DUAL WITH SECONDARY DWELLING - INCREDIBLE INCOME 7+% gross yield - WARWICK - SE QLD
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About this property
Warwick is a standout choice due to skyrocketing rental demand, a growing property shortage, and the lack of quality new homes-until now. Current Vacancy Rate 0.3% (SQM research) This is your chance to invest in one of the most in-demand areas, ideal for smart investors looking to take advantage of the high demand and low supply. The success of this location speaks for itself. Buyers who secured house and land packages in the low $400ks have already seen outstanding capital growth, ever-increasing rental returns, and full depreciation benefits. We expect Warwick's next stages to deliver equally strong results as the area continues its upward growth trends. Now is the time to take action and watch your investment Grow. This Opportunity: Duplex: 1 George Street, Warwick SE Qld Size: 882m2 $300,000 Land is registered Total : 5 beds, 3 baths, 2 cars Total size: 212m2 under roof Build Price: $578,560 FIXED PRICE TURN KEY PACKAGE: $878,560 Unit 1: 3 beds, 2 baths, 1 car Unit 2 2 beds, 1 baths, 1 car GROSS RENTAL ESTIMATE: $1200 per week total income - see letter attached - huge demand for rentals here. Current vacancy rate is 0.3% (SQM Research) - 7.10% gross income return AVERAGE ANNUAL GROWTH: 17.43% (YIP MAGAZINE) Summary of inclusions All site costs covered, stone benchtops, security screen door, LED downlights, Front feature door, Slimline rainwater tank, LED's in all bedrooms, ducted air conditioning, fully fenced yard with driveway, alfresco under main roof And more........... Please read full inclusions list in brochure provided TO PURCHASE: $1000 on Expression Of Interest, Two Contract purchase: House building Contract and land Contract Land settle : 14 days from unconditional finance approval - Deposit on land contract TBA Subject to finance 21 days. Unconditional finance 5% initial deposit on Build Contract. THIS PROPERTY IS NOT YET CONSTRUCTED Two contract purchase - Land Contract plus Building Contract This is subject to being available at time of enquiry. FOR SALE: $878,560 Kaye Tilley 0418 823 046
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 3
- Parking
- 2
- Land Area
- 882 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Warwick
This 5-bedroom house in Warwick, QLD 4370 sits within reach of public transport, local shops and nearby schools. It is listed 35% above the $650,000 median of 67 comparable houseswithin 5 km.
Schools near Warwick
- The School of Total Educationcombined · Prep-12 · CoEd
- The SCOTS PGC Collegecombined · Prep-12 · CoEd
- The SCOTS PGC College - Lock Street Campuscombined
- Warwick Christian Collegecombined · Prep-12 · CoEd
- Glennie Heights State Schoolprimary · Prep-6 · CoEd
- Warwick Central State Schoolprimary · Prep-6 · CoEd
What's nearby
- Albert St at Warwick Croquet Club hail 'n' ride (bus) — 218 m away
- Kathy — 251 m away
- Leslie Park — 163 m away
- Rotary Park — 788 m away
- Federation Park — 932 m away
Warwick at a glance
Full suburb profile- Population
- 12,294
- Median age
- 45
- Household income
- $1,035/wk
- Median rent
- $260/wk
- Median mortgage
- $1,170/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Warwick price trend
Median sold · House 5+ bed
Compound growth +15.5% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Warwick marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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