 1,294 sqm (approx 700sqm under roof)
Comprises 6 x 2-bedroom units and 2 x 1-bedroom units
Spacious open plan living areas
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Property Details for 9 Mcilwraith St, Ingham

9 Mcilwraith St, Ingham is a 14 bedroom, 8 bathroom BlockOfUnits. The property has a land size of 1294m2. The place is currently for sale with Ray White Ingham.

Building Type
BlockOfUnits
Land Size
1294m2

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About Ingham 4850

The size of Ingham is approximately 40.6 square kilometres. It has 21 parks covering nearly 3.6% of total area. The population of Ingham in 2011 was 4,767 people. By 2016 the population was 4,423 showing a population decline of 7.2% in the area during that time. The predominant age group in Ingham is 50-59 years. Households in Ingham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ingham work in a trades occupation. In 2011, 63.3% of the homes in Ingham were owner-occupied compared with 64.7% in 2016.

Ingham has 2,772 properties. Over the last 5 years, Houses in Ingham have seen a 85.75% increase in median value, while Units have seen a 67.86% increase. As at 31 October 2024:

  • The median value for Houses in Ingham is $233,118 while the median value for Units is $248,296.
  • Houses have a median rent of $355 while Units have a median rent of $290.
There are currently 47 properties listed for sale, and no properties listed for rent in Ingham on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Ingham.

Suburb Insights for Ingham 4850

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Marie Hubert
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Ray White Ingham
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.