Lot 1162 Morningside QLD

Description

This modern rooming house property in Morningside offers five self-contained studios, each designed for comfort and privacy. It delivers strong rental performance with a projected weekly income of $2,800. The home spans 236 square meters on a 422 square meter allotment and includes two car spaces. The Glebe floor plan supports efficient use of space while remaining appealing to a wide tenant base.

Suburb profile:

Morningside is one of Brisbane’s most in-demand inner suburbs. It offers quick access to the CBD and a mix of lifestyle amenities that attract professionals and students. The suburb features public transport options, supermarkets and cafés within minutes. Residents enjoy a balance of urban convenience and suburban comfort. Its strong rental appeal continues to grow with rising demand for well located housing.

Inclusions:

• Truecore steel frame and trusses with a 50-year structural warranty
• Fixed price inclusion list
• Exclusive rooming house builder specifications
• 1 year material and workmanship guarantee from practical completion
• 4 colour selection schemes by an interior designer
• High density wall insulation to studio perimeter walls for acoustic performance
• Flush panel solid core entry door for each studio
• Quality Dulux 3 coat paint system
• 6 digital door locks with BLE and WiFi capability
• 1 reverse cycle split system air conditioner to each studio
• Emergency lighting and smoke alarms compliant with Class 1B
• 13kW photovoltaic solar system
• Hard wired smoke detectors with battery backup
• Sliding mirrored wardrobe doors with shelving and rail storage
• 2 ceiling fans per studio and 1 ceiling fan in the common area
• Barrier safety screens to all openable windows and sliding doors
• Tiled shower niche in all showers
• Concrete driveway, crossover, parking, patios, clothesline pads and paths
• Block out roller blinds to openable windows and vertical blinds to sliding doors
• 120 square meters of landscaping and 60 linear meters of fencing
• WELS rated chrome plated mixers
• ABS shower heads on chrome rails
• Vitreous china toilet suites in each bathroom

Furniture Pack Inclusions:

• Optional furniture package for $30,000 fully installed
• 5 LED smart TVs
• 5 refrigerator and freezer units
• 2 top load washing machines
• Studio bedroom and living furniture for all 5 studios
• Common area furniture and cleaning appliances
• All appliances, cooking items, crockery and cutlery

This rooming house property presents a strong yield and long term demand, making it a compelling investment choice in a high growth Brisbane location.

Single person households are rising across Australia. This strengthens the need for well designed individual living spaces. Rooming house properties meet this demand by providing private rooms with ensuite bathrooms and often personal living or kitchenette areas that resemble compact apartment style layouts.

These homes suit tenants who want affordable, flexible and low maintenance living. Many of these properties sit in suburban areas that offer quick access to transport, shopping and lifestyle hubs. They also appeal to professionals, students, remote workers and older singles who value convenience and privacy.

Investors benefit from high rental yields and low vacancy due to steady demand. Rooming houses tend to outperform traditional rental homes with better consistency of income and reduced turnover. Their locations often support strong long term capital growth due to proximity to transport, employment and education hubs.

Why are rooming houses attractive to investors?

• High demand for rooms ensures quick occupancy
• Rental yields often double suburb averages
• Diverse and stable tenant profiles
• Strong tax depreciation benefits
• Income stability even when one room becomes vacant