Lot 1141 Wynnum QLD

Description

This modern rooming house property in Wynnum, QLD, delivers five self-contained studios designed for strong rental appeal and low-maintenance ownership. Each studio offers privacy through high-density acoustic insulation, digital entry, and its own air conditioning system. Full turnkey inclusions cover solar installation, landscaping, driveway, and fencing allowances, ensuring the property is ready for tenants upon completion. Energy efficiency is enhanced by a 13 kW solar system, while compliance with Class 1B legislation ensures long-term peace of mind. Build size is 236 m2 on a 300 m2 allotment, supporting high-yield rental performance.

Suburb profile:

Wynnum is a sought-after bayside suburb in Brisbane, offering a relaxed coastal lifestyle just 300 metres from Wynnum North train station and within walking distance of local shops and the esplanade. Its strong transport links and proximity to amenities make it a desirable area for tenants and investors alike, ensuring consistent occupancy levels and robust rental demand.

Inclusions:

• Full turnkey allowance including solar, landscaping, driveway and fencing.
• High-density wall insulation to each studio for acoustic performance.
• Quality three-coat paint system and solid-core entry doors to studios.
• Wardrobes with sliding mirrored doors, shelving and hanging rail.
• Tiled shower niches and vitreous china toilet suites to bathrooms.

Site Inclusions - Site Works, Foundations & Connections:

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

Preliminary Inclusions:

• Fixed price inclusion list.
• Four colour selection schemes curated by an interior designer.

Internal Inclusions:

• Flush panel solid-core doors to studio entries.
• Sliding mirrored wardrobes with internal shelving.
• Two ceiling fans per studio plus one in the common area.
• Tiled shower niches and vitreous china toilet suites.

External Inclusions:

• Barrier safety screens to openable windows and sliding doors.
• Block-out roller blinds to openable windows and block-out verticals to sliding glass doors.

Landscaping Inclusions:

• Approximately 120 m2 landscaping and about sixty lineal metres of fencing.

Electrical Inclusions:

• Six digital door locks with BLE and Wi-Fi connectivity.
• Reverse-cycle split-system air conditioner to each studio.
• Emergency lighting and hard-wired smoke detectors with battery backup, compliant with current legislation.

Furniture Pack Inclusions:

• Optional furniture package available for $30,000, fully installed and tenant-ready.
• Five 40-inch smart TVs and five 223 L fridge/freezers.
• Two top-load washing machines.
• Bedroom and living furniture for five studios, common-area furnishings, appliances, crockery and cutlery.

Energy Efficiency:

• 13 kW photovoltaic solar system.
• WELS-rated mixers and ABS shower heads.

Warranties:

• Truecore steel frame and trusses backed by a 50-year structural warranty.
• One-year materials and workmanship guarantee from practical completion.

This rooming house property offers a well-balanced combination of strong returns, low vacancy risk, and fully turnkey inclusions, making it a solid investment choice for SMSF buyers seeking reliable long-term income potential.

Single-person households are on the rise, accounting for around 25% of all Australian households and projected to grow to over 3 million within two decades. This shift fuels the demand for housing tailored to individual occupants. Rooming house properties provide private studios with ensuite bathrooms and kitchenette facilities, appealing to tenants seeking affordable and flexible living arrangements. Located near transport, shops, and the esplanade, Wynnum’s rooming house market supports sustained occupancy and high yield for investors.

• High Demand: Rooms are in constant demand, ensuring quick occupancy.
• Higher Yields: Typically double the suburb average.
• Diverse Tenant Base: Young professionals and older singles generally seek this category.
• Tax Depreciation: Significant benefits from fixtures and fittings.
• Income Security: Steady income flow even when one tenant moves out.