Lot S1085 Kuraby, Brisbane QLD

Description

This investment property in Kuraby, QLD, offers a high-yield rooming house package. It includes five individual studios designed for premium rental opportunities. Conveniently located near Brisbane CBD and local amenities, it ensures consistent rental demand.

Suburb Profile:

Kuraby is a family-friendly suburb located in Brisbane’s Southside. It offers a mix of residential living, excellent connectivity via trains and buses, proximity to schools, parks, and shopping centers, and is only 17 minutes from Brisbane CBD.

Internal Inclusions:

• High-density wall insulation to internal walls of each studio for acoustic transmission.
• Flush panel solid core doors as studio entry.
• Block-out roller blinds for windows.
• Block-out vertical blinds for sliding doors.
• Sliding mirror wardrobes.
• Smoke detectors.
• Reverse cycle split system air conditioners.
• Ceiling fans in studios and common area.
• LED lights.
• Tiled shower niches.
• Vanity units.
• Vitreous china toilet suites.

External Inclusions:

• Barrier safety screens for windows and doors.
• Concrete driveway, crossover, car parking areas, patios, clothesline pads, and paths where applicable.

Landscaping Inclusions:

• 120m² landscaping.
• 60 lineal meters of fencing included.

Electrical Inclusions:

• 6 digital door locks.
• 13kW photovoltaic solar system.
• WELS-rated mixers.

Appliance Inclusions:

• 2 x 250L electric hot water systems.

Upgraded Inclusions:

• Optional furniture package for $28,000, including everything from furniture to appliances such as TVs, refrigerators, washing machines, and crockery.

Furniture Pack Inclusions:

• 5 x 40-inch LED Smart TVs.
• 5 x 223L fridge/freezers.
• 2 x washing machines.
• Bedroom and living area furniture for 5 studios.
• Common area furniture.
• Cooking, crockery, and cutlery.

Energy Efficiency:

• 13kW photovoltaic solar system.

This high-yield rooming house package in Kuraby, QLD, offers a strong return on investment with premium inclusions and optional furniture package for ease of renting. Its strategic location ensures demand, making it a top investment choice.

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.