Lot 1231, The Gap QLD

Description

Discover the best of modern living with this Rooming House in The Gap. Offering 5 bedrooms, 5 bathrooms and 3 car space/s, it has been designed for comfort, ease of living and long-term durability. From its thoughtful layout to its low-maintenance features, this property makes everyday living simple and rewarding. Perfect for investors, it also provides lifestyle appeal for those seeking a place to call home. It's a versatile choice that ticks every box.

Suburb profile:

The Gap is one of Brisbane’s most sought-after leafy suburbs, offering a peaceful lifestyle just 8 kilometres from the CBD. Renowned for its highly regarded schools, expansive parklands, and easy access to public transport, The Gap attracts both families and professionals seeking convenience and natural surroundings. Residents enjoy proximity to The Gap Village Shopping Centre, walking trails within D'Aguilar National Park, and a range of sporting and recreational facilities. Strong owner-occupier demand, limited land supply, and its premium inner-west location continue to support long-term capital growth and solid rental appeal. Investors are drawn to The Gap for its combination of lifestyle benefits, infrastructure, and enduring market performance.

Inclusions:

• Truecore steel frame and trusses with long-term structural confidence, fixed-price inclusions and an exclusive rooming-house focused specification
• One year material and workmanship guarantee from practical completion
• Professional interior design with four colour schemes and a quality three-coat paint system
• High-density acoustic insulation to internal perimeter walls of each studio and solid-core entry doors to each studio
• Mirrored sliding wardrobes with shelving and rails to studios
• Compliance features for Class 1B rooming requirements including emergency lighting and compliant smoke detection

Site Inclusions-Site Works, Foundations & Connections:

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

Preliminary Inclusions:

• Fixed-price inclusion list for cost certainty
• Contract documentation aligned to industry standards and processes
• Builder-led colour selection process with curated interior schemes

Internal Inclusions:

• High-density acoustic insulation to studio perimeters and solid-core studio entry doors
• Mirrored sliding robes with melamine shelving banks, overhead shelves and hanging rail
• Tiled shower niches to all showers
• WELS-rated chrome-plated brass mixers, ABS shower heads on rails and vitreous china toilet suites
• Block-out roller blinds to openable windows excluding bathrooms

External Inclusions:

• Barrier safety screens to all openable windows and sliding glass doors
• Block-out vertical blinds to sliding doors

Landscaping Inclusions:

• Approx. 120 m² of landscaping allowance for a neat, low-maintenance finish
• Approx. 60 lineal metres of fencing allowance for privacy and boundary definition

Electrical Inclusions:

• Digital door locks with integrated BLE and Wi-Fi for secure, keyless access
• Reverse-cycle split-system air-conditioner to each studio
• Two ceiling fans per studio, plus one to the common area
• Hard-wired smoke detectors with battery backup and emergency lighting to suit Class 1B compliance

Furniture Pack Inclusions:

• Optional furniture package available at additional cost, typically covering bedroom and living furniture for each studio, common-area furnishings and essential appliances such as TVs, fridge/freezers and washing machines

Energy Efficiency:

• Approx. 13 kW photovoltaic solar system installed, with connection to provider arranged by the owner

Warranties:

• Structural confidence supported by recognised long-term steel frame warranties
• One year material and workmanship guarantee from practical completion

This Rooming House in The Gap delivers a combination of modern comfort and investment strength. Its thoughtful design and strategic location make it a valuable option for buyers seeking both performance and practicality. An opportunity worth considering.

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 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 similar 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 close proximity to transport, shopping centres, restaurants, cafés, and community hubs, making them an attractive choice for tenants.

Typical rooming house tenants include young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who prioritise convenience, connectivity, and collaboration.

For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and future-focused investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the growing demand for affordable and flexible housing solutions in urban settings.

Additionally, rooming house properties often boast stronger capital growth potential due to their prime locations with access to transport, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

• High Demand: Rooms are in strong demand, ensuring quicker occupancy.
• Higher Yields: Often double the suburb average.
• Diverse Tenant Base: Young professionals and older singles commonly seek this style of accommodation.
• Tax Depreciation: Potential benefits from fixtures and fittings.
• Income Security: Steady income flow even when one tenant moves out.