14/173 Warwick RoadChurchill QLD 4305
Property Details for 14/173 Warwick Rd, Churchill
14/173 Warwick Rd, Churchill is a 5 bedroom, 2 bathroom Unit. The property has a land size of 119m2.
Last Listing description (November 2023)
Located within the Unilink Village in Churchill is this fantastic five (5) bedroom fully furnished unit. Currently has five tenants (room share accommodation) and is currently renting for a combined total of $705 per week minus all fees thats a massive return of
13.5 %
The units within the Unilink Village complex are student accommodation and we are looking for investors only. All the townhouses within the village are managed by an onsite manager, which is fantastic for your peace of mind knowing your investment property is being well looked after.
This unit offers affordable accommodation for tenants with multiple on-site facilities available. Conveniently located adjoining the University of Queensland Ipswich Campus and less than 5 minutes* to the Ipswich CBD and with public transport at your door.
Body Corporate Fees & Insurance - $6500 per year ($2168.75 every 4 months )
Council Rates - $500 per quarter approx.
Water - $350 per quarter approx.
Management fees - 8.25% approx. ($3024.45 per year)
- Each of the 5 rooms is rented separately and receives a separate rental income. The more rooms rented, the higher the return
- Fully furnished
- 5 bedrooms with built-ins, timber look flooring, beds, desks, chairs and ceiling fans
- The main bedroom has its own ensuite, whilst the remaining bedrooms are located near the common bathroom and toilet
- Open plan kitchen, living and dining area
- The full-sized kitchen has electric hotplates and oven
- Internal concealed laundry
- Front and rear entries with an outdoor area to relax and take in the breeze
- Accommodation facilities include a swimming pool, recreation and games room with Foxtel TV, BBQ facilities and high-speed internet access (see Unilink Village website for additional information)
- Free off-street parking
- Overlooking picturesque 18 hole golf course
This neat and low maintenance unit would satisfy any astute investor looking to further increase their rental portfolio or looking to start building one. With such a low initial investment and high weekly rental return, it's like having a license to print money! You can't even buy a block of land for this price, let alone a fully furnished 5-bedroom unit!
The townhouse is situated in ever popular Churchill and is within walking distance to Public Transport, The University of Queensland Ipswich Campus, Churchill State Primary School, Bremer State High School and Amberley District State Primary School. It is only a short drive to child care, doctors, dentists and the Yamanto and Winston Glades Shopping Centres and the Ipswich CBD and Riverlink Development.
At this price you'll need to be quick or it will be gone!
Property History for 14/173 Warwick Rd, Churchill, QLD 4305
- 29 Nov 2018Listed for Sale Offers Over $115,000
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