Lot 1091 Alexandra Hills QLD

Description

This is a Rooming House investment property located in Alexandra Hills, QLD. Designed for high rental yield, the property consists of multiple self-contained studio units, each equipped with modern amenities. The property is fully turnkey, including all essential fixtures, landscaping, fencing, and a solar system. It offers a strong return on investment, with a projected rental income of $108,630 annually.

Suburb Profile:

Alexandra Hills is a well-established suburb in the Redlands area of Queensland, approximately 22km southeast of Brisbane CBD. The suburb offers easy access to essential amenities, including shopping centers, schools, public transport, and recreational facilities. It is a popular residential area due to its affordability, strong rental demand, and proximity to major employment hubs.

Internal Inclusions:

• High-density wall insulation to internal perimeter walls of each studio for acoustic performance
• Flush panel solid core doors for each studio entry
• Block-out roller blinds for all openable windows (except bathrooms)
• Block-out vertical blinds for all sliding glass doors
• Barrier safety screens for all openable windows and sliding glass doors
• Sliding mirror finish wardrobes, including shelving and storage
• Hard-wired smoke detectors with battery backup
• Tiled shower niches for all showers
• Vanity units in each bathroom
• Vitreous China toilet suites in each bathroom
• 3-coat paint system

External Inclusions:

• Concrete driveway, crossover, car parking, patios, clothesline pads, and paths (where applicable)
• Letterbox

Landscaping Inclusions:

• 120m² of landscaping included
• 60 lineal meters of fencing included

Electrical Inclusions:

• 13kW photovoltaic solar system
• LED lights throughout
• Reverse cycle split system air-conditioner in each studio
• Ceiling fans in each studio (one in the bedroom, one in the living room)
• Ceiling fan in the common area
• 6 digital door locks

Appliance Inclusions:

• 2 x 250L electric hot water systems

Furniture Pack Inclusions:

Optional furniture package available for $28,000, fully installed and tenant-ready. The package includes:

• 5 x 40-inch LED Smart TVs
• 5 x 223L fridge/freezers
• 2 x top-load washing machines
• Fully furnished bedroom and living areas for each studio
• Common area furniture, finishings, and cleaning appliances
• All appliances, cooking essentials, crockery, and cutlery

Energy Efficiency:

• 13kW photovoltaic solar system

Warranties:

• 6-year structural guarantee
• 1-year material and workmanship guarantee from practical completion

This Rooming House property in Alexandra Hills is a high-yield investment opportunity, designed for optimal rental returns. With full turnkey inclusions, premium features, and the option for a complete furniture package, it provides a hassle-free investment suited for SMSF buyers and property investors.

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.