270 Warwick RoadChurchill QLD 4305
Property Details for 270 Warwick Rd, Churchill
Last Listing description (September 2023)
QCommercial Properties in Conjunction with RE/MAX U is proud to present to the market for sale a well exposed service station investment with development upside (STCA) with the adjacent home included in the sale located at 270-272 Warwick Road Churchill QLD 4305.
This investment opportunity will be well sought after by many investor groups such Superannuation funds, local & interstate investors and developers.
We call upon all astute investors wanting to secure a strategic asset such as this within their investment portfolio to contact Deepen Khagram, the exclusive marketing agent, to obtain a copy of the information memorandum and access to the data room.
- Total Land Size 1,601m2*
Service Station 748m2*
Residence 853m2*
- Tenants Service Station
Rent - $195,695.88 p.a + GST
Lease commencement 01/03/2022
Lease expiry - 29/02/2032
Options - 2 x 5 Years
Reviews 3%
Outgoings - Tenant pays 100% excluding land tax
Environmental Lessee responsible for contamination
Personal Guarantee - Provided by Lessee
Cash bond - 3 month's rent + GST
- Tenants Residence
Rent - $260p/week
Lease commencement 9/9/2023
Lease expiry - 8/3/2024
Reviews At lease renewal
- 2.5km* to Cunningham Highway and 3km* to Ipswich CBD
- Close to retail, child care centre, schools and transport
- Calling on all astute investors and developers to secure this incredible rare generational investment
EXPRESSION OF INTEREST CAMPAIGN CLOSING 28 SEPTEMBER 2023 (4PM)
For more information on this exciting opportunity and to arrange a site inspection please contact the exclusive marketing agent.
*Approximately
Property History for 270 Warwick Rd, Churchill, QLD 4305
- 22 Aug 2023Listed for Sale Expression of Interest
- 02 Dec 2016Listed for Rent - Price not available
- 13 Mar 2015Listed for Rent $230 / week
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0About 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 105.02% increase in median value, while Units have seen a -30.36% decrease. As at 30 September 2024:
- The median value for Houses in Churchill is $587,684 while the median value for Units is $178,365.
- Houses have a median rent of $480 while Units have a median rent of $425.
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