Lot S603/603-50 Carl Street, Woolloongabba QLD

Description

This co-living property in Woolloongabba QLD is a rare completed investment opportunity featuring three bedrooms, each with its own private ensuite. With a total build size of 108m² and premium modern inclusions, this apartment is already furnished, some units leased, and backed by a 3-year rental guarantee. Strategically positioned within walking distance of hospitals, major universities, and The Gabba, it promises strong long-term rental demand. Ideal for SMSF buyers seeking a low-maintenance, high-yield investment in a tightly held urban precinct.

Suburb profile:

Woolloongabba is an inner-city suburb located just 2 km from Brisbane’s CBD, known for its excellent connectivity, vibrant lifestyle, and strong rental demand. The suburb boasts close proximity to top educational institutions, hospitals, and major sporting venues like The Gabba. With ongoing infrastructure upgrades and urban renewal, Woolloongabba continues to attract professionals and students alike. The area's growth prospects and walkability make it a hotspot for savvy property investors.

Woolloongabba – Co-Living Apartments

These newly built, fully furnished apartments are designed for co-living and offer an ideal opportunity for SMSF investors. With several units already leased and high rental demand, this property delivers immediate income potential.

Key Features:

• Fully constructed and furnished
• Some units already leased
• Every bedroom includes a private ensuite
• Estimated rental income: $400–$450 per room
• 3-bedroom units returning $62,400–$70,200 p.a.
• Includes a 3-year rental guarantee at 5% p.a.

Location Highlights:

• 10 minutes to Brisbane CBD
• 3 universities within 8 minutes
• Hospital within 5 minutes’ walk
• Shopping centre directly across the road
• Strategic location for Brisbane 2032 Olympics

Inclusions:

• 7 Star Basix energy rating
• Volos premium kitchen inclusions
• 900mm gas cooktop and oven
• 600mm dishwasher
• Featured stone bench top
• Volos bathroom and ensuite fitouts
• Legrand LED lights, switches and electrical fittings
• Bora 2.5kW Hi-Wall inverter AC (Master Bedroom)
• Bora 7.1kW Hi-Wall inverter AC (Living)
• Thermann LPG hot water system
• Hybrid flooring
• 2.55m ceiling height

This co-living property is an ideal SMSF-friendly investment offering a completed, high-yield solution in one of Brisbane's most sought-after suburbs.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing