Lot 100 Zillmere, Brisbane QLD

Description

This is a full turnkey rooming house package with high investment potential, designed for five studio accommodations each with individual amenities, and is SMSF-friendly with a one-part contract. The property includes solar, landscaping, driveway, and fencing allowances.

Suburb profile:

Zillmere is a suburban area located within the city of Brisbane, Queensland, approximately 16.8km north of Brisbane's central business district. The area is well-connected, with access to public transport including a nearby train station and bus stops, and provides a mix of residential and commercial amenities.

Site Inclusions - Site Works, Foundations & Connections:

• Concrete to driveway, crossover, car parking, patios, clothesline pads, and paths where applicable.

Internal Inclusions:

• High-density wall insulation for each studio’s internal perimeter walls
• Solid core doors
• Block-out roller and vertical blinds
• Barrier safety screens
• Mirror-finished wardrobes
• Reverse cycle split system air conditioners
• Ceiling fans in each studio and common area
• Smoke detectors
• 3-coat paint system

External Inclusions:

• 13kW photovoltaic solar system

Landscaping Inclusions:

• 120m² landscaping
• 60 lineal meters of fencing

Electrical Inclusions:

• LED lights throughout
• Hard-wired smoke detectors with battery backup

Appliance Inclusions:

• Each studio equipped with a 40-inch LED Smart TV
• 223L fridge/freezer
• Two top-load washing machines for the property
• All required appliances, crockery, and cutlery

Furniture Pack Inclusions:

• Fully installed furniture package, tenant-ready
• Bedroom and living area furniture for five studios
• Common area furniture
• Cleaning appliances
• Optional furniture package for $28,000 includes a complete setup for tenants, covering everything from furniture to cutlery.

Energy Efficiency:

• 13kW photovoltaic solar system installed for energy efficiency

Build Time Frame:

• High-set Build 12 Weeks Site + 34 Weeks Build = 46 Weeks

This high-yield rooming house package offers investors a full turnkey solution with quality inclusions and furniture, designed for rental-ready occupancy. Its location in Brisbane's northern suburbs provides easy access to transport and amenities, making it an attractive investment opportunity.

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 a 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 akin 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 proximity to transportation, shopping centers, restaurants, cafes, and community hubs—making them an enticing choice for tenants.

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

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

Additionally, rooming house properties often boast higher capital growth potential, given their prime locations with access to transportation, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

- High Demand, rooms are in high demand, ensuring quick occupancy.

- Higher yields, often double compared to the suburb average.

- Diverse young professionals and older singles generally seek this accommodation category.

- Tax depreciation benefits from fixtures and fittings.

- Income security, with income flow even when one tenant moves out. 

The house render is for display purposes only and may not represent the actual property as shown on the floor plan.