For Sale

9/187 Warwick Road, Churchill, QLD, 4305

$270,000

3
1
1
94 m²

Townhouse

3 days on the market

Inspection times

Inspections are by appointment only.

What's around 9/187 Warwick Road

Secure Income Today. High-Yield Potential Tomorrow.

Phone Enquiry ID: 236638 Please note this is for student accommodation only. A smart investment opportunity offering immediate rental income today with outstanding future upside. Currently leased at $480 per week until 18 January 2027, this well-designed three-bedroom townhouse provides investors with secure holding income while offering the flexibility to explore a higher-yield room-by-room leasing strategy at the end of the current tenancy with current rates at $200 per room... Featuring three bedrooms, a central bathroom, two toilets, separate living and dining spaces and a functional kitchen, the layout is ideally suited to shared accommodation. Similar properties within the complex have demonstrated the strong appeal of room-by-room leasing, providing investors with an exciting opportunity to potentially increase rental income when the current lease concludes. Located in a popular and convenient Churchill complex, the property benefits from strong tenant appeal due to its proximity to the University of Southern Queensland, public transport and local amenities. With a practical floor plan, multiple living zones and three separately rentable bedrooms, this is an investment that offers both income security and future flexibility. Whether you're looking for a straightforward investment with a lease already in place or an opportunity to unlock stronger future returns, this townhouse deserves serious consideration. Investment Highlights: - Secure lease returning $480 per week until 18 January 2027 - Potential to explore higher-yield room-by-room leasing after the current lease expires. $600 p/wk ($200 per room) - 3 generous bedrooms - On site manager - Recently renovated in 2023. - Pool & common area - Practical layout well suited to shared accommodation - Strong tenant appeal in a convenient Churchill location - Close to University of Southern Queensland, transport and local amenities Secure the income today and unlock the upside tomorrow.

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