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Ridiculous price: $100K for three-bed townhouse

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Lot 3/187 Warwick Road, Churchill, is on the market priced at offers over $99,000.


A ridiculous $100,000 is all you need to buy this three bedroom townhouse outright – and there are two of them up for grabs.

But there’s good reason why this property on the outskirts of Greater Brisbane is so cheap – you can’t actually live in it but can use it as a double digit return investment property.

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