Lot 1099 Nudgee QLD

Description

This rooming house investment property in Nudgee, QLD, offers a high-yield opportunity with an 8.51% return on investment. Designed for investors, the fully turnkey package includes solar panels, landscaping, and premium interior finishes. The property consists of five self-contained studio apartments, each with individual amenities, making it an attractive rental option.

Suburb Profile:

Nudgee, located in Brisbane, QLD, is a sought-after suburb known for its connectivity and lifestyle appeal. The area offers proximity to essential amenities, including shopping centers, schools, and parks. It is just 20km from Brisbane CBD and within walking distance of Nudgee Train Station, making it an excellent location for tenants looking for accessibility and convenience.

Internal Inclusions:

• High-density wall insulation to internal perimeter walls for acoustic transmission reduction
• Flush panel solid core doors for studio entry
• Quality Dulux 3-coat paint system
• Digital door locks (BLE & WiFi chips built-in)
• Reverse cycle split system air-conditioner to each studio
• Hard-wired smoke detectors with battery backup
• Barrier safety screens to all openable windows and sliding doors
• Sliding mirror wardrobe with built-in shelving
• Tiled shower niches in all bathrooms

External Inclusions:

• Concrete driveway, crossover, car parking, patios, clothesline pads, and paths
• Block-out roller blinds to all openable windows (excluding bathrooms)
• Block-out vertical blinds to all sliding glass doors

Landscaping Inclusions:

• 120m² of landscaping
• 60 lineal meters of fencing

Electrical Inclusions:

• Emergency lighting and smoke alarms compliant with Class 1B legislation
• 6 x digital door locks with smart technology

Appliance Inclusions:

• 13kW photovoltaic solar system (connection to provider by owner)
• WELS-rated chrome-plated brass mixers
• ABS shower heads on chrome-plated rails
• Vitreous China toilet suites in each bathroom

Optional furniture package for $28,000.00 fully installed & 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 (bedroom and living area furniture)
• 1 x common area furniture set, including cleaning appliances
• All appliances, cooking, crockery, and cutlery

Energy Efficiency:

• 13kW photovoltaic solar system
• Ceiling fans in all studios (one in the bedroom and one in the living room)
• Ceiling fan in the common area

Warranties:

• Truecore® steel frame & trusses backed by a BlueScope 50-year structural warranty
• 1-year material and workmanship guarantee from practical completion

This high-yield rooming house investment in Nudgee, QLD, offers a fully turnkey package with premium inclusions, making it an ideal choice for investors seeking strong rental returns. With its strategic location and fully equipped living spaces, this property ensures long-term tenant demand and attractive investment potential.

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.