Lot 1112 Bald Hills QLD

Description

This rooming house property in Bald Hills, QLD, offers a high-yield investment opportunity with 5 bedrooms, 5 bathrooms, and 6 parking spaces. Spanning a generous 1048sqm block with a 173sqm build, the property is fully turnkey and designed for comfort and efficiency. It generates an impressive $2,125 in weekly rent and boasts an 8.61% return on investment, making it ideal for SMSF investors seeking stable income and long-term capital growth.

Suburb profile:

Bald Hills is a northern Brisbane suburb known for its family-friendly environment, access to public transport, and proximity to major commercial and retail hubs. It offers a blend of residential tranquility and connectivity, being just 21km from Brisbane CBD. The area features parks, reputable schools, and growing infrastructure, making it increasingly attractive to tenants and investors alike.

Inclusions:

• Full turnkey solution including landscaping, driveway, and fencing
• High-density acoustic wall insulation between studios
• Reverse cycle air-conditioning in every studio
• Digital door locks with BLE & WIFI chips on all entries
• Emergency lighting and hard-wired smoke detectors
• Block-out roller and vertical blinds throughout

Site Inclusions - Site Works, Foundations & Connections:

• Concrete driveway, crossover, parking bays, and outdoor areas
• 120m² of landscaping and 60 lineal metres of fencing included

Internal Inclusions:

• Tiled shower niches in all bathrooms
• Flush panel solid core doors to each studio
• Sliding mirrored wardrobes with shelving and rails
• Quality Dulux 3-coat paint system
• Ceiling fans in bedrooms and living areas

External Inclusions:

• Barrier safety screens to all windows and sliding doors

Electrical Inclusions:

• 13kW photovoltaic solar system (provider connection required)
• Emergency lighting compliant with Class 1B requirements

Appliance Inclusions:

• WELS-rated chrome mixers and ABS shower heads
• Vitreous China toilet suites in each bathroom

Energy Efficiency:

• 13kW solar power system for reduced utility costs
• High-efficiency insulation and ceiling fans for climate control

Warranties:

• 50-year BlueScope Truecore steel frame warranty
• 1-year workmanship and materials guarantee

This rooming house property is a standout investment offering premium inclusions, strong rental returns, and eligibility for SMSF 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 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.