8/187 Warwick Road

Churchill QLD 4305

94 m²

House

Currently for sale - view listing

Overview

Premium High Yield Investment

PLEASE NOTE: This unit is for investor purchasers only - cannot be owner occupied, as per the body corporate. If you're looking for a "set and forget" style investment that offers an exceptional return of 12.5% gross (or better), then don't delay!! Speak with me ASAP to secure this rare opportunity. This townhouse offers 3 bedrooms, a single bathroom, 2 separate toilets, a separate living and dining area and a sizable kitchen space - a perfect area for multiple tenants to live together harmoniously. Positioned in a high-demand complex with an active tenant waitlist, this property is a standout, high-yield investment. Operating under rooming agreements, it generates a robust total return of $560 per week ($200 per room is current rate), a strategic leasing structure that significantly reduces the risk of zero income during a single vacancy. Tenants also enjoy access to premium complex amenities, including a swimming pool and common area. Poised to become even more popular following recent market announcements, this asset represents a premier investment opportunity, though all buyers are recommended to consult their financial adviser or planner. Perfectly situated in the growing suburb of Churchill, the property benefits from a tight rental market and exceptional convenience, sitting within walking distance to the University of Southern Queensland and close to nearby bus stops. The area seamlessly blends a relaxed suburban lifestyle with strong urban connectivity, ensuring long-term tenant appeal. This unit comes fully furnished for tenants, each room has a bed, office desk and chair - the lounge area has a lounge and TV cabinet, the dining area has a dining table and chairs, the kitchen has basic cutlery. Contact me for a full buyer information pack! In brief: - 3 bedroom, 1 bathroom townhouse - Separate living and dining area - Pool & common area in the complex - $560 p/wk rental return ($180 + $180 + $200) - $200 p/wk is the current rate for the rooms - Long waitlist of tenants - On site manager - Fully furnished unit