Lot 1139 Darra QLD

Description

This full turnkey property in Darra, QLD, is a purpose-built Rooming House property. It features five bedrooms and five bathrooms across a spacious 218m² build size. Set on a 576m² lot, the design includes four parking spaces and is engineered for high-yield shared accommodation. This is an ideal asset for investors seeking a low-maintenance, high-performance rental property in a strategic Brisbane suburb.

Suburb profile:

Darra is a diverse and strategically located suburb of Brisbane, known for its strong transport links, including a dedicated train station and proximity to major arterial roads. This provides residents with convenient access to the Brisbane CBD and surrounding industrial and commercial hubs. The area features a mix of amenities, local shops, and parks, making it an attractive location for tenants seeking affordable and accessible living.

Inclusions:

• Fixed price inclusion list
• 4 x colour selection schemes created by an interior designer

Site Inclusions - Site Works, Foundations & Connections:

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

Internal Inclusions:

• Truecore® steel frame & trusses
• High-density wall insulation to internal perimeter walls of each 'studio'
• Flush panel solid core door for the entry to each studio
• Quality Dulux 3-coat paint system
• Sliding mirror finish with an aluminium frame to wardrobes
• Two ceiling fans in each studio and one to the common area
• Tiled shower niche for all showers
• Block out roller blinds to all openable windows excluding the bathrooms
• 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 x digital door locks with BLE & WIFI chips built in
• 1 x reverse cycle split system air-conditioner to each studio
• Emergency lighting and smoke alarm to comply with Class 1B legislation
• Hard-wired smoke detectors with battery backup

Furniture Pack Inclusions:

• An optional furniture package is available for an additional cost of $30,000.00, fully installed & tenant-ready.
• This package includes 5 x 40 inch LED Smart TVs, 5 x 223 Fridge/Freezers, 2 x top-load washing machines, furniture for 5 studios, common area furnishings, and all cooking, crockery and cutlery.

Energy Efficiency:

• 13kW photovoltaic solar system

Warranties:

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

This Rooming House property is purpose-built for shared accommodation and stands as a smart investment delivering strong rental potential and modern liveability.

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.