Lot 1057 Aspley QLD

Description

This high-yield rooming house property in Aspley, QLD, presents a rare opportunity for savvy investors. Featuring 5 self-contained studios, each with private amenities and modern inclusions, this fully turnkey package is designed for strong cash flow. Located just 3km from Westfield Chermside and under 16km to Brisbane CBD, the home offers both immediate rental appeal and long-term capital growth potential. Positioned in a growth corridor with high tenant demand, this property is ideal for SMSF and long-term investors alike.

Suburb profile:

Aspley is a thriving residential suburb located in Brisbane’s north, known for its proximity to major shopping precincts and public transport. With direct access to the CBD, Aspley is favoured by young professionals and downsizers seeking convenience without sacrificing lifestyle. The suburb features leafy streets, reputable schools, and vibrant community spaces. Strong rental yields and low vacancy rates make it an ideal choice for investors looking to maximise returns in a mature, in-demand market.

Inclusions:

• Full turnkey package including solar, landscaping, driveway, and fencing
• Reverse cycle split system air-conditioning to each studio
• Block-out roller blinds and vertical blinds
• Ceiling fans to all studios and common area
• LED lights throughout
• 6 x digital door locks for added security
• Tiled shower niches and modern bathroom vanities

Site Inclusions - Site Works, Foundations & Connections:

• Concrete driveway, crossover, car parking, patios, clothesline pads and paths
• High-density wall insulation to internal perimeter walls of each studio

Internal Inclusions:

• Flush panel solid core doors to each studio
• Mirror sliding wardrobes with shelving and hanging rails
• Smoke detectors hard-wired with battery backup
• Vitreous China toilet suites in each bathroom

Landscaping Inclusions:

• 120m² of landscaping and 60 lineal meters of fencing
• 2 x clotheslines
• Letterbox

Electrical Inclusions:

• 13kW photovoltaic solar system

Appliance Inclusions:

• WELS rated chrome plated brass mixers and ABS shower heads

Energy Efficiency:

• 13kW solar system for reduced utility costs

Warranties:

• 6-year structural guarantee
• 1-year workmanship and materials warranty

This rooming house property in Aspley delivers exceptional value and rental performance, ideally suited for SMSF or portfolio-focused investors looking for a high-yielding, low-maintenance asset.

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 prioritize 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 Tenant Base: Young professionals and older singles generally seek this accommodation category.
• Tax Depreciation: Benefits from fixtures and fittings.
• Income Security: Steady income flow even when one tenant moves out.