For Sale

13/173 Warwick Road, Raceview, QLD, 4305

5
1
1
90 m²
361 m²

House

•

1 day on the market

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What's around 13/173 Warwick Road

Student Accommodation - 16% Rental Yield

If you're looking for a strong investment opportunity in a convenient location, this spacious five-bedroom, flood-free unit at Unilink Village is well worth your consideration. One of the larger units within the complex, the property offers five private bedrooms, two bathrooms and fully furnished living and bedroom areas, making it an appealing option for investors seeking a low-maintenance, high-yield investment. Boasting an impressive 16% rental yield, this property presents an excellent opportunity for investors looking to maximise their return. An on-site manager is available to assist with tenants and the ongoing management of the property, providing added convenience for investors. The property features a spacious open-plan kitchen and living area, private bedrooms, ceiling fans throughout and a balcony. Residents also have access to fantastic complex facilities, including an in-ground 14m x 5m swimming pool, barbecue facilities and a games and recreational room with pool table. Positioned next to Sandy Gallop Golf Course, the property is also conveniently located just 150 metres from bus stops and within walking distance of USQ (University of Southern Queensland). Ipswich CBD, Riverlink Shopping Centre and Ipswich Train Station are all approximately five minutes away, providing tenants with easy access to shopping, transport, education and entertainment. Property Features - Flood-free - 5 private bedrooms - 2 bathrooms - One of the larger units within Unilink Village - Fully furnished bedrooms and living areas - Impressive 16% rental yield - On-site manager to assist with tenants and property management - Spacious open-plan kitchen and living area - Private bedrooms - Ceiling fans throughout - Balcony - In-ground 14m x 5m swimming pool - Communal barbecue facilities - Games and recreational room with pool table - Positioned next to Sandy Gallop Golf Course - Approximately 150m walk to bus stops - Walking distance to USQ - Approximately 5 minutes to Ipswich CBD - Approximately 5 minutes to Riverlink Shopping Centre - Approximately 5 minutes to Ipswich Train Station Lease Information The property is currently occupied by 5 tenants, providing an immediate rental income stream: Tenant 1: $160 per week | Lease expires 28/12 Tenant 2: $160 per week | Lease expires 31/12 Tenant 3: $170 per week | Currently periodic Tenant 4: $150 per week | Currently periodic Tenant 5: $150 per week | Lease expires 30/08 Current total rental income: $790 per week Lease Renewal: Expired leases will be renewed at $170 per week, providing the potential to increase the property's rental income and further strengthen its investment appeal. With strong rental returns, established tenants, fully furnished accommodation, a flood-free position and an excellent location close to USQ, transport, shopping and recreational facilities, this is an investment opportunity not to be overlooked.

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