Lot 1127 Manly West QLD

Description

This rooming house property in Manly West QLD offers a premium turnkey investment opportunity with five individual studios, each designed for comfort and privacy. Featuring a build size of 232m² on a 405m² block, the home includes full turnkey inclusions such as solar, landscaping, driveway, and fencing allowances. The property delivers a strong yield potential with a rental return of $2,220 per week across the entire house, making it an attractive choice for investors seeking high returns and long-term growth.

Suburb profile:

Manly West is a well-connected suburb in Brisbane’s eastern corridor, located close to the Manly boat harbour and vibrant esplanade. The area offers boutique shops, cafes, restaurants, and excellent transport options, including proximity to the train station. Popular with both families and professionals, Manly West combines coastal lifestyle appeal with convenient city access, supporting strong demand for rental accommodation.

Inclusions:

• Full turnkey package including solar, landscaping, driveway, and fencing allowances
• Exclusive rooming house builder with fixed price inclusion list
• High-density wall insulation to internal perimeter walls of each studio
• Emergency lighting and smoke alarms to comply with Class 1B legislation

Internal Inclusions:

• Plasterboard flush panel solid core entry doors to each studio
• Dulux 3-coat paint system
• Reverse cycle split system air-conditioner in each studio
• Sliding mirror wardrobes with shelving and overhead storage
• Ceiling fans in bedrooms and living areas
• Tiled shower niches and vitreous china toilet suites in all bathrooms

External Inclusions:

• Barrier safety screens to windows and glass doors
• Concrete driveway, crossover, patios, clothesline pads, and paths
• Block out roller blinds to windows and vertical blinds to sliding doors

Landscaping Inclusions:

• 120m² of landscaping
• 60 lineal metres of fencing included

Electrical Inclusions:

• 6 x digital door locks with BLE & Wi-Fi chips built-in
• Hard-wired smoke detectors with battery backup
• 13kW photovoltaic solar system (owner to connect)

Energy Efficiency:

• Truecore® steel frame with BlueScope 50-year structural warranty
• 13kW solar system installed

Warranties:

• 1-year material and workmanship guarantee from practical completion
• BlueScope 50-year structural warranty

This rooming house property is a high-yield, low-risk investment option with strong rental demand and long-term capital growth potential in a sought-after Brisbane location.

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.