Lot 1076 Alexandra Hills QLD

Description

This is a fully turnkey rooming house investment property located in Alexandra Hills, QLD. It features a high rental yield, complete inclusions, and optional furniture packages. The property is designed to offer a modern living experience for tenants with high-quality finishes and practical layouts.

Suburb profile:

Alexandra Hills, located in the Redland City region, is a suburban area known for its proximity to Brisbane and access to local amenities, including schools, parks, and shopping centers. The suburb is family-friendly and offers a mix of residential housing styles, catering to diverse demographics.

Internal Inclusions:

• High-density wall insulation for acoustic transmission.
• Reverse cycle split system air-conditioners for each studio.
• Block-out roller blinds and vertical blinds.
• Ceiling fans in each studio and common area.
• Tiled shower niches and modern vanity units.

External Inclusions::

• Concrete driveway, crossover, car parking, patios, and pathways.

Landscaping Inclusions:

• 120m² of landscaping.
• 60 linear meters of fencing.

Electrical Inclusions:

• 13kW photovoltaic solar system.
• LED lighting throughout.

Appliance Inclusions:

• WELS-rated fixtures and fittings.
• 2x 250L electric hot water systems.

Furniture Pack Inclusions:

• Optional furniture package for $28,000 ensures tenant readiness, providing convenience for investors and high-quality living for tenants.
• 5x 40-inch LED Smart TVs, fridges, and furniture for each studio and common area.
• All kitchen appliances, crockery, and cleaning appliances.

Energy Efficiency:

• 13kW photovoltaic solar system.

Warranties:

• Six-year structural guarantee.
• One-year material and workmanship warranty.

This turnkey rooming house package in Alexandra Hills offers a strong investment opportunity with high rental yields and a comprehensive inclusion list, making it an ideal choice for SMSF investors and those seeking solid returns.

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.