Lot 1096 Zillmere QLD

Description

This rooming house investment property is a full turnkey package located in Zillmere, QLD. Designed for high-yield rental returns. The property is positioned in a well-connected suburb, with proximity to public transport, parks, and essential amenities. Each studio is self-contained with premium inclusions, making it an attractive choice for investors seeking consistent rental income.

Suburb profile:

Zillmere is a northern suburb of Brisbane, approximately 17.3km from the CBD. It is well connected by transport, with a train station and bus routes providing easy access to the city and surrounding areas. The suburb has seen increasing demand for rental properties due to its affordability, accessibility, and proximity to employment hubs. Zillmere also offers local shopping, parks, and recreational facilities, making it an attractive location for tenants.

Internal Inclusions:

• High-density wall insulation to internal perimeter walls of each studio for acoustic transmission
• Flush panel solid core door as entry to each studio
• Block out roller blinds to all openable windows (excluding the bathrooms)
• Block out vertical blinds to all sliding glass doors
• Sliding mirror finish with an aluminum frame to wardrobes (including 4 x melamine shelves and 2 x overhead shelves with a single rail)
• WELS rated chrome-plated brass mixers throughout
• Vitreous China toilet suites in each bathroom
• Tiled shower niche for all showers
• Vanity units in each bathroom
• 3-coat paint system

External Inclusions:

• Barrier safety screens to all openable windows and sliding glass doors
• Concrete to driveway, crossover, car parking, patios, clothesline pads, and paths (where applicable)
• Letterbox

Landscaping Inclusions:

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

Electrical Inclusions:

• LED lights throughout
• Smoke detectors hard-wired with battery backup
• 6 x digital door locks
• 2 x ceiling fans in each studio (one in bedroom, one in living room)
• 1 x ceiling fan in the common area
• 13kw photovoltaic solar system

Appliance Inclusions:

• 1 x reverse cycle split system air-conditioner to each studio
• 2 x 250L electric hot water system

Optional furniture package for $28,000 fully installed and tenant-ready.

• 5 x 40-inch LED Smart TVs
• 5 x 223L Fridge/Freezers
• 2 x top-load washing machines
• 5 x fully furnished studios with bedroom and living area furniture
• 1 x 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 warranty from practical completion

Conclusion

This high-yield rooming house investment in Zillmere, QLD, presents a lucrative opportunity for investors seeking stable rental income. With strong rental demand, premium inclusions, and an 8.67% rental yield, this property is ideal for both individual investors and SMSF buyers looking for a well-located, fully managed property solution.

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.