FOR SALE

9 Mcilwraith Street
Ingham QLD 4850

Bedrooms: 14
Bathrooms: 8
Car spaces: -
Land area: 1294m2
This property is currently on the market
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Property Details for 9 Mcilwraith St, Ingham

9 Mcilwraith St, Ingham is a 14 bedroom, 8 bathroom Unit. The property has a land size of 1294m2.This Property is currently listed for sale with Ray White Ingham

Building Type
Unit
Land Size
1294m2
Local Government
Hinchinbrook
Lot/Plan
381/SP293927

Last Listing description (November 2024)

Ray White Ingham is proud to offer a lucrative investment opportunity with this collection of 8 units, each featuring larger-than-average room sizes and situated in a strategic location for robust cash flow.

Investment Highlights:

9.2% Gross Return

Current Rent: $2,300 per week, offering scope for enhancement
Annual Gross Income: $119,600
Fixed-term Leases

Key Features of the Property:

Property size: 1,294 sqm (approx 700sqm under roof)
Comprises 6 x 2-bedroom units and 2 x 1-bedroom units
Spacious open plan living areas
Beautiful polished timber flooring
Constructed on a sturdy block foundation

Situated in a prime area, conveniently close to essential local amenities such as schools, the town CBD, showgrounds, and churches, and directly across from the Ingham General Hospital.

Recent updates include modernized kitchens, bathrooms, air conditioning, and appliances in some units.

This exceptional property is ideal for investors seeking substantial returns in a strategically advantageous location. Opportunities of this caliber are rare and highly sought after.

For more information or to schedule a viewing, please contact Marie Hubert at 0448 347 722.

#Property outline indicative only.

Property History for 9 Mcilwraith St, Ingham, QLD 4850

A timeline of how this property has performed in the market
Last Sold
$575,000
15 Mar 2022
  • 22 Nov 2024
    Listed for Sale $1,299,000
  • 12 May 2022
    Listed for Sale SOLD - $575,000
  • 15 Mar 2022
    Sold for $575,000
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About Ingham 4850

The size of Ingham is approximately 40.6 square kilometres. It has 21 parks covering nearly 3.6% of total area. The population of Ingham in 2011 was 4,767 people. By 2016 the population was 4,423 showing a population decline of 7.2% in the area during that time. The predominant age group in Ingham is 50-59 years. Households in Ingham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ingham work in a trades occupation. In 2011, 63.3% of the homes in Ingham were owner-occupied compared with 64.7% in 2016.

Ingham has 2,776 properties. Over the last 5 years, Houses in Ingham have seen a 90.00% increase in median value, while Units have seen a 89.33% increase. As at 31 January 2025:

  • The median value for Houses in Ingham is $245,638 while the median value for Units is $240,392.
  • Houses have a median rent of $360 while Units have a median rent of $300.
There are currently 37 properties listed for sale, and 3 properties listed for rent in Ingham on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Ingham.

Suburb Insights for Ingham 4850

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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.