OFF MARKET

3/187 Warwick Road
Churchill QLD 4305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 948m2
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Property Details for 3/187 Warwick Rd, Churchill

3/187 Warwick Rd, Churchill is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 948m2 and floor size of 76m2.

Building Type
Unit
Floor Size
76m2
Land Size
948m2
Local Government
Ipswich

Last Listing description (November 2021)

Located within the Unilink Village in Churchill is this fantastic three (3) bedroom fully furnished townhouse. Currently setup as share accommodation, each room can be leased out for $135 p/week per room or $300 p/week as a single entity and at $300 p/week is a massive 15.6% return!

The townhouses 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.

From the moment you enter this fantastic townhouse you can see it has been tastefully designed with neutral colour tones from the walls, tiles, carpet and kitchen.

The kitchen has a great layout offering you plenty of storage space with cupboards underneath and overhead, plenty of bench space also doubling as a breakfast bar, electric cook top, stainless steel (Westinghouse) electric oven and still plenty of room for a full-sized fridge.

The lounge and dining are completely separate and at opposite ends of the townhouse and both feature ceiling fans. The dining is just off the kitchen and overlooks the rear courtyard and is big enough to double as a second living if needed. There is also a second toilet located nearby along with additional storage cupboards and under the internal stairs is also a storage space.

All three (3) bedrooms are located upstairs and are of good size and feature built-in cupboards and ceiling fans. They are all service by the upstairs bathroom which has a single vanity, shower and separate toilet located just outside.

As the owner you may rent one, two or three rooms separately or to a group. Individual rooms rent for $135.00 per week, if you were able to fill the remaining room your return would be $405 per week as room share. However you can rent the entire townhouse out as a single entity for $300 per week, this would be the best option in the current climate due to Covid and by doing this maximise your return to 15.6%.

The Unilink Village is self-contained and offers the residence off street parking a swimming pool, recreational room with pool table, ping pong table and lounged area. All these facilities are great for university students looking to unwind and take a break from their studies.

A quick breakdown of approximate costs per quarter:
Body Corp - $4,038.50 per year ($1,009.62 per quarter)
Council Rates - $449.55
Water - $296.00
Power - $290.00

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 and the newly opened 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.

Most importantly, this feature packed townhouse that has an amazing return has been priced to sell quickly at Offers Over $99,000!

At this price you'll need to be quick or it will be gone!

Call Corey Athanates to book an inspection today!

DISCLAIMER: Crowne Real Estate has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 3/187 Warwick Rd, Churchill, QLD 4305

A timeline of how this property has performed in the market
  • 21 May 2020
    Listed for Sale Offers Over $99,000!!!

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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 105.02% 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.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Churchill on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Churchill.

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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.