Lot 1094 Birkdale QLD

Description

This brand new rooming house property in Birkdale, QLD offers an exceptional investment opportunity with high-yield potential and full turnkey inclusions. Featuring 5 individually leased studios, each with its own ensuite and living space, this property is designed for maximum rental return and minimal vacancy. With a projected weekly rental income of $2,160 and gross annual returns estimated at over $112,000, this property is ideal for SMSF investors seeking solid long-term performance.

Suburb profile:

Birkdale is a thriving bayside suburb in Redland City, Queensland, offering a mix of peaceful coastal living and urban convenience. Located just 25 km from Brisbane CBD, Birkdale is popular among families and professionals for its proximity to schools, transport, and lifestyle amenities. The suburb benefits from access to Moreton Bay, waterfront parks, and a well-connected train line, making it a sought-after location for both residents and investors. Birkdale continues to attract strong demand due to its lifestyle appeal and development potential.

Inclusions:

• Full turnkey package including landscaping, driveway, and fencing
• High-density internal insulation for acoustic control
• Each studio with ensuite, solid core door, and digital door locks
• Reverse-cycle air conditioner in each studio
• Smoke alarms and emergency lighting compliant with Class 1B legislation
• Block-out blinds and vertical blinds throughout
• 60 lineal meters of fencing and 120m² of landscaping included

Site Inclusions - Site Works, Foundations & Connections:

• Concrete to driveway, car parks, patios, clothesline pads, and crossover

Internal Inclusions:

• Sliding mirrored wardrobes with internal shelving
• Quality Dulux 3-coat paint system
• 2 ceiling fans per studio (bedroom and living)
• Common area ceiling fan

External Inclusions:

• Barrier safety screens to all windows and sliding doors

Landscaping Inclusions:

• 120m² of landscaping
• 60 lineal metres of fencing

Electrical Inclusions:

• 13kW photovoltaic solar system (connection by owner)
• Hardwired smoke detectors with battery backup

Energy Efficiency:

• Truecore® steel frame backed by BlueScope 50-year warranty
• High-efficiency split system A/Cs and fans

Warranties:

• 1-year material and workmanship warranty
• 50-year structural warranty on steel frame

This high-performing rooming house property in Birkdale offers investors an opportunity to secure a high-yield, low-vacancy asset ideal for SMSF portfolios and long-term growth.

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.