Lot Alexandra Hills QLD

Description

This investment property in Alexandra Hills is a high-yield rooming house package designed to provide strong rental returns with multiple studios. It is equipped with a full turnkey solution, including solar panels, landscaping, and fencing, making it ready for immediate tenancy. Each studio is well-finished with durable and modern inclusions, catering to investors seeking attractive returns.

Suburb profile:

Alexandra Hills is a residential suburb in South East Queensland, close to essential amenities, public transport, and local facilities. Known for its family-friendly environment and community feel, the suburb offers a blend of convenience and lifestyle appeal, attracting both renters and homeowners alike.

Site Inclusions - Site Works, Foundations & Connections:

• Concrete driveway, crossover, car parking, patios, clothesline pads, and pathways (where applicable)

Internal Inclusions:

• High-density wall insulation for acoustic control in studios
• Solid core entry doors for each studio
• Block-out roller blinds for windows and block-out vertical blinds for sliding glass doors
• Smoke detectors hard-wired with battery backup

External Inclusions:

• Barrier safety screens for windows and sliding doors
• LED lights throughout
• 13 kW photovoltaic solar system

Landscaping Inclusions:

• 120 m2 landscaping and 60 lineal meters of fencing
• Letterbox

Electrical Inclusions:

• 1 reverse cycle split system air-conditioner in each studio
• Ceiling fans in each studio (bedroom and living room) and in common areas

Appliance Inclusions:

• WELS rated chrome-plated brass mixers and shower heads
• Vitreous China toilet suites
• Vanity units in each bathroom
• 2 x 250L electric hot water systems

Furniture Pack Inclusions:

• Optional furniture package including all essentials for tenant readiness, from bedroom and living room furniture to kitchen essentials, fully installed for $28,000

Energy Efficiency:

• 13 kW photovoltaic solar system for energy efficiency

Warranties

Warranties: 6-year structural guarantee and 1-year material and workmanship warranty from practical completion

This rooming house in Alexandra Hills is an excellent investment option, offering high returns and a fully turnkey package with all necessary amenities and energy-efficient features.

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. 

The house render is for display purposes only and may not represent the actual property as shown on the floor plan.