Lot 76 Brighton, Brisbane QLD

Description

A rooming house package located in Brighton, QLD, 4017, with proximity to the water's edge, public transportation, and local shops. The property has a total build size of 236m2 on a 450m2 land, offering a high yield with potential for stable rental income. Optional furniture package is available to make the property tenant-ready, enhancing convenience for investors looking for a seamless setup.

Suburb profile:

Brighton is a coastal suburb in Brisbane, Queensland, known for its relaxed, community-oriented environment. It offers a mix of natural beauty, including access to the waterfront, and various local amenities such as shops and public transportation, making it a desirable location for both residents and investors.

Internal Inclusions:

• High-density wall insulation for acoustic transmission
• Solid core doors to each studio
• Block-out roller blinds and vertical blinds
• Hard-wired smoke detectors with battery backup
• Reverse cycle split system air conditioners in each studio
• Chrome-plated mixers and shower heads

External Inclusions:

• Barrier safety screens on windows and sliding doors
• Mirrored wardrobe doors
• Ceiling fans in each studio and common areas
• LED lights throughout
• 2 x 250L hot water systems

Landscaping Inclusions:

• 120m2 of landscaping
• 60 linear meters of fencing

Electrical Inclusions:

• 13kW photovoltaic solar system

Furniture Pack Inclusions:

• 5 x 40" LED Smart TVs
• 5 x 223L Fridge/Freezers
• 2 x washing machines
• Furniture for studios and common area
• Appliances, cooking essentials, crockery, and cutlery
• Optional furniture package for $28,000 includes a complete setup for tenants, covering everything from furniture to cutlery.

Build Time Frame:

• High-set Build 12 Weeks Site + 34 Weeks Build = 46 Weeks

This high-yield rooming house package in Brighton, QLD, offers strong rental potential and investment opportunities. The optional furniture package ensures the property is tenant-ready, adding to its appeal for investors.

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 priorities 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 young professionals and older singles generally seek this accommodation category.

- Tax depreciation benefits from fixtures and fittings.

- Income security, with income flow even when one tenant moves out.