Description

This Rooming House in Zillmere presents a rare opportunity to secure a modern, high-growth investment. Featuring 5 bedrooms, 5 bathrooms and 3 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.

Under Construction - Due for completion in the next few weeks.

Suburb profile:

Zillmere is a well-connected northern Brisbane suburb offering a convenient lifestyle with established transport, shopping, healthcare and everyday amenities close at hand. Residents benefit from a bus stop within approximately 160 metres, direct CityXpress bus services to the Brisbane CBD, and Zillmere train station around 1.4 kilometres away. Taigum Square is an easy 1 kilometre walk, while Westfield Chermside, Prince Charles Public Hospital and St Vincent's Private Hospital are also within easy reach. Located approximately 16.8 kilometres from the Brisbane CBD, Zillmere combines accessibility and amenity with an established residential setting that supports its appeal for both residents and property investors.

Inclusions:

• Purpose-built Class 1b rooming house designed as such
• High-density acoustic wall insulation to internal perimeter walls of each studio
• High-density ceiling insulation above lower-floor studios
• Solid core flush-panel entry door to each studio with digital lever lock
• Own bedroom and living room to each studio
• Own bathroom with vitreous china toilet suite vanity and tiled shower niche
• Own kitchenette to each studio
• Reverse-cycle split-system air conditioning to each studio
• 2 ceiling fans to each studio
• Mirrored sliding robe with shelving
• Block-out roller blinds
• Barrier safety screens to openable windows and sliding doors
• TV antenna connection
• Fully equipped communal kitchen
• Communal laundry
• 13.3kW photovoltaic solar system
• 2 x 250L electric hot water systems
• Hard-wired smoke detectors with battery backup
• Emergency lighting to Class 1b requirements
• Completed landscaping
• Fencing
• Driveway crossover and paths
• 26.4 sqm carport with 2 dedicated bays plus shared zone
• NBN connection to the premises

Offering a blend of functionality, style and growth potential, this Rooming House in Zillmere is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.

Single-person households are on the rise, accounting for a significant 25% of all households in Australia. This trend shows no signs of slowing down, and experts project continued growth in single-person households, reaching an estimated 3 to 3.5 million over the next two decades. This surge underscores the increasing demand for housing options tailored to individual occupants.

Rooming house properties represent a form of shared accommodation, offering private bedrooms with ensuite bathrooms, and often including living and kitchenette facilities similar to a compact one-bedroom unit or apartment. These properties appeal to tenants seeking affordable, adaptable, and hassle-free living arrangements that align with their lifestyles and requirements.

Many rooming houses are strategically situated in suburban areas, providing close proximity to transport, shopping centres, restaurants, cafés, and community hubs, making them an attractive choice for tenants.

Typical rooming house tenants include young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who prioritise convenience, connectivity, and collaboration.

For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and future-focused investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the growing demand for affordable and flexible housing solutions in urban settings.

Additionally, rooming house properties often boast stronger capital growth potential due to their prime locations with access to transport, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

• High Demand: Rooms are in strong demand, ensuring quicker occupancy.
• Higher Yields: Often double the suburb average.
• Diverse Tenant Base: Young professionals and older singles commonly seek this style of accommodation.
• Tax Depreciation: Potential benefits from fixtures and fittings.
• Income Security: Steady income flow even when one tenant moves out.