Lot 1057 Aspley QLD

Description

This stunning rooming house property located in Aspley, QLD offers a premium investment opportunity with exceptional returns. Featuring five self-contained studios, each designed for privacy and comfort, the property includes modern amenities and high-quality finishes throughout. It comes fully turnkey with landscaping, solar, fencing, and driveways included—ensuring a low-maintenance and high-performing asset. With a projected weekly rental income of $2,210 and an estimated return on investment of 8.71%, this is an ideal choice for those looking to grow their portfolio.

Suburb profile:

Aspley is a well-established suburb in Brisbane’s northern corridor, just 15.6 km from the CBD and only 3 km from the major retail hub, Westfield Chermside. With convenient access to public transport, local parks, schools, and shopping centres, Aspley appeals to both professionals and students seeking affordable and connected living. Its proximity to Brisbane’s employment zones makes it a strong performer for rental demand. Aspley’s continued growth, strong infrastructure, and desirable amenities make it an ideal location for investment.

Inclusions:

• Full turnkey package including solar, landscaping, driveway, and fencing
• Fixed price inclusion list
• 4 x colour selection options
• 6-year structural guarantee
• 1-year material and workmanship warranty

Site Inclusions - Site Works, Foundations & Connections:

• 120m² of landscaping and 60 lineal meters of fencing
• Concrete to driveway, crossover, car parking, patios, clothesline pads, and paths (where applicable)

Internal Inclusions:

• High-density wall insulation to internal perimeter walls of each studio
• Flush panel solid core entry doors to each studio
• Sliding mirrored wardrobes with aluminium frames, shelving and rails
• Smoke detectors hard-wired with battery backup
• 1 x reverse cycle split system air-conditioner per studio
• 2 x ceiling fans per studio (bedroom and living)
• 1 x ceiling fan in the common area
• LED lighting throughout
• 3-coat paint system

External Inclusions:

• Barrier safety screens to all openable windows and sliding glass doors
• Letterbox

Landscaping Inclusions:

• 2 x clotheslines

Electrical Inclusions:

• 6 x digital door locks
• 13kW photovoltaic solar system

Appliance Inclusions:

• WELS rated chrome plated brass mixers and ABS shower heads
• Vitreous China toilet suites
• Tiled shower niches
• Vanity units in each bathroom
• 2 x 250L electric hot water systems

Furniture Pack Inclusions:

• Optional $28,000 package fully installed and tenant-ready
• 5 x 40-inch LED Smart TVs
• 5 x 223L Fridge/Freezers
• 2 x top-load washing machines
• 5 studio bedroom and living furniture setups
• 1 x common area furniture with cleaning appliances
• All cooking appliances, crockery, and cutlery included

This rooming house property presents an excellent investment opportunity with strong cash flow, modern features, and high rental demand in a sought-after Brisbane suburb.

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.