Lot S1091 Alexandra Hills QLD

Description

This rooming house package offers a high-yield investment opportunity with five studios, each capable of individual rental. Located in Alexandra Hills, QLD, it is close to essential amenities like Capalaba Central Shopping Centre and has easy access to Brisbane CBD. The property offers a fully turnkey solution, including premium inclusions and a furniture package option.

Suburb Profile:

Alexandra Hills is a family-friendly suburb located in the Redland City area, approximately 22km from Brisbane CBD. The area is known for its proximity to parks, shopping centers, and excellent transport options. It is ideal for investors looking for strong rental yields due to its connectivity and amenities.

Site Inclusions - Site Works, Foundations & Connections:

• Concrete to driveway, crossover, car parking, patios, clothesline pads, and paths (where applicable).

Internal Inclusions:

• High-density wall insulation to internal perimeter walls of each studio
• Flush panel solid core doors
• Block-out roller blinds to windows
• Sliding mirror wardrobes with melamine shelves
• Smoke detectors hard-wired with battery backup
• Reverse cycle split system air-conditioners to each studio
• Ceiling fans in bedrooms, living rooms, and common areas
• Tiled shower niches and vanity units in each bathroom

External Inclusions:

• Barrier safety screens to windows and sliding doors
• Letterbox

Landscaping Inclusions:

• 120m2 landscaping and 60 lineal meters of fencing

Electrical Inclusions:

• LED lights throughout
• 13kw photovoltaic solar system
• Digital door locks

Appliance Inclusions:

• Two 250L electric hot water systems

Upgraded Inclusions:

Furniture Pack Inclusions:

• 5 x 40-inch LED Smart TVs
• 5 x 223L Fridge/Freezer
• 2 x top-load washing machines
• Fully furnished bedroom and living area in each studio
• Fully furnished common area with cleaning appliances
• All appliances, cooking, crockery, and cutlery

Energy Efficiency:

• 13kw photovoltaic solar system

Warranties (provide full details of warranties):

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

This fully turnkey rooming house package in Alexandra Hills offers an excellent opportunity for investors, particularly SMSFs, with strong rental returns and high gross yield. Its premium inclusions and furniture package provide a ready-to-lease property for immediate returns.

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.