Lot 1071 Zillmere, Brisbane QLD

Description

This Rooming House Package offers a high-yield investment opportunity with a fixed-price turnkey solution, including landscaping, solar, fencing, and driveways. Located in Zillmere, the property features five self-contained studios with high-quality inclusions and is compliant with modern acoustic, energy, and safety standards.

Suburb profile:

Zillmere is a suburban area in Brisbane known for its affordability, strong rental demand, and proximity to key amenities. It provides easy access to public transportation, shopping centers, and schools, making it a popular choice for families and professionals alike.

Site Inclusions - Site Works, Foundations & Connections:

• Concrete driveways, crossover, car parking, patios, and paths.
• Landscaping and fencing allowances for 120m2 and 60 lineal meters.

Preliminary Inclusions:

• Fixed-price turnkey contract with optional SMSF eligibility.
• 6-year structural guarantee and 1-year workmanship warranty.

Internal Inclusions:

• High-density acoustic insulation for each studio's internal perimeter walls.
• Solid core flush panel doors as studio entries.
• Block-out roller blinds and mirrored sliding wardrobe doors.
• Smoke detectors with battery backup.
• Reverse cycle air-conditioners and ceiling fans in studios and common areas.

External Inclusions:

• Barrier safety screens on windows and sliding doors.
• Tiled shower niches in all bathrooms.
• Block-out vertical blinds on sliding glass doors.
• Digital door locks for enhanced security.

Landscaping Inclusions:

• 120m2 landscaping with turf and garden beds.
• 2 clotheslines and letterbox included.

Electrical Inclusions:

• LED lighting throughout the house.
• 13KW photovoltaic solar system.
• Reverse cycle split system air conditioners for all studios.
• Ceiling fans in all studios and common areas.

Appliance Inclusions:

• Two 250L electric hot water systems.
• Vitreous China toilet suites.
• Cooking, washing, and refrigeration appliances provided.

Furniture Pack Inclusions:

• Fully installed for $28,000.
• Includes furniture for bedrooms, living areas, common spaces, and kitchens.
• Appliances, crockery, and cutlery provided for tenant readiness.

Energy Efficiency:

• 13KW solar system.
• High-density insulation to internal walls.
• Energy-efficient lighting and appliances.

Warranties:

• 6-year structural warranty.
• 1-year warranty on materials and workmanship from practical completion.

Other Details:

• Proximity to public transport (1.4km to Zillmere train station, 160m to bus stop).
• 16.8km from Brisbane CBD.

This high-yield turnkey Rooming House Package in Zillmere is a smart investment opportunity, combining modern amenities, energy efficiency, and excellent rental returns, ideal for investors or SMSF buyers.

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.