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 2,775 properties. Over the last 5 years, Houses in Ingham have seen a 95.06% increase in median value, while Units have seen a 71.12% increase. As at 30 November 2024:

  • The median value for Houses in Ingham is $263,531 while the median value for Units is $245,389.
  • Houses have a median rent of $360 while Units have a median rent of $298.
There are currently 40 properties listed for sale, and 3 properties listed for rent in Ingham on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Ingham.

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Marie Hubert
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