Lot 1117 Lawnton QLD

Description

This is a full turnkey rooming house investment package located in Lawnton, QLD 4501. The property features 5 self-contained studios, each with private amenities, within a 200m2 build on a 554m2 land. The projected weekly rental income is $2030, delivering a high return on investment. This opportunity includes optional furniture packages and is available with one-part contracts suitable for SMSF purchases.

Suburb profile:

Lawnton is a northern suburb of Brisbane in the Moreton Bay Region, Queensland. It offers convenient access to essential amenities such as Lawnton train station just 1.4km away, proximity to Westfield North Lakes, and major employment districts. Lawnton is considered a growing suburb with increasing demand for rental accommodation due to its strategic location and accessibility to Brisbane CBD.

Site Inclusions - Site Works, Foundations & Connections (if Site Inclusions provided otherwise leave it blank):

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

Preliminary Inclusions:

• Fixed price inclusion list
• One year material and workmanship guarantee from practical completion
• Membership with Housing Industry Association using the QC1 New Home Construction Contract
• Four colour selection schemes created by an interior designer

Internal Inclusions:

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

External Inclusions:

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

Landscaping Inclusions:

• 120m2 of landscaping and sixty lineal meters of fencing

Electrical Inclusions:

• Six digital door locks with BLE and WIFI chips
• Emergency lighting and smoke alarms to comply with Class 1B legislation
• Hard-wired smoke detectors with battery backup to comply with current legislation

Appliance Inclusions:

• One reverse cycle split system air-conditioner to each studio

Furniture Pack Inclusions:

• Optional furniture package for 28000 fully installed and tenant-ready
• Five 40 inch LED Smart TVs
• Five 223 litre fridge freezer units
• Two top-load washing machines
• Five studios of bedroom and living area furniture
• One set of common area furniture finishings and cleaning appliances
• All appliances cooking 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
• One year material and workmanship guarantee from practical completion

This rooming house investment offers a high-yield opportunity in Lawnton, QLD with a strong ROI and full turnkey finish. The package includes a comprehensive list of inclusions and optional furniture, ideal for SMSF investors seeking a hassle-free asset.

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.