Lot 1170 Darra QLD

Description

This impressive rooming house property in Darra QLD offers a high-performing investment opportunity with five private studios, ensuite facilities, and modern turnkey inclusions. Each studio provides comfort, privacy, and convenience, while shared areas enhance functionality and appeal. Positioned close to major transport links, services, and employment districts, this property is ideal for investors seeking strong rental yields and long-term demand.

Suburb profile:

Darra is a well-established suburb in South-West Brisbane, known for its accessibility, transport connectivity, and proximity to employment hubs. It features a mix of residential, commercial, and industrial zones that attract a diverse tenant base. With local amenities including shops, schools, parks, and rail connections, it offers a convenient lifestyle. Darra continues to show growing rental demand, making it an attractive location for high-yield investment properties.

Inclusions:

• Fixed price inclusion list
• Full turnkey: solar, landscaping, driveway, and fencing allowances
• High-density wall insulation to internal perimeter walls
• Flush panel solid core door for each studio
• Quality Dulux 3-coat paint system
• Emergency lighting and smoke alarm compliant with Class 1B legislation
• 13kW photovoltaic solar system
• Hard-wired smoke detectors with battery backup
• Sliding mirror wardrobes with shelving
• Tiled shower niche in all showers
• Concrete to driveway, crossover, car parking, patios, and paths
• Block out roller blinds and vertical blinds
• 120m fencing and 120m² landscaping
• WELS rated chrome plated brass mixers
• ABS shower heads
• Vitreous China toilet suites

Internal Inclusions:

• Reverse cycle split system air-conditioner in each studio
• Digital door locks with BLE and WiFi functionality
• Ceiling fans in bedrooms, living rooms, and common area

Furniture Pack Inclusions:

• Optional: 5 Smart TVs, 5 Fridge/Freezers
• 2 top-load washing machines
• Studio bedroom and living furniture
• Common area furniture and cleaning appliances
• Cooking, crockery, and cutlery items

Energy Efficiency:

• 13kW solar system
• High-density insulation

Warranties:

• 50-year structural frame warranty
• 1-year material and workmanship guarantee

This rooming house property presents a strong investment choice, combining excellent rental returns, private studio accommodations, and sustained tenant demand in a strategic 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.