3/191 Warwick Rd, Churchill is a 3 bedroom, 1 bathroom House and was built in 2003. The property has a land size of 94m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Important Information: These units are designated for student accommodation only. They cannot be owner-occupied, and all tenants must have a valid student number.
Investment Opportunity:
This "set and forget" investment unit is located near the heart of Ipswich in the UniLink Student Accommodation Village. With a solid rental return and dedicated on-site management, this investment is designed to be low-maintenance. The complex offers great amenities, and tenant parking within the complex.
Unit Details:
-3 bedrooms, 1 bathroom, with a second toilet
-Recently refurbished with new carpet and fresh paint as of January 2024
-Currently tenanted at $400 per week, with a lease in place until October 2025
-This unit is offered unfurnished
Financial Details:
-Council Rates: Approximately $450 per quarter*
-Water/Sewer Access: $232 per quarter, plus water usage*
-Body Corporate Fees: Approximately $1,600 per quarter*
-Gross Rental Yield: The approximate gross rental yield is 11.6%.*
-Complex Amenities:
-Multiple recreational facilities
-On-site management and groundskeeping
-Located adjacent to Sandy Gallop Golf Course
-Ideally situated just minutes from essential services and amenities
This unit is a perfect investment choice, offering strong returns and minimal effort for investors looking for a hassle-free addition to their portfolio.
Please note: The floor plan image provided is of a mirrored version of this unit. The actual unit layout is the same but reversed.
* Disclaimer: Whilst all care has been taken in preparation, no responsibility is accepted for the accuracy of the information contained herein. All information (including but not limited to the property area, floor size, price, address & general property description) within this advertisement is provided as a convenience to you, and has been provided to Ipswich Real Estate Pty Ltd by third parties. Interested persons are advised to make their own inquiries, seek legal advice and satisfy themselves in all respects.
Ipswich Real Estate Pty Ltd does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained within this advertisement.
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:
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