OFF MARKET

14/173 Warwick Road
Churchill QLD 4305

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 119m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

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.

Building Type
Unit
Land Size
119m2
Local Government
Ipswich

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

A timeline of how this property has performed in the market
  • 29 Nov 2018
    Listed for Sale Offers Over $115,000

Commute Calculator

About Churchill 4305

The size of Churchill is approximately 1.7 square kilometres. It has 8 parks covering nearly 9.7% of total area. The population of Churchill in 2011 was 1,782 people. By 2016 the population was 1,844 showing a population growth of 3.5% in the area during that time. The predominant age group in Churchill is 20-29 years. Households in Churchill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Churchill work in a labourer occupation. In 2011, 58.1% of the homes in Churchill were owner-occupied compared with 56% in 2016.

Churchill has 891 properties. Over the last 5 years, Houses in Churchill have seen a 105.39% increase in median value, while Units have seen a 2.16% increase. As at 31 August 2024:

  • The median value for Houses in Churchill is $581,254 while the median value for Units is $263,179.
  • Houses have a median rent of $455 while Units have a median rent of $425.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Churchill on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Churchill.

Suburb Insights for Churchill 4305

Market Insights
Churchill Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Churchill Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.