Lot 1113 Thornlands QLD

Description

This brand-new rooming house property in Thornlands offers an exceptional investment opportunity with high rental yield and fully turnkey inclusions. Boasting 5 self-contained studios, each with private amenities, and modern communal spaces, this build is purpose-designed to meet the growing demand for flexible, high-occupancy accommodation. With proximity to transport, retail, and healthcare hubs, this property presents strong rental appeal and long-term growth potential. SMSF buyers can also benefit from the single-contract option.

Suburb profile:

Thornlands is a rapidly growing bayside suburb located in Redland City, Queensland. It combines the tranquillity of coastal living with convenient access to urban amenities, including major shopping centres, schools, and medical facilities. The area is known for its family-friendly environment, scenic parks, and strong community vibe. With increasing infrastructure investment and proximity to employment hubs, Thornlands continues to attract both homeowners and savvy investors alike.

Inclusions:

• Truecore steel frame & trusses with 50-year BlueScope structural warranty
• Fixed price inclusion list with 1-year material and workmanship guarantee
• Emergency lighting and smoke alarms to comply with Class 1B legislation
• 13kW photovoltaic solar system (connection by owner)
• WELS-rated chrome plated brass mixers and ABS shower heads

Site Inclusions - Site Works, Foundations & Connections:

• Concrete to driveway, crossover, car parking, patios, clothesline pads, and paths

Internal Inclusions:

• High-density wall insulation to internal perimeter walls of each studio
• Flush panel solid core doors to each studio
• Dulux 3-coat paint system
• Sliding mirror wardrobes with melamine shelving
• 2 ceiling fans per studio (bedroom and living room)
• Ceiling fan in common area
• Block-out roller blinds on openable windows
• Block-out vertical blinds on sliding glass doors
• Tiled shower niches in all showers

External Inclusions:

• Barrier safety screens to all openable windows and sliding doors

Landscaping Inclusions:

• 120m² of landscaping
• 60 lineal meters of fencing

Electrical Inclusions:

• 6 digital door locks with BLE & Wi-Fi chips
• Hard-wired smoke detectors with battery backup

Appliance Inclusions:

• Optional furniture package available (not included in price)

Energy Efficiency:

• 13kW solar system for energy cost savings

Warranties:

• 50-year steel frame warranty
• 1-year material and workmanship guarantee

This high-performing rooming house property is a standout investment, offering strong rental income, SMSF suitability, and a complete turnkey solution in a rapidly growing suburb.

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.