Lot 1112 Bald Hills QLD

Description

This is a Rooming House investment property located in Bald Hills, QLD 4036. It offers 5 self-contained studios with a total build size of 178m2 on a 1048m2 block. The property yields a rental income of 2,125 per week. The Brampton design is a full turnkey package with a fixed price, suited for high-yield investment and SMSF purchasers.

Suburb profile:

Bald Hills is a northern suburb of Brisbane, QLD, located approximately 21km from the Brisbane CBD. It is well-connected via the Bald Hills train station and in close proximity to Strathpine Shopping Centre, making it a convenient location for tenants and investors alike.

Site Inclusions - Site Works, Foundations & Connections:

• Concrete to driveway, crossover, car parking, patios, clothesline pads and paths
• 120m2 of landscaping and sixty lineal meters of fencing

Preliminary Inclusions:

• Fixed price inclusion list
• 1 year material and workmanship guarantee from practical completion

Internal Inclusions:

• High-density wall insulation to internal perimeter walls of each studio
• Flush panel solid core door to each studio
• Quality Dulux 3-coat paint system
• Sliding mirror finish with aluminium frame to wardrobes including 4 melamine shelves and 2 overhead melamine shelves with a single rail
• 2 ceiling fans in each studio bedroom and living room
• 1 ceiling fan in the common area
• Tiled shower niche for all showers
• Block out roller blinds to all openable windows
• Block out vertical blinds to all sliding glass doors
• WELS rated chrome plated brass mixers throughout
• ABS shower heads on chrome plated rails
• Vitreous China toilet suites in each bathroom

External Inclusions:

• Barrier safety screens to all openable windows and sliding glass doors

Landscaping Inclusions:

• 120m2 of landscaping
• Sixty lineal meters of fencing

Electrical Inclusions:

• 6 digital door locks with BLE and WIFI chips
• Emergency lighting and smoke alarms compliant with Class 1B legislation
• Hard-wired smoke detectors with battery backup

Appliance Inclusions:

• 1 reverse cycle split system air-conditioner per studio

Upgraded Inclusions:

• Truecore steel frame and trusses backed by BlueScope 50-year structural warranty
• 4 colour selection schemes created by an interior designer

Furniture Pack Inclusions:

• Optional 28,000 fully installed and tenant-ready package
• 5 x 40 inch LED Smart TVs
• 5 x 223L Fridge Freezers
• 2 x top-load washing machines
• Furniture for 5 studios including bedroom and living area furnishings
• 1 x common area furniture, cleaning appliances
• All appliances, cooking utensils, crockery and cutlery

Energy Efficiency:

• 13kW photovoltaic solar system connection to provider by owner

Warranties:

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

This Rooming House property in Bald Hills presents a fully turnkey, high-yield investment opportunity with excellent rental returns and suitability for SMSF structures. It comes with quality inclusions and a reputable builder delivering high standards.

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.