FOR SALE
Offers Over $990,000.00

2 Pera Crescent
Warwick QLD 4370

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 198m2
Land area: 760m2
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LEASED INVESTMENT - High Yielding Over 9%

This near-brand-new SDA (Specialist Disability Accommodation) Robust designed home at 2 Pera Crescent, Warwick, offers a remarkable investment opportunity with a gross return of 10.2% per annum. Fully leased with two tenants on continuous 2-year leases, this property currently generates over $106,000 in rent per year. After costs, the net return for the SDA provider is 9.2%, with potential to increase to 12.3% following the adoption of new SDA home rates.
Property Highlights:
• Current Rent: Over $106,000 per annum
• Net Return: 9.2% after costs, increasing to 12.3%
• Lease Terms: Two tenants on 2-year continuous leases
• Investment Type: Fully leased SDA Robust designed home
• Price: $1,050,000
Location and Facility Benefits:
Located in the heart of Warwick, this property is designed to cater to the needs of SDA tenants, ensuring robust and quality living conditions. The property's location offers a peaceful residential setting while being in close proximity to essential services and facilities.
Accessibility and Surrounding Amenities:
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Property Details for 2 Pera Cres, Warwick

Building Type
Commercial
Floor Size
198m2
Land Size
760m2

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About Warwick 4370

The size of Warwick is approximately 25.9 square kilometres. It has 19 parks covering nearly 7.8% of total area. The population of Warwick in 2011 was 12,357 people. By 2016 the population was 12,216 showing a population decline of 1.1% in the area during that time. The predominant age group in Warwick is 0-9 years. Households in Warwick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warwick work in a labourer occupation. In 2011, 59.7% of the homes in Warwick were owner-occupied compared with 58.3% in 2016.

Warwick has 6,767 properties.

    There are currently 101 properties listed for sale, and 14 properties listed for rent in Warwick on OnTheHouse. According to CoreLogic's data, 329 properties were sold in the past 12 months in Warwick.

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    Nicolas Milner
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