8/187 Warwick Road, Churchill QLD 4305

$189,000

3 beds

1 baths

1 parking

HIGH YEILD SET & FORGET INVESTMENT

If you're looking for a high return investment that you can set and forget, then look no further!! Uni Link Ipswich is the spot for studying students to call home - be it local study at USQ or Bremer TAFE, or online study! The vacancy rate is often 0% thanks to the on-site management. This is situated within walking distance to USQ, short drive to Bremer TAFE at Bundamba, and very handy to both the Ipswich CBD and Yamanto Central for shopping.

This townhouse has the potential to return $440 p/wk unfurnished, and $555 p/wk furnished, with options of leasing each room individually or you can lease the townhouse as a whole. The tenants will have access to the beautiful in-ground swimming pool with BBQ area, as well as a common club house area that can be used for events and gatherings. The grounds are maintained by the on-site manager and there is ample car parking for the tenants.

This complex sits in a flood zone which is insured through the body corporate - please contact me for more information regarding the insurance and the body corporate. Currently, this townhouse is vacant and ready to be leased - take your pick of leasing it furnished or not.

In brief:

- 3 bedrooms, 1 bathrooms, plenty of on-site parking for cars
- Access to in-ground swimming pool & club house
- On-site office and management
- Walking distance to UniSQ, short drive to TAFE
- Close to Ipswich CBD, schools and shops
- Near-by bus stops for easy transportation
- Recently repainted downstairs, new dishwasher
- $440 p/wk unfurnished - $22,880 annually
- $555 p/wk furnished - $28,860 annually
- ICC Rates: $2,226 p/a (approx. )
- QUU Water: $1,120 p/a (approx.)
- Body Corporate (inc insurance): $8,800 p/a
- Approx rental management costs: $2,700
- Student accommodation only - no owner occupiers

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 1
• Other Parking: 1
• Land Area: 94 m² (approx)