Lot S1094 Birkdale, QLD

Description

 This high-yield rooming house package in Birkdale, QLD, offers a fully turnkey investment solution with premium inclusions and optional furniture packages for tenant-ready functionality. Located near shopping centers, transport, and the waterfront, this property promises convenience and strong rental returns.

Suburb profile:

Birkdale is a sought-after suburb in the Brisbane region, known for its family-friendly atmosphere and proximity to the beautiful waterfront. The suburb offers excellent transport links, local amenities, and recreational opportunities, making it a popular choice for tenants and investors alike.

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price inclusion list.
• Site works and all standard construction costs included.

Internal Inclusions:

• Truecore® steel frame and trusses with a 50-year structural warranty.
• High-density wall insulation for acoustic performance.
• Solid core doors to each studio.
• Dulux 3-coat paint system.
• Reverse cycle split system air-conditioner in each studio.
• Tiled shower niches and quality bathroom fittings.

External Inclusions:

• Concrete driveway, crossover, car parking, patios, and clothesline pads.
• Barrier safety screens for windows and sliding doors.
• Block-out blinds for windows and vertical blinds for glass doors.

Landscaping Inclusions:

• 120m² of landscaping.
• 60 linear meters of fencing.

Electrical Inclusions:

• 13kW photovoltaic solar system (connection by owner).
• Digital door locks with BLE and Wi-Fi capability.
• Emergency lighting and smoke alarms compliant with Class 1B legislation.

Appliance Inclusions:

• Hard-wired smoke detectors with battery backup.

Furniture Pack Inclusions:

• 5 x 40-inch LED Smart TVs.
• 5 x 223L fridge/freezer units.
• 2 top-load washing machines.
• Bedroom and living furniture for all studios.
• Common area furniture, appliances, crockery, and cutlery.

Energy Efficiency:

• High-efficiency 13kW solar system.

Warranties:

• 50-year structural warranty for steel frame and trusses.
• 1-year material and workmanship guarantee.

Conclusion:

This turnkey rooming house investment package in Birkdale, QLD, is an outstanding opportunity for investors, offering premium inclusions, excellent rental returns, and a prime location close to transport and local amenities.

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.