Lot Brighton, Brisbane QLD

Description

This property is a Rooming House Package located in Brighton, QLD. It offers five fully furnished studios, each with its own bathroom and living space. The property comes with an optional furniture package and is tenant-ready, making it an attractive investment opportunity with a high return on investment.

Suburb profile:

Brighton, a coastal suburb in Brisbane, QLD, is known for its relaxed atmosphere and proximity to Sandgate train station, providing easy access to the Brisbane CBD. The suburb offers a variety of cafes, bars, and restaurants, making it an appealing location for residents.

Internal Inclusions:

• High-density wall insulation for acoustic transmission
• Flush panel solid core doors to each studio
• Block out roller blinds to all openable windows
• Block out vertical blinds to sliding glass doors
• Safety screens to all openable windows and sliding doors
• Sliding mirrored wardrobes with shelving and hanging rails
• Smoke detectors with battery backup
• Reverse cycle split system air-conditioners in each studio
• Vitreous China toilet suites
• Tiled shower niches
• LED lights throughout
• Ceiling fans in bedrooms and living rooms

External Inclusions:

• 13kW photovoltaic solar system
• Barrier safety screens to all openable windows and sliding glass doors

Landscaping Inclusions:

• 120m² of landscaping
• 60 lineal meters of fencing
• Concrete driveway, crossover, car parking, patios, clothesline pads, and paths

Appliance Inclusions:

• WELS rated chrome mixers and ABS shower heads
• Two 250L electric hot water systems

Furniture Pack Inclusions:

Optional furniture package for $28,000 fully installed and tenant-ready.

• Five 40-inch LED Smart TVs
• Five fridge/freezer units
• Two top-load washing machines
• Fully furnished bedrooms and living areas in all studios
• Common area furniture and appliances
• Complete set of crockery, cutlery, and cooking appliances

Energy Efficiency:

• 13kW photovoltaic solar system

Warranties:

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

This Rooming House Package in Brighton, QLD, offers a fully furnished, tenant-ready property ideal for investors seeking a high rental yield. With modern inclusions and an optional furniture package, this property ensures minimal setup for new tenants and a strong return on investment.

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.