Lot S1 Aspley, Brisbane QLD

Description

This investment property, situated in Aspley, is a modern Rooming House offering five individual units. Each unit includes studio or one-bedroom accommodations with access to patios or balconies, catering to a diverse tenant base. With close proximity to Brisbane’s CBD, shopping, public transport, and recreational facilities, it offers both urban convenience and suburban comfort. This high-yield property promises a stable investment opportunity in a sought-after Brisbane suburb.

Suburb Profile:

Aspley, positioned approximately 13 km north of Brisbane's CBD, is a vibrant northern suburb with a blend of residential appeal and commercial amenities. It boasts excellent access to transport, shopping at the Aspley Hypermarket and nearby Westfield Chermside, and healthcare facilities. With low vacancy rates and strong demand, Aspley provides a balanced socio-economic profile, making it attractive for families, students, and professionals.

Build Time Frame:

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

Rooming House Properties

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.