8/187 Warwick Road
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About this property
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
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 94 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Churchill
This 3-bedroom house in Churchill, QLD 4305 sits within reach of public transport, local shops and nearby schools. It is listed 69% below the $800,000 median of 68 comparable houseswithin 5 km.
Schools near Churchill
- Churchill State Schoolprimary · Prep-6 · CoEd
What's nearby
- Warwick Rd at Perry Street (bus) — 242 m away
- Suspension Brakes & Steer — 410 m away
- Unnamed — 639 m away
- Lobley Park — 689 m away
- Oakhill Street Park — 801 m away
Churchill at a glance
Full suburb profile- Population
- 1,842
- Median age
- 34
- Household income
- $1,174/wk
- Median rent
- $300/wk
- Median mortgage
- $1,213/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Churchill price trend
Median sold · House 3 bed
Compound growth +22.3% / yr over 4 yrs
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Full Churchill marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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